Trump threatens Iran’s trade partners, as military strikes make way for economic pressure

The Guardian·August 20, 2026Sanctions

US president pivots towards ‘crushing’ economic operation against Iran and its trading partners as military strikes fail to bring Tehran to the table Donald Trump has announced a new campaign to isolate Iran’s economy, threatening “tremendous economic consequences” on any country that helps or does business with Tehran, a move that could set up a fresh confrontation with China if implemented. “Today, I am announcing the most crushing economic operation ever taken against any country! ” Trump wrote on Truth Social.

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