Tehran vows to fight back after Trump signals he plans to choke Iran economically
Iran plans to take action after US President Donald Trump made clear that inflicting economic pressure is part of Washington’s latest strategy, Iran’s semi-official Mehr news agency reported Monday. First Vice President Mohammad Reza Aref ordered “intensified market supervision” and said “inspection bodies should deal seriously with overpricing, underweight selling and hoarding,” reported Mehr.…
President Donald Trump has signaled his intention to economically pressure Iran, prompting Iran to vow retaliation. First Vice President Mohammad Reza Aref has ordered "intensified market supervision" and warned inspection bodies to "deal seriously with overpricing, underweight selling and hoarding." Aref also announced the establishment of a central market oversight headquarters, which would initially offer guidance, but could escalate to legal action if violations persisted.
Last week, Treasury Secretary Scott Bessent suggested the US would implement measures "never seen before" on Iran, indicating Washington's determination to further isolate the country and blockade its ports. Trump made the comments following a recent statement where he claimed the US was "just watching Iran with its huge inflation and the fact they have no money."
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