Trump unveils 'unprecedented' financial siege against Tehran ...Iraq

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US President Donald Trump on Thursday launched a newpush to isolate Iran economically, threatening countries and companies thatmaintain financial or commercial ties with Tehran with “severe economicconsequences.”

“This will be Economic Warfare and Isolation on anunprecedented scale,” he wrote, portraying Iran as severely weakened aftermonths of conflict, with its navy disappearing, its air force destroyed and itsmilitary factories reduced to rubble.

Axios, citing US officials, previously reported thatWashington was preparing new economic measures against Iran as it seeks toincrease pressure on Tehran and bring it back to the negotiating table.

The two countries signed an interim memorandum on June17 aimed at ending nearly six months of war and paving the way for a broaderagreement. The 60-day negotiating period set by the United States expired onMonday without a permanent settlement, while Trump indicated that no talks withIran were underway or scheduled.

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