Is Xi testing Trump? China tells companies to ignore U.S. sanctions tied to Iranian oil trade
MSNBC·2026-05-04 20:23

China does not seem to be taking President Trump very seriously. Its government just ordered Chinese companies to ignore U .S. sanctions tied to Iran's oil TRADE, WHICH IS NEW FOR CHINA.CHINA HAS LONG BEEN CRITICAL OF U .S. SANCTIONS, YES, BUT IN PRACTICE IT USUALLY ALLOWS ITS BIGGEST COMPANIES TO COMPLY WITH THE U .S. , A STRATEGY THAT WAS MEANT TO PROTECT ACCESS TO THE U .S.FINANCIAL system. So what has changed. Or maybe the better question is, what is the strategy here.Because this isn't the only point o ...

Is Xi testing Trump? China tells companies to ignore U.S. sanctions tied to Iranian oil trade - Reportify