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U.S. Treasury Secretary Scott Bessent announced what his department called “an economic onslaught” ?against Iran on Monday that combined new sanctions with ?threats against Tehran’s trading partners. His statement stopped ?short ?of some of the most punishing sanctions and did not list specific countries that would be targeted, or when those penalties would take effect. Here’s a summary of actions ?he announced: PRESSING OTHER GOVERNMENTS, INCLUDING WITH THREATS OF NEW SANCTIONS The United States will set timelines for other countries to shut down economic activity with Iran and threatens unspecified actions if they do not comply. Foreign entities that facilitate…
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