U.S. Treasury Secretary Scott Bessent said he discussed Beijing’s commitments on rare earth and American farm product purchases in a call with Chinese Vice Premier He Lifeng on July 30.Bessent and U.S. Trade Representative Jamieson Greer joined the call ahead of the upcoming summit...

The U.S. Treasury Department announced a new round of sanctions against the Iranian regime on July 29, targeting eight vessels and their operators found to have been transporting Iranian oil, primarily to China.The Treasury also sanctioned two newly established Iranian companies, which it said...