D-Day, the counteroffensive that turned the course of the Second World War, was the culmination of years of painful, methodical planning by a coalition of more than a dozen nations – involving sophisticated contingency planning, decoys to throw off the Nazis, and careful logistics to make sure the landing of more than 150,000 troops onto hostile beaches was a success.
Donald Trump’s latest plan to beat Iran – dubbed by his Treasury Secretary Scott Bessent as an “economic D-Day” – is … not that. Rather, it looks like a haphazard collection of sanctions, thrown together at short notice, which could be largely shrugged off by the USA’s adversaries.
Sanctions – policies which ban companies from selling goods and services to anyone connected to the targeted nation – can devastate a country’s economy, to the point of driving it into blackouts or even starvation.
US sanctions are particularly devastating to those targeted because of America’s control over the global financial system – it has the ability to essentially ban financial institutions across the world from dealing with particular nations, cutting them off almost entirely from banking at a stroke.
So the threat of the US deploying a massive package of sanctions against you would be a terrifying one for most countries – and would be likely to bring almost any world leader to the negotiating table, even as they tried to push back through allies and other diplomatic channels.
But it is hard to terrify an opposing regime with sanctions when you have been bombing them for months. In the opening days of Trump’s war on Iran, he assassinated almost every senior leader the regime had. He has spent the months threatening to obliterate the country’s infrastructure on almost a daily basis.
Sanctions are generally a tool world leaders use before threatening war, not after they have already launched missiles. With his “economic D-Day”, Trump is doing everything in the wrong order – and so shouldn’t be surprised his sanctions threats are being met with Iranian shrugs, rather than a panicked dash to the negotiation table.
What’s more, there’s not really any trade for the US to threaten: Iran is already cut off from the global financial system, and hasn’t meaningfully traded goods or services with the US or any of its allies for decades.
A billboard bearing the slogan ‘Great Victory’ in Persian and English is seen displayed at Rah Ahen Square in Tehran, Iran, on Tuesday (Photo: Fatemeh Bahrami/Anadolu via Getty Images)The USA has had sweeping sanctions against Iran for decades, after the Islamist revolution in 1979. These were, for a time, relaxed as part of President Obama’s deal to stop Iran’s nuclear enrichment in exchange for opening up trade – but Trump scrapped this deal and reintroduced the tightest of sanctions against Iran.
Bessent is certainly sounding pretty threatening: he is not only promising to launch “the single greatest financial offensive ever” against Iran, one that will “block every potential source of revenue”, and promising to target any nation that continues to trade with Iran against the USA’s wishes.
This would be enough to devastate the economy of almost any world nation. But Bessent is threatening Iran with its status quo from before this latest war.
Where the US is trying to insist that this new threat is serious is Iran’s allies. Anyone who continues to do business with Iran, they warn, will face the same kinds of US sanctions as Iran itself. This has had some, limited, success already: the UAE has promised to cut off trade with Iran.
But Iran’s main trading partners are Russia and China, and for different reasons, both of these nations are a different story. Since its invasion of Ukraine in 2022, Russia is already a pariah state, sanctioned to the hilt by most Western nations. Given Trump’s complicated relationship with Putin, and his desire to secure a peace deal between Russia and Ukraine, the idea of serious economic escalation between Russia and the USA seems a remote one.
China is a different matter. Trump has enjoyed rattling the sabre against China during his presidency, but has gone notably quiet on that front during his second term. The US economy is reliant on cheap Chinese imports to keep ticking over – any trade war with China would mean huge economic disruption, and surging inflation.
No one believes Trump would start a trade war with China just months before crucial midterm elections that could see the Democrats take control of both chambers of Congress – especially since if Democrats controlled both the House and the Senate, they could block his judicial appointments and launch endless investigations against his conduct.
In truth, Trump has never been further from a win in Iran, and his “economic D-day” is set to be another embarrassing bust.
Hence then, the article about trump s economic d day will be another embarrassing bust was published today ( ) and is available on inews ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Trump’s ‘economic D-day’ will be another embarrassing bust )
Also on site :
- WWE RAW (August 31, 2026) - Roman Reigns to appear; Raquel Rodriguez vs Sol Ruca & more set for next week
- Walmart’s ‘Rustic and Elegant’ 16-Piece Stoneware Dinnerware Set Brings Coastal Farmhouse Charm to Your Table
- 1966 Hit, Ranked the Second ‘Greatest Garage Rock Song of All Time,’ Was Written by a 15-Year-Old Buddy Holly Fan