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中国部品のイランへの流れ、トランプ・習近平会談前に安全保障上の懸念

Wall Street Journal US Business •
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The flow of Chinese components to Iran continues to shadow President Trump’s upcoming summit with Chinese President Xi Jinping, raising concerns about sanctions evasion and supply chain vulnerabilities. Despite U.S. efforts to restrict technology transfers critical to Iran’s missile and nuclear programs, Chinese suppliers remain a key conduit for dual-use goods. Intelligence and customs data indicate sustained shipments of electronics, sensors, and manufacturing equipment from Chinese firms to Iranian end-users, often routed through third countries to obscure origins.

This persistent flow complicates U.S. diplomatic leverage ahead of the high-stakes meeting, where Trump aims to pressure China on trade, fentanyl, and Taiwan while seeking cooperation on Iran. The situation underscores the limits of unilateral sanctions when key supply chains remain embedded in global trade networks. Meanwhile, a separate but concurrent market turmoil is unfolding in the U.S. bond sector, where rising yields and volatile trading reflect investor anxiety over fiscal deficits, inflation persistence, and shifting monetary policy expectations.

Bond market stress has intensified as traders reassess the trajectory of Federal Reserve rate cuts amid sticky inflation data and expansive government borrowing. In parallel, media analysts note a shift in conservative digital audiences, with many MAGA-aligned podcasters reducing coverage of Trump and turning toward alternative figures and cultural issues, signaling potential fragmentation within the right-wing media ecosystem as loyalty to the former president wanes amid legal challenges and electoral setbacks.