US President Donald Trump threatens economic sanctions to countries trading with Iran
U.S President Donald Trump posted on Truth Social declaring an “ECONOMIC D-DAY” against Iran and warning that any country providing it a “lifeline” would face severe economic consequences. Key points from the announcement Trump said Iran had “failed to take” opportunities for a deal and that the U.S. would pursue “the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY” involving “Economic Warfare and Isolation on an unprecedented scale." He specifically stated: “ANY country that allows its financial institutions, businesses, airports or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences.” He called for an immediate end to activities including “Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies,” adding “You know who you are,” and urged U.S. allies to join in isolating Iran. No specific new measures, timelines, targeted countries, or legal mechanisms were detailed in th...