Treasury Secretary Bessent on Iran sanctions
9 Articles
9 Articles
US Treasury Secretary Scott Bessent introduced a new "secondary" sanctions package on Monday, affecting not Iran directly, but its trading partners.
Iranian Economy and Finance Minister Ali Madanazadeh responded to recent statements by US Treasury Secretary Scott Bessent, saying the Iranian government is prepared for US economic sanctions.
Treasury Secretary Calls on China to Enforce U.S. Sanctions on Iran
Treasury Secretary Scott Bessent called on China on Aug. 20 to help enforce President Donald Trump’s expanded sanctions against Iran, telling CNBC that Beijing needed to "get with the program." Bessent said Washington and Beijing were holding private conversations about the enforcement effort. "Keep in mind, the Chinese get 50% of their energy from the Gulf. So, it would do them a big service to get with the program," Bessent told CNBC, accordin…
China is not impressed by the threat from US Treasury Secretary Scott Bessent that the US will impose sanctions against countries that continue to maintain economic ties with Iran. 'No one needs to interfere with our cooperation with Iran.'
US Treasury Secretary Scott Bessent's threat to unleash an "economic D-Day" against Iran risks putting the US on a collision course with China, the country's most important trading partner, Bloomberg News reports.
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