Archive · 24 Aug 2026
Trump Prepares New Iran Sanctions as Tehran Vows Retaliation
The United States plans to announce new sanctions against Iran.
Sanctions are rules meant to make it harder for a country to use money and trade.
President Trump said Iran is “completely collapsing.”
He wants the financial pressure to help force Iran to give in during the war.
Treasury Secretary Scott Bessent called the plan a very large financial attack.
Iran says it has already survived many years of sanctions.
Iranian spokesman Esmaeil Baghaei said the new measures would not make Iran surrender.
He warned that Iran could respond against the United States and countries cooperating with it.
President Donald Trump said Iran is “completely collapsing” ahead of new U.S. sanctions.
The U.S. Treasury is expected to announce measures targeting Iran’s economy.
Trump described the sanctions strategy as an “economic D-Day” against Iran.
Treasury Secretary Scott Bessent called the effort the greatest financial offensive against an adversary.
Iranian spokesman Esmaeil Baghaei said Tehran would respond and dismissed the likely impact of the sanctions.
- Who
- President Donald Trump, the United States Treasury, and Iranian Foreign Ministry spokesman Esmaeil Baghaei.
- What
- The United States is preparing new economic sanctions against Iran, while Iran is threatening a response and disputing their likely effect.
- When
- Monday, before the U.S. Treasury was expected to unveil the sanctions.
- Where
- The measures target Iran, with the dispute involving the United States and Iran.
- Why
- The Trump administration says the sanctions are intended to squeeze Iran’s economy and force it to capitulate in the war; Iran says previous pressure campaigns failed.
U.S. Administration
Iranian Government
Effect of sanctions
U.S. Administration
The Trump administration presents the sanctions as an exceptionally powerful financial campaign that could force Iran to capitulate.
Iranian Government
Iran says it has withstood decades of economic punishment and that previous U.S. pressure efforts failed.
Response to escalation
U.S. Administration
The United States is shifting from military strikes and threats toward sanctions-based financial pressure.
Iranian Government
Iran warns that further escalation will have consequences and says it may take measures against countries cooperating with Washington.
Reason for the measures
U.S. Administration
The Trump administration says sanctions are needed to squeeze Iran’s economy after military pressure and force it to give in during the war.
Iranian Government
Baghaei says the sanctions reflect a U.S. miscalculation that military aggression could bring Iranians to their knees.
- U.S. action
- The U.S. Treasury is preparing to announce a new tranche of sanctions against Iran.
- Trump’s statement
- Trump wrote on Truth Social that “IRAN IS COMPLETELY COLLAPSING!!!”
- Stated strategy
- Trump described the sanctions campaign as an “economic D-Day” intended to pressure Iran financially.
- Treasury assessment
- Scott Bessent called the measures “the single greatest financial offensive ever marshalled against an adversary.”
- Iranian response
- Esmaeil Baghaei said Iran would respond harshly and that “our hands are not tied.”
- Iranian assessment
- Baghaei said earlier U.S. pressure attempts had failed and downplayed the new sanctions’ potential impact.