U.S. circulated interim agreement text on Iran at the G7 summit; G7 leaders are reviewing the framework agreement.

On June 17 at a regular briefing, Foreign Ministry spokesperson Lin Jian was asked about reports the US Commerce Department had deferred adding several Chinese firms to its export-control entity list. Lin said China opposes broadening the national-security concept and the abuse of entity lists and other export-control tools to suppress Chinese companies, and urged the US to stop politicizing, instrumentalizing and weaponizing economic, trade and technology issues.

Fed Chair Kevin Warsh said the balance-sheet working group will review the benefits and risks of an ample-reserves regime.