Trump launches economic D-Day against Iran with global isolation threat

On Wednesday, President Donald Trump declared an unprecedented economic operation against Iran, threatening severe consequences for any country providing a lifeline. The United Arab Emirates suspended all trade with Iran following a missile incident. Treasury Secretary Scott Bessent said he would outline new measures Monday to isolate Iran's economy. Iran's foreign minister dismissed the move as a distraction from U.S. debt problems, while conflicting reports emerged about ongoing negotiations.