US announces expanded sanctions on Iran and threatens secondary sanctions on trading partners including China
On August 25, 2026, US Treasury Secretary Scott Bessent announced expanded secondary sanctions against Iran, designating over 60 entities and threatening to cut violators off from the US dollar system. China rejected the sanctions as illegal and vowed to protect its interests, while Iran warned countries against joining the US campaign. The announcement comes amid a six-month war that began on February 28, 2026, when the US and Israel launched airstrikes against Iran.
- Newsmaxfirst
- Deutsche Welle+3.4 h
- South China Morning Post+9.6 h
- Reuters+42.5 h
- NBC News+47.2 h
- PBS NewsHour+49.4 h
- Breitbart+50.2 h
- NPR+59.7 h
- Financial Times+60.0 h
- Semafor+61.4 h
- BBC+61.5 h
- Al Jazeera+62.1 h
Broad agreement on what happened
Outlets across the spectrum land in roughly the same place: the shared language is highlighted.
“U.S. must be 'very, very careful' about Iran sanctions that target Beijing: Former Amb. to China”NBC NBC News LEFT-CENTER
“What are Iran's options to escalate further in face of US economic threats?” · Deutsche Welle, BBC, Semafor, South China Morning Post, Reuters, PBS NewsHour, Al Jazeera, The Hill, Bloomberg