Iran's Foreign Minister Abbas Araghchi on Thursday dismissed US President Donald Trump's economic punishment plan for Tehran as a continuation of "failed policies", which he said would bring Washington "further defeat".

Trump announces 'economic D-Day' against Iran, warning of severe sanctions. Iran reconstruction funding in a US-Iran deal in 2026 at 21.5% YES.

The US president says he is launching the ‘most crushing economic operation ever taken against any country’.

Trump warned Iran that “economic D-Day” is coming after he backed away this week from peace talks seeking to resolve the conflict.