Key facts
- President Donald Trump announced the U.S. is launching an unprecedented economic warfare operation against Iran.
- The operation is a response to Iran failing to make a deal.
- Trump warned that any country supporting Iran would face severe economic consequences.
- He described the action as 'Economic Warfare and Isolation on an unprecedented scale'.
- Trump stated that Iran will never possess a nuclear weapon.
President Donald Trump announced that the U.S. is launching an "unprecedented" economic warfare operation against Iran, citing the country's failure to reach a deal. Trump also issued a stern warning, stating that any nation found to be supporting Iran would face similar punitive measures, which he described as 'economic warfare'. He characterized the action as an 'Economic D-Day' aimed at isolating and defeating the Iranian threat, asserting that Iran will never acquire a nuclear weapon. The announcement signals a significant escalation in economic pressure on Iran.