U.S. Treasury Secretary plans to impose additional sanctions on Iran, ``the toughest sanctions in history''

[Washington Current Affairs] In an interview on CNBC television on the 20th, U.S. Treasury Secretary Bessent announced that he would hold a press conference on the 24th and announce details of additional sanctions against Iran. He vowed to work with allies to impose "the toughest sanctions in history" to isolate Iran economically.

Trump launches ``economic war'' against Iran, with heavy costs for trading countries

Besent stressed that the imposition of additional sanctions in addition to the current naval blockade of Iranian ports by the United States "will cause the (Iranian) regime to collapse." He signaled that he would not hesitate to impose sanctions on countries that continue economic transactions such as oil purchases from Iran, and urged allies and others to decide whether to be with us or against us.

He also mentioned that China, which has deep economic ties with Iran, imports large amounts of energy from Middle Eastern countries. He sent a wave of encouragement to China, saying that if he supported the sanctions, ``we would reap the benefits.''

On the other hand, he said that if additional sanctions were imposed, "there would probably not be a resumption of large-scale military operations." The United States has made clear its policy of cornering Iran through economic pressure rather than military attacks.