US Unveils Aggressive Economic Campaign Against Iran, Urges Allies and China to Cut Ties
The United States has launched an aggressive campaign to isolate Iran economically, urging its allies and China to cut their ties with the country. The move follows President Donald Trump's announcement of what he calls 'the most crushing economic operation ever taken against any country.'
Treasury Secretary Scott Bessent said that the administration will impose the 'toughest sanctions in history' on countries that continue to provide Iran with an economic lifeline, including oil smuggling and cash transfers. The campaign is aimed at crippling Iran's economy and forcing Tehran to abandon its nuclear ambitions.
Iran has rejected the US campaign, calling it 'economic terrorism' and a 'crime against humanity.' Foreign Minister Abbas Araghchi said that further pressure would only serve as a distraction from rising US debt and interest costs. China, which is Iran's largest oil customer, has expressed caution, with Foreign Ministry spokesman Lin Jian saying that sanctions and pressure will not help resolve the issue.
The US campaign comes as the country and Israel continue to engage in a war of words with Iran, with Trump announcing this week that talks with Tehran are on hold. The administration sees economic pressure as its most effective tool against Iran, which it believes is the key to preventing renewed large-scale military operations.