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Story summary
- U.S. Treasury Secretary Scott Bessent expects talks with Chinese Vice Premier He Lifeng this weekend on Iran ties.
- The Treasury announced broader secondary sanctions on firms dealing with Iran, warning they could lose dollar-system access.
- China was Iran's trading partner in 2025.
- China said it would safeguard its interests.
- The Treasury sanctioned Russia's VTB Bank for moving billions of dollars in Iranian assets.
