Newsweek – The Donald Trump administration took double-barrelled aim at China and Iran on Wednesday, sanctioning a shadowy Chinese weapons merchant for illegally supplying the Islamic Republic with advanced ballistic missile components.
Karl Lee, also known as Li Fangwei, among several other aliases, “has supplied Iran with the full range of materials required to construct ballistic missiles—everything from highly-accurate guidance and control components to the raw ingredients needed to produce missile propellant,” a senior administration official told Newsweek on terms of anonymity.
The sanctions on Lee and his many shell companies were officially announced in the Federal Register Wednesday, but officials said the relevant congressional committees had been notified they were coming on May 14.
