U.S. Treasury Secretary Scott Bessent has signaled what he described as the “final stretch” of Washington’s economic campaign against Iran, telling the media that “at dawn, Economic Invasion Day against Iran will begin - the largest financial offensive ever against any adversary.”
Bessent said the objective is to “cut off every economic artery” sustaining Tehran’s government and warned countries considering continued economic ties with Iran that “they would be wise not to underestimate the price of putting the United States to the test.”
The centerpiece of the measures expected to be announced is reportedly a sweeping secondary-sanctions regime that could threaten countries conducting economic trade with Iran with loss of access to U.S. commerce, effectively forcing governments and businesses to choose between economic relations with Iran or the United States.
Bessent said the objective is to “cut off every economic artery” sustaining Tehran’s government and warned countries considering continued economic ties with Iran that “they would be wise not to underestimate the price of putting the United States to the test.”
The centerpiece of the measures expected to be announced is reportedly a sweeping secondary-sanctions regime that could threaten countries conducting economic trade with Iran with loss of access to U.S. commerce, effectively forcing governments and businesses to choose between economic relations with Iran or the United States.