The Trump administration is set to reimpose economic sanctions on Iran next week that target its oil sector, after having reimposed sanctions on other sectors of the Iranian economy in August. But they will target Iran only indirectly. Many of those sanctions will be aimed at firms and financial institutions in Europe, Japan, Turkey and other allied countries, as well as China, India and elsewhere. Unlike the United Nations sanctions that helped bring Iran to the negotiating table and led to the international agreement to halt Iran’s nuclear weapons program, the new U.S. sanctions will be unilateral, extraterritorial—often called “secondary”—and […]
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Editor’s Note: Every Wednesday, WPR’s newsletter and engagement editor, Benjamin Wilhelm, curates the top news and analysis from China written by the experts who follow it. For the second time since coming to power in 2012, President Xi Jinping visited Guangdong province in southern China this week, completing a three-day tour of the manufacturing hub. Timed to coincide with the 40th anniversary of the beginning of China’s “reform and opening up” process, his itinerary essentially re-traced the steps of Deng Xiaoping’s legendary 1992 Southern Tour, in which the reformist leader, then 88 and retired from politics, publicly reiterated the importance […]
U.S. National Security Adviser John Bolton is in Moscow for meetings with senior Russian officials, including President Vladimir Putin, as the U.S. prepares to officially withdraw from a key Cold War-era arms reduction pact. The Intermediate-Range Nuclear Forces (INF) Treaty, which was signed in 1987 by then-President Ronald Reagan and Soviet leader Mikhail Gorbachev, bans all ground-based ballistic and cruise missiles with a range between 500 and 5,500 kilometers. Washington has repeatedly accused Moscow of violating the treaty for years. That, along with concerns over the rising threat from other U.S. rivals who are not bound by the deal’s terms, […]