Trump: Iran 'completely collapsing' as Treasury Sec. warns of 'economic D-Day' for regime

U.S. President Donald Trump asserted on Monday that Iran is "completely collapsing," posting his assessment on Truth Social. This statement coincides with the U.S. Treasury's plan to broaden the scope of secondary sanctions applicable to entities and nations maintaining business ties with Iran.

A source familiar with the plans told Reuters that the Trump administration is intensifying economic pressure on Tehran. The expanded sanctions are intended as a final warning to countries to sever business ties with Iran. The goal is to compel an end to the nearly six-month conflict that has disrupted Strait of Hormuz passage and Gulf energy exports.

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Iran 'completely collapsing'

U.S. Treasury Secretary Scott Bessent is reportedly set to provide a comprehensive overview of the economic pressure campaign, which Trump and Bessent have termed an "economic D-Day." The administration intends to make it clear that countries must choose to side with the U.S. or risk having their key companies and entities cut off from the dollar-based financial system.

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economic D-Day