Trump vows 'most crushing' economic campaign against Iran, warns countries aiding Tehran
Trump announces an unprecedented economic campaign against Iran, warning countries that maintain ties with Tehran, including through financial institutions, businesses or airports, will face economic consequences
U.S. President Donald Trump announced a severe economic campaign against Iran on Wednesday, warning countries that assist Tehran. In his announcement on the social platform Truth Social, Trump stated that he has provided Iran with the best opportunity to reach a deal, but they failed to seize it. Consequently, he declared the most crushing economic operation ever taken against any country.
Trump alleged that the Iranian navy is gone, the air force destroyed, military factories in ruins, the currency worthless, and the nation hanging by a thread. He warned that any country engaging in economic ties with Iran, through their financial or governmental institutions, businesses, or airports on their territory, would face economic consequences.
Trump emphasized that this will be an economic D-day, and the United States needs all allies to stand with them to isolate and defeat the Iran threat. Iran mocked Trump's actions, accusing him of delusions regarding the Strait of Hormuz. The U.S. Treasury Secretary, Scott Bessent, revealed that the U.S. plans to implement unprecedented economic isolation measures and continue the blockade in the Strait of Hormuz, aiming to keep anything from entering or leaving Iranian ports.
Potential measures could include targeting China, which purchases over 90% of Iranian oil exports, and seizing Iranian government assets under U.S. jurisdiction.
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