Trump Iran Sanctions

Trump Administration Announces New Iran Sanctions

The Trump administration announced new Iran sanctions, with Treasury Secretary Scott Bessent making the announcement Monday. President Trump has framed the move as an "Economic D-Day" aimed at breaking the stalemate with Iran and stepping up financial pressure to end the six-month war. Questions remain over how the sanctions will be implemented, and decades of prior sanctions have done little to change Iran's behavior. Canada is separately set to announce retaliatory tariffs against the U.S.