US Treasury Secretary Bessent says had a very successful visit in China, will call on G7 to follow sanctions regime to keep financing away from the Iranian war regime

This statement reflects a proactive stance from the US on addressing global economic threats and terrorism through coordinated sanctions. The emphasis on discussing critical minerals alongside terror financing signals an understanding of the macroeconomic imbalances that can arise in international trade, particularly in relation to China's role. The implications for markets may include heightened geopolitical risks, potentially impacting commodity prices and shaping trade relations.