US Treasury Secretary Scott Bessent announced at his news conference that the US is announcing damaging new sanctions on countries that refuse to cut economic ties with Iran, targeting Iran’s digital assets, technology, gold, aviation, and shipping.
He declined to say whether the US is willing to target Chinese banks with sanctions — a move that could jeopardize delicate relations between China and the Trump administration.
0:00 US threatens damaging new sanctions on countries that refuse to cut economic ties with Iran
5:00 US targets Iran’s five lifelines- digital assets, technology, gold, aviation, and shipping
7:20 Treasury Secretary Bessent takes questions from the press
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