Beijing has called for diplomacy after Treasury Secretary Scott Bessent urged countries to join Washington’s economic campaign against Tehran

China has refused to join a US plan to “squash” Iran’s economy, rejecting Washington’s push to be part of the “toughest sanctions in history” against the Islamic Republic.

On Thursday, US Treasury Secretary Scott Bessent called on American allies and other countries to choose sides and stop doing business with Iran, as Washington prepares what he touted as “the greatest coordinated economic isolation in the history of the world.”

In an interview with CNBC, Bessent described the plan, expected to be…

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