China continues 'fair and lawful' business in Iran, despite US sanctions

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Iran has dismissed a last-minute offer from the Trump administration for talks, saying it could not negotiate while Washington had reneged on the 2015 deal to lift sanctions.

Tuesday evening on his nationally syndicated radio show, LevinTV host Mark Levin interviewed national security adviser John Bolton about the Trump administration's decision to impose further sanctions on the terrorist regime that rules Iran.

The renewed USA sanctions go into effect as protests escalate against Iran's hardline ruling party over its vast military spending, which has crippled an already weak Iranian economy.

Iran's foreign minister vowed on Wednesday to fight back against USA sanctions, remarks that come just days after the Trump administration introduced new measures it says are aimed at forcing policy changes in the country.

The national security adviser explained that the sanctions are meant to motivate the Iranian regime to "commit to give up their nuclear weapons program, their ballistic missiles, their support for terrorism".

On Wednesday, China's foreign ministry said it opposed the US' "unilateral sanctions" and "long-armed jurisdiction", adding its business ties with Iran were "open, transparent and lawful".

"If the Americans want to keep this simplistic and impossible idea in their minds they should also know its consequences, " Zarif said".

"For the first time in the history of the United Nations, the United States - a permanent member of the security council with veto power - is engaging in penalising nations across the entire world; not for violating a security council resolution, rather, for abiding by it", Khoshroo wrote.

"The Americans have assembled a war room against Iran", he said.

"China's lawful rights should be protected".

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At current market rates, the imports are worth about $15bn.

"It's good for the country, good for them, good for us and good for the world".

European countries have also vowed to protect the nuclear deal by continuing to trade with Iran.

Also on Tuesday a blocking statute aimed at protecting European Union firms took effect.

Despite opposing claims from the United States and Israel, researchers from the International Atomic Energy Agency (IAEA) maintain that Iran continues to abide by its commitment in the deal.

The US now plans on adding Iranian oil and gas to the sanctions in November this year.

Iranian Foreign Minister Mohammad Javad Zarif branded as doomed to fail the U.S. attempt of stopping Tehran from exporting oil.

"It symbolizes the determination to curb Iran's regional aggression and its ongoing plans to arm itself with nuclear weapons", said Netanyahu in a video released Monday, moments after Trump signed new sanctions into law.

However, a senior U.S. official said it was "not particularly concerned" by the move because many major firms had already announced they were pulling out of Iran. "America has zigzagged constantly, so now no one trusts them".

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