Bessent threatens "toughest sanctions in history" on Iran
Headline from CBS News
Treasury Secretary Scott Bessent says the U.S. is planning to impose devastating sanctions on Iran as war with the U.S. drags on. CBS News' Olivia Rinaldi has more on that and North Korea's launch of ballistic missiles.
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Aug 20 (Reuters) - The United States will impose "the toughest sanctions in history" on Iran,U.S. Treasury Secretary Scott Bessent said on Thursday as he urged Beijing to cooperate with Washington. Bessent said he would hold a press conference on Monday to discuss details. "It is a one-two punch.
Aug 20 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday Washington will impose "the toughest sanctions in history" on Iran and urged Beijing to cooperate with the U.S., but China said sanctions will not help in resolving the issue.
Treasury Secretary Scott Bessent says the U.S. is planning to impose devastating sanctions on Iran as war with the U.S. drags on. CBS News' Olivia Rinaldi has more on that and North Korea's launch of ballistic missiles.
By Jana Choukeir and Susan Heavey DUBAI/WASHINGTON, Aug 21 (Reuters) - U.S. Treasury chief Scott Bessent said the United States will impose "the toughest sanctions in history" on Iran, a move he suggested would lessen the need for new major military operations.