Aug. 25 (UPI) — China is angrily pushing back against the President Donald Trump administration on new sanctions against Iran that will harm it.
China said it would defend its interests against the United States and accused the administration of disrupting the global financial order.
On Monday, Treasury Secretary Scott Bessent set out plans to “sever every economic lifeline” to Iran, targeting countries that do business with the country.
China’s foreign ministry representative, Lin Jian, said China is firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary measures” to defend its rights.
“Cooperation between China and Iran has always been conducted within the framework of international law and should not be interfered with or disrupted,” Lin said.
China is the largest customer of Iranian oil.
The United States listed more than 60 brokers, companies and ships facing new sanctions. They included more than a dozen small businesses from Hong Kong and China, The New York Times reported. But larger companies in China weren’t on the list, which some have speculated means Washington was being careful not to antagonize the country.
Chinese President Xi Jinping is planning to visit the United States next month to meet with Trump and continue talks.
Iranian Economy Minister Ali Madanizadeh said Tehran was “fully prepared” for the broader sanctions, which he said would lead to “another defeat” for the United States.
“The government is and was ready and has a two-year plan to manage these events,” he told state television. “We also have our own tools and know how to play the game,” he said. He also said that Tehran had been “waiting for these plans for a long time.”
