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US demands allies and China back economic war against Iran
๐Ÿ‡ต๐Ÿ‡ฆ Panama /Economy & Trade

US demands allies and China back economic war against Iran

From TVN Panamรก · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • The U.S. is demanding allies and China join a new economic campaign to isolate Iran and pressure its government.
  • Treasury Secretary Scott Bessent stated the U.S. is shifting from military to economic pressure, aiming for "economic isolation on a scale never seen before."
  • Iran accused the U.S. of "economic terrorism" and "crimes against humanity" in response to the sanctions.

The United States is escalating its economic pressure on Iran, demanding that allies and even China join a new campaign to isolate Tehran and force its government's collapse. Treasury Secretary Scott Bessent declared the U.S. is moving from military to economic tactics, aiming for "economic isolation on a scale never seen before."

It's going to work in Iran and it's going to cause the regime to collapse.

โ€” Scott BessentDescribing the expected outcome of the U.S. economic campaign against Iran.

Bessent issued a stark warning to allies, stating they are "with us or against us." While acknowledging that discussions with China might be private, he urged Beijing to "join the plan." This economic offensive is seen as an alternative to large-scale military operations, though Bessent cautioned that this stance is "for now."

It's going to be the largest coordinated economic isolation operation in the history of the world.

โ€” Scott BessentHighlighting the unprecedented scale of the planned economic sanctions.

President Donald Trump announced the "crushing" economic operation, threatening severe consequences for any country or entity providing a lifeline to Iran. In response, Iran's Foreign Ministry condemned the U.S. sanctions as "economic terrorism" and "crimes against humanity," vowing that those responsible "deserve to be judged and punished."

They are with us or against us.

โ€” Scott BessentIssuing a warning to U.S. allies regarding their participation in the Iran sanctions.

As the conflict in the Middle East stagnates, Trump appears to be employing this unprecedented economic warfare to corner Tehran. However, Iran remains defiant, dismissing the U.S. strategy as a "failed policy" and an attempt to distract from domestic crises. The Iranian foreign minister suggested the U.S. plan aims to "distract from its own crisis."

many conversations are better had in private, but he urged Beijing to 'join the plan.'

โ€” Scott BessentRegarding the U.S. approach to engaging China on the Iran sanctions.
DistantNews Editorial

Originally published by TVN Panamรก in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.