Trump administration prepares for pivot to economic warfare on Iran
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The Trump administration is preparing to escalate economic pressure on Iran, calling it the 'financial equivalent' of bombing.
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The Trump administration is preparing to escalate economic pressure on Iran, according to Treasury Secretary Scott Bessent. Bessent stated at a White House briefing Wednesday that the U.S. intends to intensify economic measures against the nation. He characterized these new moves as the "financial equivalent" of a bombing campaign, signaling a severe increase in sanctions. This indicates a significant shift towards economic warfare as a primary tool of foreign policy against Iran.
What's Being Done
Treasury Secretary Scott Bessent stated the U.S. intends to intensify economic measures against Iran.
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