China Defends Cooperation With Iran Amid US Warnings | Opening Trade 8/25/2026

China's Foreign Ministry said the country would not reduce cooperation with Iran following sanctions announced by the Trump administration on August 25, 2026. Treasury Secretary Bessent announced sanctions targeting businesses in China and Hong Kong, as well as entities, individuals, and vessels involved in Iran trade. The announcement included a warning of secondary sanctions against companies and countries continuing business with Iran. China indicated it would pursue retaliatory measures against the United States.

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