Beijing is signaling that it is ready for a trade showdown, and it is building up a legal arsenal in preparation.
Category: Embargoes and Sanctions
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As Trump Heads to Beijing, China Is ‘Locked and Loaded’ for a Fight
The New York Times – Business: -
U.S. Targets Iran’s Missile and Drone Program With Sanctions
The New York Times – Business:The new measures are focused on Chinese companies that supply Iran’s military with materials to make drones.
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Iran Says It Seized Oil Tanker That Was Sanctioned by U.S.
The New York Times – Business:A maritime tracking company said the move was likely performative, given the Chinese-owned ship has an “established history within the Iranian trade ecosystem.”
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U.S. Warns China Over Iranian Oil as Sanctions Fight Intensifies
The New York Times – Business:China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude.
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Treasury Issues More Sanctions on Iranian Oil Exports
The New York Times – Business:The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
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U.S. Sanctions Zigzag in New World of Economic Warfare
The New York Times – Business:With oil prices in mind, the Trump administration has deployed a haphazard approach to sanctions on Russia and Iran.
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War and Sanctions Accelerate China’s Currency Push
The New York Times – Business:China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
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Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz
The New York Times – Business:Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began.
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Syrian Billionaires Needed a Favor in Washington. They Invoked the Trump Name.
The New York Times – Business:The attempt by the Khayyats to influence foreign policy while discussions are underway about potential Trump family deals is an increasingly common feature of the president’s second term.
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Syrian Billionaires Needed a Favor in Washington. They Invoked the Trump Name.
The New York Times – Business:The attempt by the Khayyats to influence foreign policy while discussions are underway about potential Trump family deals is an increasingly common feature of the president’s second term.
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What the U.S. Blockade Means for Iran’s Economy
The New York Times – Business:Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.
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Iran-Linked Ships Slow or Stop as U.S. Navy Enforces Strait of Hormuz Blockade
The New York Times – Business:More than a dozen U.S. Navy warships are enforcing a blockade on all vessels from all nations entering or leaving coastal areas or ports in Iran.