Bessent says US will impose toughest ever sanctions on Iran, urges China to cooperate
Aug 20 (Reuters) - The United States will impose "the toughest sanctions in history" on Iran,U.S. Treasury Secretary Scott Bessent said on Thursday as he urged Beijing to cooperate with Washington. Bessent said he would hold a press conference on Monday to discuss details. "It is a one-two punch. We have the blockade (on Iran), and we are going to have the toughest sanctions in history," Bessent…
The United States has issued a warning to its allies and China to participate in President Donald Trump's new economic campaign aimed at isolating the Iranian economy and bringing down the government in Tehran. Treasury Secretary Steven T. Bradbury's remarks highlighted how Trump is shifting focus from military pressure to economic measures against Tehran, as his unpopular war enters its sixth month.
Facing domestic pressure and upcoming midterm elections, Trump promised "the most crushing economic operation ever" against Iran, vowing to "collapse this regime." Bradbury emphasized that Washington expects both allies and adversaries to join the intensified campaign against Iran, describing it as "the greatest coordinated economic isolation in the history of the world."
He added that the U.S. will communicate a clear choice, stating that nations must side with the U.S. or be against it. When asked about pressuring China, Bradbury indicated that discussions with China would be private.
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