Trump announces 'economic warfare' against Iran

U.S. President Donald Trump has declared a new phase of "economic warfare" against Iran, citing the country's failure to seize an opportunity for a deal. In a post on his Truth Social platform, Trump stated that no one has offered Iran a better chance to reach an agreement than he has, but the country has not taken it.

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No one has given Iran a greater opportunity to make a deal than me. Tragically, they have failed to seize the opportunity.

Trump described the impending sanctions as the "most devastating economic operation ever directed at any country in the world," promising unprecedented levels of economic warfare and isolation. He asserted that Iran's navy is gone, its air force destroyed, its military factories in ruins, its currency worthless, and its nation hanging by a thread.

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Therefore, I am announcing today the most devastating economic operation ever directed at any country in the world.

The president also warned that any country assisting Iran, whether through financial institutions, businesses, airports, or government bodies, would face enormous economic consequences. He specifically mentioned actions like oil smuggling, money transfers, ship registries, and shell companies, demanding they cease immediately.

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This will be economic warfare and isolation at an unprecedented level.

Trump called for all allies to unite with the U.S. to isolate and combat the "Iran threat," characterizing the Iranian leadership as desperate. He concluded by stating that these historical measures would destroy Iran and its ability to sponsor terror globally, ensuring it never obtains nuclear weapons.

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All of this must end now. You know who you are. This will be an economic D-Day, and we need all our allies to stand with the United States to isolate and combat the Iran threat.