Iran-US war latest: Tehran accuses Trump of ‘economic terrorism’ after he vows to crush it with sanctions
Iran has accused US president Donald Trump of threatening “economic terrorism” after the US treasury said it would introduce the “toughest sanctions in history” against Tehran.
Trump has promised to wage “Economic Warfare and Isolation on an unprecedented scale”, suggesting the US will extend sanctions to allies that have helped mediate peace talks.
“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,” Trump wrote.
US treasury secretary Scott Bessent also made a similar warning, calling on allies to pick a side.
“We are going to collapse this regime. It is time for our allies and the rest of the world to make a decision,” Bessent told broadcaster CNBC. “You are either with us or against us,” he said.
Foreign minister Abbas Araghchi said that further sanctions would only bring “further defeat” to the US and said Trump was seeking to create a “diversion from America’s own crisis: unprecedented debt and surging interest costs”.
Meanwhile, over 750 members of the US military have been injured since the Iran war began, US officials said. More than 50 soldiers were added to the Pentagon’s casualty database on Wednesday, bringing the total figures to 757 injured and 18 killed.
