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Is the US Walking Into a Trap With China Over Iran? | Economic D-Day & De-Dollarization Explained
Treasury Secretary Scott Bessent has promised an “economic D-Day” against countries keeping Iran’s economy afloat — and the math points squarely at China, which buys the overwhelming majority of Iran’s oil exports. But Beijing has already shown this year it can hit back through rare earth export controls that rattled US defense supply ...
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