US pushes allies, China to back Trump’s economic war on Iran
Treasury secretary Scott Bessent calls on Beijing to 'get with the programme' and says countries can either be with or against the US.
WASHINGTON: US Treasury Secretary Scott Bessent declared that President Donald Trump's new strategy would isolate Iran's economy and ultimately topple the regime in Tehran. The economic pressure was expected to be greater than any previous coordinated global effort against a nation. Bessent urged allies and China to join the campaign, suggesting it would be the "greatest coordinated economic isolation in the history of the world."
China, however, remained uncommitted, with Chinese President Xi Jinping set to meet Trump at the White House later that month. Bessent also hinted that the economic approach could prevent a resurgence of heavy military operations against Iran. Iran labeled the threats as "economic terrorism" and a form of "crimes against humanity."
Despite years of sanctions, Iran continued exporting oil, primarily to China. Meanwhile, Trump announced an "unprecedented" economic blockade against Iran, while simultaneously increasing military presence in the region.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 4 other outlets
- US pushes allies, China to back Trump’s economic war on Iran freemalaysiatoday.com
- US pushes allies, China to back Trump's economic war on Iran nst.com.my
- Trump administration pressuring countries to cut economic ties with Iran cbsnews.com
- US Pushes Allies, China To Support Trump's Economic War On Iran ndtv.com