Trump’s Toothless Economic Offensive Mocked as a ‘Joke’

The Trump administration promised an economic “D-Day” for Iran—only to deliver a sanctions rollout that critics immediately mocked as anything but.

As the conflict in the Middle East drags on, Treasury Secretary Scott Bessent unveiled a new package on Monday seeking to completely isolate Iran from the global financial system with a sweeping wave of sanctions against the country and “enablers” tied to its oil, shipping, banking and weapons network.

U.S. Treasury Secretary Scott Bessent speaks during a press conference to outline further sanctions against Iran, at the Treasury Department in Washington, D.C., U.S., August 24, 2026. REUTERS/Evelyn Hockstein / Evelyn Hockstein / REUTERS

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