Trump's Iran Stance Threatens US-China Trade Deal Again

Economy
C
CNBC Awaaz•15-01-2026, 08:25
Trump's Iran Stance Threatens US-China Trade Deal Again
- •US President Donald Trump's threat of 25% tariffs on countries trading with Iran raises concerns for the US-China trade deal.
- •China, Iran's largest trading partner, faces direct impact, potentially jeopardizing the interim trade agreement with the US.
- •China strongly opposes unilateral sanctions, reserving the right to protect its interests, as stated by its US Embassy spokesperson.
- •Experts warn that new tariffs could trigger retaliatory measures, affecting US soybean exports and escalating US-China tensions.
- •Despite US sanctions, China's economic cooperation with Iran, particularly oil imports, remains crucial, with experts predicting continued engagement.
Why It Matters: Trump's new Iran tariffs risk unraveling the fragile US-China trade truce and escalating global tensions.
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