Politico: U.S. officials push for sanctions on China over oil purchases from Iran
Such a move would complicate trade talks between the two countries and further strain the relationship.
Senior administration officials now agree that China defied U.S. sanctions when it imported more than a million barrels of crude oil from Iran last month. But they are grappling with whether — and how — to hit back, according to three U.S. officials.
The State Department had considered issuing a waiver allowing Chinese companies to receive Iranian oil as payment in kind for their investment in an Iranian oil field, but that idea has been abandoned. China hawks on the National Security Council are now pushing for the U.S. to impose secondary sanctions on Chinese entities, a move that would complicate trade talks between the two countries and further strain the relationship.
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Update: Ceasefire Over? Trump Demands New Sanctions On Beijing Over Iranian Oil Imports (Zero Hedge)
WNU Editor: Is the U.S. - china trade truce over? I give it another month or two.
1 comment:
I have read Vietnam is full up. So it would be hard to transfer production form China to there. Gotta go Northern Phillipines and other places or back home.
Cannot play softball with assholes.
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