Bessent warns Iran’s trade partners the ‘US Treasury hammer’ is coming, but admits immediate secondary sanctions could ‘blow up the global financial system,’ as Trump’s promised ‘economic D-Day’ stops short of sweeping action

It turns out Trump’s “D-Day” on Iran is just him begging a bunch of world leaders to stop doing trade with the country.

US Treasury Secretary Scott Bessent has declared an “economic D-Day” against Iran, saying Washington will use its full range of powers to sever Tehrans economic lifelines. Iran…

The Trump administration has expanded its secondary sanctions against entities and countries doing business with Iran, warning them to cut ties with Tehran or risk losing access…

The Trump administration increased its efforts to strangle Iran financially, but the rollout of the new campaign left some economists wishing for more.