U.S. Treasury Secretary Scott Bessent will announce sanctions against Iran on Monday, describing them as the greatest campaign of coordinated economic isolation in the history of the world. The Trump administration is demanding that U.S. allies and the rest of the world stop doing business with Iran, warning it will use its full might against any non-complying nations. President Donald Trump has threatened the most crushing economic operation ever taken against any country, calling it economic warfare and isolation on an unprecedented scale. Iran’s Islamic Revolutionary Guard Corps (IRGC) dismissed the threats, saying Iran has ways to counter the effects of the enemy’s war and can easily maintain economic relations with other countries. The IRGC stated that Trump’s economic war announcement amounts to an implicit admission of the enemy’s humiliating defeat in the military arena.
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