WASHINGTON: United States President Donald Trump mentioned on Wednesday (Aug 19) he was launching a significant new marketing campaign to focus on Iran’s economic system, threatening “great” punishment on any nation that helps or does enterprise with the Islamic Republic.
The intensified financial strain marketing campaign comes because the struggle nears its sixth month with no speedy diplomatic or navy off-ramp in sight.
Trump can be dealing with renewed home political scrutiny over the struggle with November elections rapidly approaching.
“Right this moment, I’m asserting the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will likely be Financial Warfare and Isolation on an unprecedented scale,” Trump wrote on Reality Social.
“I’m additionally asserting that ANY nation that enables its monetary establishments, companies, airports, or authorities entities to supply any sort of lifeline to Iran will itself face TREMENDOUS Financial Penalties,” he mentioned.
He didn’t specify what punishment nations would face, and none aside from Iran have been talked about by title.
The president’s feedback come almost per week after Treasury Secretary Scott Bessent mentioned the US would impose financial isolation on the nation “just like the world has by no means seen earlier than”.
Regardless of a latest lull in missile strikes, Iran has continued to impose an efficient blockade on delivery via the Strait of Hormuz, after a framework US-Iran deal to reopen the very important hall collapsed.
In latest days, either side have mentioned messages have been being exchanged, nonetheless, Trump on Tuesday insisted talks were off and posted a message on social media suggesting the strait may very well be a “NEW US Territory”.
