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U.S. Sanctions Iran's Financial Lifeline | Philadelphia News
The U.S. just dropped a major economic hammer on Iran, calling it an “economic D-Day” to strangle Tehran’s financial lifeline — and China is furious. Treasury Secretary Scott Bessent warned no one is off the hook if they help Iran’s economy, already targeting Chinese and Hong Kong firms tied to shipping and supply chains. Beijing slammed the sanctions as illegal and unilateral, threatening to cancel high-level talks with Washington — all while the U.S. tries to isolate Iran without breaking its delicate truce with China. This escalating standoff could ripple across global trade and diplomacy…
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