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Trump warns Iran of 'Economic D-Day' and threatens 'tremendous' consequences for its backers

8/20/2026

Economic sanctions are the financial equivalent of a siege: a government cuts off a target country's access to trade, banking, and global markets to force a policy change.

The Trump administration is threatening to take that pressure against Iran to an extreme it labeled "Economic D-Day," and has warned of "tremendous" consequences for any nation or entity that continues to support Tehran.

The announcement extends Operation Economic Fury, the administration's pressure campaign against Iran running since April.

"Economic D-Day" carries the implication of a major escalation rather than another incremental tightening.

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