Trump announces ‘Economic Warfare’ on Iran, threatens ‘tremendous’ consequences for its backers
Trump warned countries aiding Tehran could face sanctions as the administration weighs measures against Chinese banks and other trade networks.
- 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.
240 Articles
240 Articles
On his social Truth the president of the United States calls for the support of allies in the boycott of Tehran: "Any country that allows its financial institutions, businesses, airports or government agencies to provide any kind of vital support to Iran will in turn face tremendous economic consequences"
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 […]
El Confidencial
Nómada NewsTrump warns unprecedented sanctions against third countries that support Tehran and calls on allies to join the siege to curb its funding and strategic capabilities
Local 3 News
President Donald Trump is deploying yet another strategy in the war with Iran in the usual way: with a threat written in capital letters.
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