“The U.S. launched what it described as an unprecedented campaign to cripple Iran’s economy by cutting off ‘every remaining lifeline’ sustaining the country,” the Wall Street Journal reports.
“Yet unmentioned in Scott Bessent’s speech announcing ‘Operation Economic Outcast’ was the country that has enabled Iran to withstand years of American pressure: China.”
“The announcement Monday by the U.S. Treasury secretary—which included penalties against companies enabling Iran but fell short of more forceful sanctions on China—illustrates the challenge for Washington in squeezing Tehran economically.”
Bloomberg: How China is caught in Trump, Bessent’s push for economic D-Day for Iran.
