Key facts
- US lawmakers are urging the Trump administration to sanction Chinese banks.
- The proposed sanctions are related to Chinese banks' alleged support for Iran's economy.
- President Trump has indicated that sanctions on these banks are a possibility.
- Trump suggested that not all sanctions actions need to be publicly announced in advance.
US lawmakers are calling on the Trump administration to impose sanctions on Chinese banks that are allegedly facilitating Iran's economy. These calls come as President Trump has hinted at potential actions against these financial institutions.
Sanctions experts have suggested that a comprehensive approach, such as "Operation Economic Outcast," could isolate Iran if implemented with concrete measures. However, they noted that immediate actions have been lacking.