Trump announces ‘Economic Warfare’ on Iran, threatens ‘tremendous’ consequences for its backers
- Treasury Secretary Scott Bessent announced this week that President Donald Trump is prepared to order new sanctions on Iran to punish its economy, marking an escalation in economic pressure.
- The administration favors economic warfare, touting its naval blockade of the Strait of Hormuz, after a 60-day memorandum of understanding between the U.S. and Iran expired with no replacement agreement.
- Escalating pressure targets an Iranian economy suffering 65% inflation over the past year, with officials considering sanctions on Chinese banks despite concerns about harming American economic interests.
- Mohammad Ghalibaf, Iran's parliament speaker, wrote on X Tuesday that the U.S. was "trying to pull a rabbit out of their hat" and that squeezing Iran will not win concessions.
- Trump, who is "not in a hurry" for a solution, maintains a long-term approach while Energy Secretary Chris Wright said the administration aims to leave the next generation without nuclear threats.
219 Articles
219 Articles
The US will impose economic sanctions on all countries that aid Iran or do business with it.
Trump threatens to destroy countries that provide ‘lifeline’ to Iran
President Donald Trump warned of economic consequences against any country that provided “any type of lifeline to Iran” as the U.S. looks to resolve a war it began alongside Israel nearly six months ago. Thousands of people have been killed in the war, which quickly drew in countries across the Gulf, and global markets have […]
President Donald Trump is deploying yet another strategy in the war with Iran in the usual way: with a threat written in capital letters.
The U.S. President has promised "terrible economic repercussions" to those who would support Tehran.
El Periódico
The President of the United States, Donald Trump, announced this Wednesday that he will start against Iran "the most devastating economic operation ever undertaken," pointing out "an unprecedented economic war and isolation" in which the White House will inflict "tremendous economic consequences" on any country that allows any kind of aid to Tehran from its institutions and businesses. "I announce the most devastating economic operation ever und…
After failed negotiations, the US President threatens with unprecedented sanctions. Read the latest developments in the live ticker.
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