U.S. Treasury Chief Says China Talks Could Cover Iran, Russia Oil Buys

U.S. Treasury Scott Bessent told CNBC that Iranian oil sales to China would be on the trade agenda with Beijing. Image via CNBC.

The next round of U.S.-China talks could include Chinese purchases of Russian and Iranian oil, U.S. Treasury Secretary Scott Bessent said Monday, a move that would shift the focus of trade negotiations into national security issues.

U.S. President Donald Trump has imposed fresh tariffs on allies and competitors alike this year, and Washington and Beijing rapidly hiked duties on each other’s goods in April in a tit-for-tat escalation.

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by Agence France-Presse

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