Iran has warned US President Donald Trump that his newly announced economic campaign against Tehran could result in another setback for Washington rather than forcing Iran to surrender.
Iranian Foreign Minister Abbas Araghchi made the remarks on Thursday after Trump announced what he described as an unprecedented campaign of “economic warfare and isolation” against Iran.
Trump called the campaign “Economic D-Day” and said the United States would seek to cut off financial and commercial channels supporting Iran. He also warned countries that provide Tehran with an economic lifeline that they could face severe economic consequences.
Reacting to the announcement, Araghchi dismissed Trump’s campaign as a distraction from what he described as America’s own economic problems, particularly the country’s rising debt and interest costs.
He argued that intensifying pressure on Iran would not achieve Washington’s objectives, warning that doubling down on what he described as failed policies would bring further defeat and increase anti-American sentiment among Iranians.
Araghchi also accused Washington of pursuing what he called “economic terrorism”, saying the use of economic pressure against Iran could have consequences for the wider global economy and the sovereignty of other countries.
Iranian Deputy Foreign Minister Kazem Gharibabadi similarly criticised the US strategy, arguing that Washington had turned to economic warfare after failing to achieve its objectives through military action.
Gharibabadi said US officials claimed Iran was close to defeat while simultaneously seeking support from allies, describing this as evidence of what he called repeated miscalculations by Washington.
Trump’s announcement followed the failure of the two countries to reach a new agreement. The US president said Washington would target activities including oil smuggling, financial transfers, exchange houses and other channels that could provide Iran with access to international commerce.
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