Trump Says US Would Impose 50% Tariff if China Arms Iran

Source
JH Kim

Summary

  • President Trump said the US would impose a 50%% tariff if China is found to be providing weapons to Iran.
  • The remarks could affect future trade and diplomatic relations as US-China relations intersect with Middle East tensions.
  • Trump again raised the possibility of using economic pressure and tariffs to deter military support for Iran.

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President Donald Trump said the US would impose a 50% tariff if it confirms that China supplied weapons to Iran. The comment signaled a willingness to respond to military support with economic measures.

Walter Bloomberg reported on June 12 that Trump said, "If it is confirmed that China is providing weapons to Iran, we will impose a 50% tariff."

The remarks came as negotiations between the US and Iran were underway. They amounted to a warning against possible intervention by a third country.

Trump has indicated he is prepared to use economic pressure to deter military support for Iran. He again raised the possibility of responding with tariffs.

As US-China relations intersect with tensions in the Middle East, the remarks could affect future trade and diplomatic ties.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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