17 Hrs
Source:
CNN Arabic
America plans major financial sanctions on Iran which countries are most impacted
The US Treasury Secretary, Janet Yellen, issued a warning that "D-Day of an economic invasion" is approaching Iran, as part of an American escalation aimed at cutting off all economic arteries supporting the Iranian regime, in order to force it to retreat. She also threatened countries such as China, India, and Germany with sanctions if they continued their dealings with Tehran. It is expected that broad sanctions will be announced, targeting the world's largest economies to intensify pressure on Iran, which in 2022 exported to 147 countries and imported from 114 countries, with China being Iran's biggest trading partner, with exports totaling $22.4 billion. This step comes after a decline in trade volume with Iran since the US sanctions were imposed in 2018, with exports and imports halving or more, as part of an effort to economically pressure the Iranian regime.
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