State escalates trade row with China over Iran war ahead of Trump-Xi summit

AI Summary

The U.S. State Department has intensified a trade dispute with China by imposing sanctions on several Chinese firms accused of assisting Iran in its military endeavors against the U.S. This escalation comes just ahead of a high-profile summit between Trump and Xi.

The State Department this week sanctioned three Chinese companies it accused of aiding Iran in its war against the U.S., the latest in the ...