Trump Today: President unveils new sanctions against Iran as he calls on China to patrol Strait of Hormuz
President Donald Trump on Monday unveiled new sanctions targeting Iran’s leaders as he called on China to shoulder the responsibility for protecting a key waterway.
NEW SANCTIONS AGAINST IRAN
Trump signed an executive order he called “hard-hitting” targeting Iran’s leaders including the Supreme Leader of Iran. “I think a lot of restraint has been shown by us – a lot of restraint – and that doesn’t mean we’re going to show it in the future,” Trump said.
At a separate press briefing, Treasury Secretary Steven Mnuchin said the sanctions impact “billions of dollars” and said some of the sanctions were in the works before Iran shot down a U.S. drone. The Treasury sanctioned eight senior commanders of the Islamic Revolutionary Guards Corps.
Incorrectly spelling “Strait” as “Straight,’ Trump over two tweets said China and Japan should either pay or actually patrol a key Middle Eastern waterway, the Strait of Hormuz, that has been the source of recent tension between the U.S. and Iran.
China gets 91% of its Oil from the Straight, Japan 62%, & many other countries likewise. So why are we protecting the shipping lanes for other countries (many years) for zero compensation. All of these countries should be protecting their own ships on what has always been....
— Donald J. Trump (@realDonaldTrump) June 24, 2019 ....a dangerous journey. We don’t even need to be there in that the U.S. has just become (by far) the largest producer of Energy anywhere in the world! The U.S. request for Iran is very simple - No Nuclear Weapons and No Further Sponsoring of Terror!
— Donald J. Trump (@realDonaldTrump) June 24, 2019 MarketWatch columnist Paul Brandus explored this subject in a column, arguing that China’s lack of involvement in the Middle East also allows the country to pursue its priorities in the Western Pacific and South China seas.
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