Iran's parliamentary speaker called Trump's threat of an "economic D-Day" evidence that Washington has failed to defeat Iran militarily and is resorting to economic warfare instead. Iranian officials dismissed the sanctions threats as "economic terrorism," arguing years of prior sanctions have already proven ineffective. Meanwhile, Trump's diplomatic efforts remain stalled after peace talks collapsed, with Treasury Secretary Bessent warning of unprecedented global economic isolation targeting countries like China that continue trading with Iran.
Original Article Source Link:
https://www.npr.org/2026/08/21/nx-s1-5940610/iran-us-threat-economic-warfare