Trump Presses Allies to Cut Iran Ties or Risk US Trade in New Sanctions Drive

3 articles · Updated · Fox News · Aug 22

Trump’s proposed “Economic D-Day” would force countries, banks, shippers and refiners to choose between access to the US market and business with Iran, shifting pressure from Iranian officials to foreign enablers.
The strategy aims to choke off the money Tehran uses for proxy warfare, missiles and nuclear advances by tightening secondary sanctions and threatening penalties for institutions that keep Iranian trade flowing.
The UAE’s suspension of trade and financial transactions with Iran is cast as the model Trump wants allies to follow, closing a key gateway long used for re-exports, finance and sanctions evasion.
China is presented as the biggest test, with Chinese refineries, banks and shipping firms handling Iranian commerce facing possible direct US restrictions if Washington follows through.
The push builds on Trump’s broader economic campaign launched this week after months of war, seeking to isolate Iran financially while avoiding a larger US military intervention.