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The Economic Times

National / The Economic Times

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Trump's new economic squeeze on Iran has a big challenge: China

The United States is imposing economic sanctions on Iran's financial networks globally. China, Iran's largest trading partner, presents a significant challenge to this strategy. President Trump plans to host Chinese leader Xi Jinping soon, impacting policy decisions. Beijing states its cooperation with Iran adheres to international law and will be protected. Analysts suggest the US will likely avoid confronting China directly before the summit.

26 Aug 2026 8:11 am