President Donald Trump on Wednesday announced what he called the “most crushing economic operation ever taken against any country,” warning that nations, financial institutions, and businesses that help Iran could face severe economic consequences. “I AM ANNOUNCING THE MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY,” Trump said in a Truth Social post, according to Reuters. Trump said the effort would amount to an “ECONOMIC D-DAY” and warned countries against providing Iran with a financial lifeline.
“I am also announcing that any country that allows its financial institutions, businesses, etc. to provide any lifeline to Iran will itself face TREMENDOUS Economic Consequences,” Trump said, according to Reuters. Trump did not immediately provide details about the measures he was announcing. The administration said it was prepared to intensify its economic pressure campaign against Tehran. Newsmax reported on Wednesday, citing CNN, that Trump was moving away from seeking a quick resolution to the war and toward a more deliberate strategy of sustained economic pressure on Iran.
