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Impact on Chinese Banks Post-U.S. Iran Sanctions
U.S. President Donald Trump remains ambiguous about his campaign to impose sanctions on Chinese banks that do business with Iran. As U.S. sanctions against Tehran were intensified, there were warnings of new measures against commercial partners. Despite the U.S. administration announcing the "Economic Pariah Operation," no major Chinese financial institutions have been included in the sanctions so far. Trump maintained an air of uncertainty regarding Washington’s intentions, hinting that it does not desire to hold meetings with world leaders concerning Iran.
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