Trump hints US could sanction Chinese banks over Iran links

Middle East Eye·August 27, 2026Sanctions

Trump hints US could sanction Chinese banks over Iran links US President Donald Trump hinted on Thursday that his administration may be preparing sanctions targeting Chinese banks over their links to Iran. Asked by reporters at the Oval Office why he hasn't sanctioned Chinese banks over such transactions, Trump responded "who said I'm not? " "You don't know if I'm doing it.