Iran dismisses US economic threats

Iranian Foreign Minister Abbas Araghchi rejected US economic threats, warning that sanctions and isolation would increase hostility among Iranians and fail to achieve their goals. His remarks followed President Donald Trump’s threat of unprecedented economic measures and Treasury Secretary Scott Bessent’s warning of secondary sanctions

Dubai: Iranian Foreign Minister Abbas Araghchi has rejected the economic threats made against his country, saying that such “failed policies” will stir more hostility among Iranians and “bring more failures”.

Araghchi’s comments came a few hours after Trump threatened “crushing economic measures” against Iran on Thursday.

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The US president promised “Economic Warfare and Isolation on an unprecedented scale,” but provided few details.

In a social media post, Araghchi maintained that the threats aim to divert the attention of the American public from domestic financial problems, saying that US “economic terrorism threatens the global economy and the national sovereignty of countries around the world”.

US Treasury Secretary Scott Bessent said Thursday that Iran will face the “greatest coordinated economic isolation in the history of the world”.

In a CNBC interview, Bessent threatened secondary sanctions on nations and companies that conduct business with Iran, saying it’s time for US allies to make a decision on where they stand.