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Trump says the U.S. will hit Iran 'hard economically' after Bessent vows unprecedented measures

Mountain Time
Local time
3:44 PM in New York
Where
Washington, D.C., United States

Trump told Fox News the United States would hit Iran hard economically. The night before, Treasury Secretary Scott Bessent told Newsmax to 'watch this space for more announcements coming next week' and promised 'economic isolation like the world has never seen before' combined with the naval blockade.

Why it matters

Days earlier Bessent had said a Hormuz deal could come within 24 hours; the administration was now betting on economic pressure while talks stalled.

Sources (5)

Confidence: Stated by a named government, military, or institution. Not independently confirmed. About confidence labels

Correction

  • Corrected the headline (it read "Trump Vows US Will Hit Iran 'Hard Economically' as Talks Stall"); revised the summary; revised the context note; reclassified it from diplomatic-statement to military-statement; updated the sourcing note; added 4 sources: The Times of Israel, Al Jazeera, CNN, CBS News. Why and evidence