Trump Suggests US Could Sanction Chinese Banks Over Iran Oil Before Xi Summit
President Donald Trump has suggested the United States could punish Chinese banks for helping move Iranian oil, using financial penalties called sanctions.
President Donald Trump has suggested the United States could punish Chinese banks for helping move Iranian oil, using financial penalties called sanctions.
US President Trump, European Union officials and Russia's foreign ministry have all played down fears that Russia might attack NATO, the military alliance of the US, Canada and European countries.
President Trump has sent Congress a classified agreement to help Saudi Arabia build a civilian nuclear program.
Canada has published a detailed list of new tariffs on $20 billion of American goods, including steel, dairy, fish, furniture and cosmetics, matching tariffs the United States already placed on Canadian goods.
US President Donald Trump says he will double tariffs, taxes on imported goods, on Canadian-made cars and parts to 50%, and add new tariffs on Canada starting January 2027, after trade talks in Washington collapsed and Canadian negotiators walked out.
Canadian Prime Minister Mark Carney said Canada is now 'at war' with the United States over trade, after talks between the two countries broke down.
The United States has asked allied countries and China to join a campaign of economic sanctions against Iran, part of President Trump's effort to raise pressure on Tehran during a stalled war.
Donald Trump says he is starting a major economic campaign to punish any country doing business with Iran, calling it the toughest such effort yet.
The US and Canada have been in stalled trade talks, with Washington threatening to raise tariffs (taxes on imported goods) on Canadian products to 50%.
Iran's parliament speaker said Tuesday that forces will keep the Strait of Hormuz, a narrow sea passage that much of the world's oil ships through, closed until the US meets terms from an earlier agreement.
President Trump said the US would bomb Oman if the Gulf country 'gets in the way' over the standoff with Iran, the BBC reports.
President Trump ordered the Pentagon to reduce planned joint military exercises with South Korea, an ally the US has long worked with to deter North Korea.