Iran slams Trump’s economic pressure plan as more ‘failed policies’

Iranian Foreign Minister Abbas Araghchi condemned US President Donald Trump's economic pressure plan against Tehran, calling it a continuation of failed policies. Araghchi warned that such measures would only lead to further defeat and Iranian hostility. He described the so-called "Economic D-Day" as a diversion from America's own crisis, namely its unprecedented debt and soaring interest costs.

Araghchi argued that doubling down on these unsuccessful policies would only result in more defeat for the US and enmity towards Iranians. This statement came amid the ongoing conflict between Iran and the United States, which began on February 28 with US-Israeli attacks that prompted Iranian retaliation across the region. Although a ceasefire was reached on April 8, sporadic clashes persisted in and around the Strait of Hormuz, a crucial energy artery that Iran has blockaded, making it a flashpoint in the ongoing conflict.

Iran insists that the waterway will remain closed until the US lifts its naval blockade of Iranian ports, removes oil sanctions, and unfreezes Iran's assets abroad. Trump's administration has been pursuing a "maximum pressure" policy of economic sanctions on Iran since he assumed office in January 2025, echoing his approach during his first term.

However, Iran has consistently dismissed these sanctions as ineffective, maintaining that such measures and threats will not compel the country to alter its stance.