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Iran calls Trump's ‘Economic D-Day’ a 'distraction from America’s own crisis'

Iranian Foreign Minister Abbas Araghchi warns the US president that the 'American economic terrorism' he is threatening will lead him to 'another defeat' against Iran and 'threatens the global economy and sovereignty'

Iran calls Trump's ‘Economic D-Day’ a 'distraction from America’s own crisis'

Tehran reacted on Thursday to President Donald Trump's announcement of an "unprecedented" economic campaign against Iran via social media. Iranian Foreign Minister Abbas Araghchi dismissed Trump's strategy as a "distraction from America's own crisis", highlighting the domestic economic challenges the United States faces, such as soaring debt and interest costs.

Araghchi warned that doubling down on failed policies would only lead to further defeat and hostility towards Iran. Trump unveiled what he called a "D-Day" economic operation, emphasizing the magnitude of this unprecedented strategy against the Islamic Republic. However, he did not detail the specifics of the operation. The president's announcement suggested that Iran would face severe economic consequences, including the potential blockade of its navy, air force, military factories, currency, and ports.

Araghchi labeled the U.S. strategy as "American economic terrorism" that poses a threat to global economy and sovereignty. The U.S. Treasury Secretary Scott Bessent had previously announced measures that have never been seen in Iran, including unprecedented economic isolation and continuation of the blockade in the Strait of Hormuz.

Written by urgent.news from Ynetnews's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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