The administration of US President Donald Trump has issued a fresh round of Iran-related sanctions targeting six individuals and four entities, including some tied to China, according to a notice posted on the US Department of Treasury's website on Wednesday.
The US government on Wednesday said it was imposing sanctions against 11 people and entities, including several based in China and Hong Kong, for supporting weapons procurement by Iran's Revolutionary Guard Corps and the Iranian military, according to Reuters.
Nine of those designated were China- and Hong Kong-based individuals and companies that facilitated the procurement of weapons for Iran's military, and a Hong Kong-based company operating within Iran’s clandestine banking network, the US Treasury's Office of Foreign Assets Control said in a statement.
The US State Department also designated two companies and individuals based in Iran and Belarus in connection with Iran's conventional arms-related activities, Treasury said.
Trump on Wednesday said Tehran has taken too long to negotiate a deal and would now “have to pay the price” after Iran and the United States exchanged strikes in the region amid reported efforts to continue talks.
“Iran is all talk and no action,” Trump wrote in a social media post. “They’ve taken too long to negotiate a deal that would have been great for them, now they will have to pay the price!!!”
Trump, in a later interview with Fox News, said he was getting close to ordering new strikes targeting Iran's power plants and bridges if Tehran is unwilling to sign an agreement.
The United States and Iran traded air attacks on Thursday for a second straight day.
The escalation in hostilities began earlier this week with the downing of a US Apache helicopter near the Strait of Hormuz, which sparked a series of tit-for-tat attacks across Iran and on US bases around the region.
The US military said its latest attacks targeted “military surveillance capabilities, communication systems, and air defense sites across Iran” in response to what it called Tehran's “unwarranted and continued aggression.”