i was neutral on the election that gave us this big mouth. since then i've been reducing his status in my estimates. he has since then firmly established his legacy in ruins and we still get two more years of this foolishness;
Donald Trump has issued another economic threat against Iran, vowing “TREMENDOUS Economic Consequences” for any country that trades with Tehran.
In a rant on Truth Social, he wrote: “This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat.”
Tehran’s foreign minister Abbas Araghchi said that the threats would only bring Trump “further defeat” as he struggles to find an exit strategy from an unpopular war.
“The so-called ‘Economic D-Day’ is a diversion from America’s own crisis: unprecedented debt & surging interest costs,” he wrote in a post on X on Thursday, alongside screenshots of news headlines and graphs about America’s economic troubles.
“Doubling down on failed policies will only bring further defeat—and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide.”
What kind of sanctions could Trump impose?
The US had agreed to lift sanctions on sales of Iranian oil for the duration of a 60-day ceasefire that expired on Monday, but these were reimposed after the deal collapsed amid disagreement over the Strait of Hormuz last month..........more..........
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