The US has announced a new wave of sanctions on Iran and has promised to sanction any countries trading with it - including China. It also comes as the US deepens a trade war with its neighbour Canada.…
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Cover image: President Donald Trump salutes while the National Anthem is played at the start of the NTT INDYCAR Series on August 23, 2026 in Washington, DC. © AFP via pool
Americas
Issued on: 25/08/2026 - 15:25
US threat of ‘economic D-Day’ for Iran tests Trump’s China detente
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The US says it is preparing to announce new sanctions on Iran. It's been billed an economic D-day and is expected to add further…
Tensions between Iran and the United States continue to escalate. Tehran is threatening to regard as enemies any countries that…
Iranian officials are maintaining their strong rhetoric against the US, after Washington announced a fresh raft of sanctions…
Exerting maximum economic pressure on Tehran would risk blowback from Beijing.
Bessent says ‘Operation Economic Outcast' aimed at severing Tehran’s international financial ties
The U.S. launched what the Trump administration calls “Operation Economic Outcast” against Iran. It includes threats to increase…
