POST Online Media Lite Edition



 

China to cooperate with Iran despite U.S. sanctions

Staff Writer |
China will maintain normal relations with Iran despite the U.S. sanctions, the Chinese Commerce Ministry spokesman Gao Feng said during a regular briefing.

Article continues below




The spokesman said Beijing opposes unilateral sanctions in general and that trade with Iran does not undermine China’s international obligations.

In late May. U.S. President Donald Trump pulled the United States out of an international nuclear deal with Iran in May and said he would reimpose harsh sanctions on Tehran.

Trump also threatened on Monday to hit $200 billion of Chinese imports with 10% tariffs if Beijing retaliates against his previous announcement to target $50 billion in imports. The US has alleged that China is stealing U.S. intellectual property, a charge denied by Beijing.

China said it will impose additional tariffs on 659 U.S. goods, with duties on 545 of them to kick in on July 6, after Trump said Washington will impose tariffs on $50 billion of Chinese products.


What to read next

Iran will sign nuclear deal only if sanctions immediately lifted
U.S. sanctions against Iran put Chinese companies on list
Iran hits new record in oil exports