shockedcanadian
Diamond Member
- Aug 6, 2012
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A week before Trump is to give the CCP credibility by visiting? This is the strongest power move by China against America yet, a rubicon is being crossed. This is the moment, under Trump of all presidents, that ANY nation has crossed America so boldly since Japan really over 80 years ago. This is them saying "we have replaced you". Incredible.
Does Xi and his intel sources believe Trump will blink for the world? Insanity.
www.foxnews.com
China has ordered companies to disregard U.S. sanctions targeting Iranian oil, forcing a direct test of Washington’s ability to enforce its crackdown on Iran.
A new directive, issued through China’s Commerce Ministry Sunday, invokes a 2021 "blocking statute" that prohibits firms from complying with foreign sanctions deemed illegitimate. The order applies to several Chinese refiners accused by the United States of purchasing Iranian crude, including major independent processors known as "teapot" refineries.
The move represents a shift from years of opaque workarounds to more explicit state-backed resistance, as Beijing signals it will not cooperate with U.S. efforts to cut off a key source of revenue for Iran.
"This is unprecedented. It’s a major escalation in terms of China’s response to U.S. economic statecraft. It is a measure of defiance by Beijing," said Max Meizlish, a senior research analyst at the Foundation for Defense of Democracies.
The escalation comes as the Trump administration intensifies its sanctions campaign, targeting Chinese refiners and warning financial institutions they could face penalties for facilitating oil transactions between Iran and China.
Does Xi and his intel sources believe Trump will blink for the world? Insanity.
China orders firms to ignore US Iran sanctions, daring US to enforce crackdown
China orders firms to defy U.S. sanctions on Iranian oil in what analysts call an unprecedented escalation of Beijing's resistance to Washington.
China has ordered companies to disregard U.S. sanctions targeting Iranian oil, forcing a direct test of Washington’s ability to enforce its crackdown on Iran.
A new directive, issued through China’s Commerce Ministry Sunday, invokes a 2021 "blocking statute" that prohibits firms from complying with foreign sanctions deemed illegitimate. The order applies to several Chinese refiners accused by the United States of purchasing Iranian crude, including major independent processors known as "teapot" refineries.
The move represents a shift from years of opaque workarounds to more explicit state-backed resistance, as Beijing signals it will not cooperate with U.S. efforts to cut off a key source of revenue for Iran.
"This is unprecedented. It’s a major escalation in terms of China’s response to U.S. economic statecraft. It is a measure of defiance by Beijing," said Max Meizlish, a senior research analyst at the Foundation for Defense of Democracies.
The escalation comes as the Trump administration intensifies its sanctions campaign, targeting Chinese refiners and warning financial institutions they could face penalties for facilitating oil transactions between Iran and China.
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