US-Israel-Iran War Live News: US 'Hopes' to Avoid Secondary Sanctions on China Over Iranian Crude Oil Purchases
India, Aug. 30 -- The United States is keeping secondary sanctions on China in reserve, expressing hope that it will not be forced to deploy them against Beijing over its continued purchases of Iranian crude oil. Former US national security officials and analysts indicate that the Donald Trump administration is holding this severe financial penalty as a strategic card while navigating a highly sensitive diplomatic tightrope.
Why US is Hesitating
Deep Economic Intertwining: Broad secondary sanctions targeting China's largest financial institutions would cause massive global market disruptions and trigger swift retaliation.
Upcoming Trump-Xi Summit: President Donald Trump and Chinese President Xi Jinping are scheduled to meet in Washingt...
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