WorldIranian Foreign Minister Abbas Araghchi says U.S. President Donald Trump's threat to launch campaign of "economic warfare" against Iran "will only bring further defeat."Iranian foreign minister says Trump's threat 'will only bring further defeat'Listen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.On Thursday, Iranian Foreign Minister Abbas Araghchi, seen in June, rejected Trump's latest threat to unleash 'Economic Warfare and Isolation on an unprecedented scale' against Iran. (Hadi Mizban/The Associated Press)The Iranian foreign minister has rejected the latest threats from U.S. President Donald Trump, who this week said he planned to launch the "MOST CRUSHING ECONOMIC OPERATION EVER TAKEN" against Iran.Abbas Araghchi said in a post on X on Thursday that Trump's "so-called 'Economic D-Day' is a diversion from America's own crisis: unprecedented debt & surging interest costs.""Doubling down on failed policies will only bring further defeat—and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide," Araghchi said.The remarks came a day after Trump said he planned to unleash "Economic Warfare and Isolation on an unprecedented scale" against Iran, citing a failure to reach a lasting deal to end the months-long war.Trump says he'll launch 'most crushing economic operation ever' on Iran'No talks or conversations' with Iran, Trump says, as temporary ceasefire expiresThe U.S. president's Truth Social post also warned countries of "TREMENDOUS Economic Consequences" if they "provide any type of lifeline to Iran.""This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat."Trump did not name any countries specifically, nor say what specific steps the U.S. would take.China buys more than 80 per cent of Iran's shipped oil, according to 2025 data from analytics firm Kpler, but for the U.S. to ⁠engage in further economic warfare with China risks retaliation.Asked about Trump's economic threats during a press briefing on Thursday, Chinese Foreign Ministry spokesperson Lin Jian told reporters that "sanctions and pressure tactics are not the solution." "China calls on parties to act responsibly and stick to the political and diplomatic approach," Lin said.WATCH | Iran's new bounty on U.S. soldiers:$30K US dead or alive: Iran's new bounty on U.S. soldiers | About ThatAugust 19|Duration 10:18Iran is offering a $30,000 US bounty to any Iranian who can capture or kill American soldiers. Andrew Chang breaks down why the timing of the announcement matters, its propaganda value, and how realistic it actually is.