- A meeting was held on July 1, 2026, involving the US-China Board of Trade and Board of Investment to establish strategic stability and handle future trade issues.
- Trade and investment boards are underway to discuss U.S.-China economic relations, with China agreeing to roll back export controls on critical minerals.
- Xi Jinping is scheduled to meet in Beijing as Beijing and Washington spar over trade, while Bessent and Greer meet with Chinese officials.
- The US administration applies secondary sanctions pressure, emphasizing the need for international cooperation to enforce financial pressure.
Scott Bessent, while meeting counterparts in Beijing, announced that US proposed rulemaking targets financial institutions like Banque Misr in connection with Iran sanctions.
9 reports, 1 independent
Updated Aug 30
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Scott Bessent, while meeting counterparts in Beijing, announced that US proposed rulemaking targets financial institutions like Banque Misr in connection with Iran sanctions.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Scott Bessent
United States Secretary of the Treasury
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Beijing
capital city of China
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Banque Misr
Egyptian bank
Nothing else this week.
Related events
- Scott Bessent announced unprecedented sanctions against Iran, targeting conduits that fund Islamic Revolutionary Guard Corps entities.
- Scott Bessent advocated for a negotiated settlement with Russia, while Donald Trump suspended and lifted sanctions on Russian imports.
- The US has tightened sanctions specifically targeting Iranian international air links.