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newsAug 25, 20261:43pending

US threatens economic asphyxiation of Iran

7News Just In

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The Trump administration has imposed fresh sanctions on nearly 60 Iranian-linked individuals and companies, threatening severe economic penalties against any country that continues trading with Iran. China, which purchases over 80% of Iran's oil, is the primary target of this warning, with Washington threatening to remove entities facilitating money laundering from the US dollar system. Trump has also announced new 50% tariffs on Canadian vehicles.

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US threatens economic asphyxiation of Iran

7News Just In

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