{"id":592404,"date":"2026-08-22T08:40:11","date_gmt":"2026-08-22T08:40:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/592404\/"},"modified":"2026-08-22T08:40:11","modified_gmt":"2026-08-22T08:40:11","slug":"live-updates-iran-and-china-push-back-after-trumps-economic-threat","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/592404\/","title":{"rendered":"Live updates: Iran and China push back after Trump\u2019s economic threat"},"content":{"rendered":"<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/08\/ap26232565516998.jpg\" alt=\"Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington on Thursday.\" class=\"image__dam-img image__dam-img--loading\" onload=\"this.classList.remove('image__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"3744\" width=\"5616\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmt3udg7a000z3b6rkhq9tp7l@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            China responded on Friday to US President Donald Trump\u2019s threat of an \u201ceconomic D-Day\u201d against Iran, saying that sanctions do not \u201cfit the interest of any party.\u201d\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmt3udg7a00103b6rb5psnq1a@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            On Wednesday, Trump vowed to impose \u201ctremendous economic consequences\u201d against countries that continue to do business with Tehran, with Treasury Secretary Scott Bessent later urging Beijing to \u201cget with the program.\u201d\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmt3udg7a00113b6ry70okgu6@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            China believes that \u201csanctions and pressure tactics are not the solution,\u201d Lin Jian, China\u2019s foreign ministry spokesperson, said in a news briefing on Friday. Lin urged the relevant parties to solve the dispute through negotiation and dialogue, and come to a political settlement.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmt3udg7a00123b6r2o8zvmjq@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Beijing is a source of crucial economic support for Iran but has walked a cautious diplomatic line amid the US-Iran war, keeping <a href=\"https:\/\/www.cnn.com\/2026\/06\/20\/china\/china-iran-us-peace-deal-analysis-intl-hnk\" rel=\"nofollow noopener\" target=\"_blank\">communications open<\/a> with players on both sides. As for the leverage the US could wield over China however, Trump has increasingly <a href=\"https:\/\/www.cnn.com\/2026\/08\/21\/world\/live-news\/iran-war-trump?post-id=cmt2gpevk00003b6uap1nsa8w\" rel=\"nofollow noopener\" target=\"_blank\">limited options<\/a>.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmt3udg7a00133b6r9q156ne6@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Alongside China, Iran has also condemned what it called Trump\u2019s \u201cunlawful\u201d threat of an elevated economic campaign against Tehran.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmt3udg7a00143b6rd2zhnk4r@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Mohammad Bagher Ghalibaf, the country\u2019s parliament speaker, said today that Tehran is prepared to \u201csacrifice our wealth\u201d to defend the country\u2019s \u201cdignity and honor,\u201d according to Iran\u2019s semi-official Tasnim news agency. He added that \u201cwe must plan for unjust sanctions so that we can overcome them.\u201d\n    <\/p>\n","protected":false},"excerpt":{"rendered":"China responded on Friday to US President Donald Trump\u2019s threat of an \u201ceconomic D-Day\u201d against Iran, saying that&hellip;\n","protected":false},"author":2,"featured_media":592405,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-592404","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/592404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=592404"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/592404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/592405"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=592404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=592404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=592404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}