POLITICS● ELEVATEDAug 27 · Aug 27, 2026, 10:44 PM
Trump hints at sanctions on Chinese banks over Iran ties before Xi’s expected US visit
South China Morning Post · global
US President Donald Trump on Thursday hinted at sanctioning Chinese banks over their commercial links with Iran, just weeks before Chinese leader Xi Jinping is expected to visit Washington for a bilateral summit. “Who said I’m not?” Trump said in response to a reporter’s question about why the US had not sanctioned Chinese banks for their dealings with Iranian entities. “Well, I don’t have to announce everything, do I?” Trump’s remarks come days after Treasury Secretary Scott Bessent announced...
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