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No One Is Above the Reach of US Sanctions: Treasury Secretary Bessent Signals China Not Exempt over Iran Ties - The Tribune

Summary by Tribune India
US Treasury Secretary Scott Bessent on Monday (local time) signalled that China would not be exempt from potential US sanctions over economic ties with Iran, while stopping short of directly confirming whether Chinese banks would be targeted, CNN reported.

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Countries that would not participate in the sanctions desired by the United States "will share the isolation of Iran" warned Scott Bessent, while Donald Trump called on a number of countries during the weekend to join his "economic war".

·Paris, France
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The U.S. has launched a trade offensive to cut off all sources of funding from Iran and U.S. Treasury Secretary Scott Bessent has threatened sanctions to all countries that maintain trade ties with the Asian country, including China, to achieve total isolation from the Iranian economy. Iranian state television broadcasts a video on how to kill Barron Trump and claims there is a $10 million reward "From today, the actions of the Treasury Departme…

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The U.S. has launched a trade offensive to cut off all sources of funding from Iran and U.S. Treasury Secretary Scott Bessent has threatened sanctions against all countries that maintain trade ties with the Asian country, including China, to achieve total isolation from the Iranian economy. “From today on, actions by the Treasury Department and other agencies will tighten the siege and block any possible source of revenue that will finance the I…

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Monday, August 24, 2026.
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