Iran’s Foreign Minister, Abbas Araghchi, says new US economic threats against Iran will not work. He wrote on social media that past US sanctions have all failed before, and this new plan is “bound to fail” too. He also said, “US economic terrorism threatens global economy and sovereignty worldwide,” as reported by Press TV. Meanwhile, China said it does not support new US sanctions on Iran. China is asking both Iran and the US to talk instead of fight.

At the same time, Oman and Iran are trying to restart talks about ships passing through the Strait of Hormuz. But in Lebanon, Israeli strikes hit several towns today, even though there is supposed to be a ceasefire.

Key developments:

• Iran rejects US sanctions threat: Araghchi says Trump’s new sanctions plan, which the US calls an “Economic D-Day,” is doomed to fail.
• China calls for talks: China says it does not back more US sanctions on Iran and wants Tehran and Washington to talk.
• Oman-Iran Hormuz talks: Foreign ministers of Oman and Iran spoke by phone about a new deal for ships moving through the Strait of Hormuz.
• Israeli strikes in Lebanon: Southern Lebanon towns, including Bint Jbeil and al-Mansouri, were hit by Israeli strikes despite the ceasefire.
• Trump eases beef tariffs: Trump announced short-term tariff relief on ground beef imports.

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