Urgent.News

What's breaking now, across thousands of outlets.

Editions

World

US warns allies, China to back economic war on Iran

WASHINGTON — The United States on Thursday warned allies and China alike to join President Donald Trump's new campaign to isolate the Iranian economy and "collapse" the government in Tehran. U.S. Treasury Secretary Scott Bessent's comments underscored how Trump is shifting to economic rather than military pressure on Tehran as his unpopular war drags towards the six-month mark. Under pressure at…

US warns allies, China to back economic war on Iran

On Thursday, the United States issued a stern warning to its allies and China to join forces in President Donald Trump's campaign to isolate Iran's economy and bring down the government in Tehran. U.S. Treasury Secretary Scott Bessent's remarks highlighted the shift towards economic pressure on Tehran, as Trump's unpopular war enters its six-month mark.

Facing domestic pressure and with important midterm elections approaching, Trump had pledged on Wednesday what he called the "most crushing" economic operation ever against Iran. Treasury Secretary Bessent told CNBC that "this is going to be the greatest coordinated economic isolation in the history of the world," urging allies to choose sides, stating, "you are either with us or against us."

When asked about pressuring China, Bessent indicated that private conversations would be necessary to discuss the matter.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at koreatimes.co.kr →

More in World

Where Is South Kalimantan's Thick Haze Coming From?

Thick haze is blanketing South Kalimantan as peatland fires burn across several areas, reducing visibility and disrupting residents' daily activities.

  • Thick haze from forest and land fires in peatlands
  • South Kalimantan Forestry Service combating fires
  • Dry season worsens firefighting efforts

The fight to protect Big Bend, one of America's last wild places

Months after Congress approved billions for infrastructure across one of the least-trafficked stretches of the southern border, bulldozers arrived at Big Bend National Park, West Texas's wild crown…

  • Big Bend National Park faces controversy over construction project.
  • 3,096 apprehensions last year, 1.3% of Southwest border arrests.
  • Border security spending in Big Bend Sector amounts to $14.5 million per mile.

More from Thursday 20 August →