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.
316 Articles
316 Articles
It is the United Arab Emirates, without whose support it is impossible to isolate the Iranian regime
US President Donald Trump has announced a new campaign aimed at isolating Iran's economy, threatening "enormous economic consequences" for any country that helps Iran or does business with Tehran. If this measure were to be implemented, it could cause a new conflict with China, writes the Guardian.
Donald Trump, the president of the United States, has announced 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. "Advertise ... Continue reading "Trump hardens the "economic war" again…
Iran-U.S. Economic Tensions: A Clash of Strategies
Iranian Foreign Minister Abbas Araqchi claims U.S. ‘Economic D-Day’ against Iran is a diversion from its own economic issues. Despite U.S. President Donald Trump's declaration of imposing the most severe economic measures against Iran, Araqchi insists further pressure will not succeed.
Trump's progress in Iran is neither military nor diplomatic. Now he threatens Iran and all states that support the regime with an "unexemplary economic war". How can this be interpreted?
The President of the United States, Donald Trump, announced this Wednesday, August 19, a new economic offensive against Iran, classifying it as the most devastating economic operation ever undertaken against any country. In his Truth Social network, Trump warned that any country that allows its financial institutions, companies, airports or government entities to provide any kind of rescue board to Iran will, in turn, face economic consequences.
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