Trump Administration Vows to Cut All Economic Resources to Iran

The Trump administration announced Monday it will intensify economic pressure on Iran with new sanctions targeting strategic sectors, threatening countries that refuse to comply with isolation from the US financial system. Treasury Secretary Scott Bessent presented the measures as forcing Iran to choose between "total isolation" or "a return to normalcy." The sanctions cover gold, technology, digital assets, aviation, and maritime shipping, with warnings that non-compliant nations will "share Iran's isolation." Iran called the sanctions an "admission of defeat" and promised consequences for participating countries, claiming a two-year plan to counter US measures. China, a key Iranian partner, criticized the offensive, while Trump asserted Iran is "completely collapsing."