Bessent’s ‘D-Day’ sanctions against Iran would deepen tensions with China
Any effort to truly choke off the regime's remaining revenue streams would be extremely difficult without targeting Chinese companies.
U.S. Treasury Secretary Scott Bessent's ultimatum to impose an "economic D-Day" on Iran could escalate tensions with China, the world's largest trading partner, according to the source. However, this remains uncertain as the administration of U.S. President Donald Trump has previously only made similar threats. A significant concern is whether Bessent will follow through, particularly considering China's substantial reliance on Iranian oil, which accounts for approximately 90% of Iran's exports.
Washington is currently attempting to maintain a delicate trade agreement with China while striving to end a contentious war in the Middle East.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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