U.S. Assures Banks on Transactions With China Shipping Company Hit by Iran Sanctions


By Reuters

The Trump administration assured U.S. banks on Wednesday that they can temporarily process U.S. dollar transactions on Chinese shipping companies it had previously sanctioned for allegedly transporting oil from Iran, in a move meant to blunt the i…

Published: November 27, 2019 at 02:01PM

via NYT Business Day https://ift.tt/2OpIYf0

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