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China pushes back after U.S. tightens Iran-related economic pressure

The move raises the risk of a confrontation with Beijing while the U.S. aims to restrict Iran's economic lifelines without derailing a fragile U.S.-China truce.

Reported · Written up by our desk · Trade & Tariffs

The Trump administration is seeking to cut off Iran’s economic lifelines, a strategy that is now drawing pushback from China, according to NYT Business.

The report says the approach could trigger a clash with Beijing as Washington tries to apply tighter pressure on Iran while working to avoid upsetting a fragile U.S.-China truce.

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