Bessent says no one is outside the reach of US sanctions on Iran, including China
- Trump is calling leaders to ask them to cut ties with Iran
- Wants 'zero leakage' on sanctions
- Countries will ahve a finite timeline to shut down activities we have identified, if they don't we will use Treasury authorities
- Will not set specific timelines for cutting ties, we don't have infinite patience
- Every country should be prepared to face US sanctions if they support Iran
- I expect a major financial institution to be sanctioned this week
- Do not take use of secondary sanctions lightly
- Would like Canada to come to the table and negotiate in good faith
I'm surprised to see oil lower today. There is a real debate on how much oil Iran is blocking in the Strait but eventually it's a number that matters and the US has entered some kind of war of attrition.
On the bond market, says Treasury hasn't bought back a single bond yet btu the first operation will be Sept 9.
This article was written by Adam Button at investinglive.com.提供 MainLink：Investinglive RSS Breaking News Feed
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