Skip linksSkip to Content Live Navigation menuNewsAfricaAsiaUS & CanadaLatin AmericaEuropeAsia PacificMiddle EastExplainedSportOpinionVideoFeaturesEconomyHuman RightsClimate CrisisInvestigationsInteractivesIn PicturesScience & TechnologyPodcastsTravelSponsored Content Live Navigation menuDonald TrumpTrump, Netanyahu and the Iran questionHow Iran war fallout may shape US electionsA visual guide to redistrictingLive updates, Tehran says Washington’s warning of an ‘economic D-Day’ is a diversion from America’s own crisis and threatens the global economy.liveThis video may contain light patterns or images that could trigger seizures or cause discomfort for people with visual sensitivities.Al Jazeera LiveBy Shola Lawal, Edna Mohamed and Enes AbuomerPublished On 21 Aug 2026

US Treasury Secretary Scott Bessent told CNBC that Washington will impose the “toughest sanctions in history” to “collapse” the Iranian government, calling on other nations, including China, to join the effort.

China has criticised the US president’s “economic D-Day” push against Iran, warning that additional sanctions will fail to resolve ongoing disputes.