- US President Donald Trump said Friday Iran wants an agreement with the United States but is not yet prepared to accept terms he considers necessary. They would love to make a deal, but they are not ready to make the right deal, in my opinion, Trump told reporters at Joint Base Andrews. They have 350% inflation, Trump was quoted by Iran International as saying.
- Vice President JD Vance has said the war has entered a phase in which economic pressure is Washington's most effective tool, and Treasury Secretary Scott Bessent said the United States would impose the toughest sanctions in history.
- Iranian Foreign Ministry spokesperson Esmaeil Baghaei says new US sanctions against Iran go far beyond an illegal economic war on a single nation, characterising them as a “declaration of war” against all governments, according to remarks carried by Iran's Fars news agency.
- Iranian Foreign Minister Abbas Araghchi rejected the premise of US pressure, saying Trump's campaign was “bound to fail” like previous rounds, citing past failures.
- China officially pushed back on Trump's threat of an “economic D-Day” against Iran, saying sanctions do not “fit the interest of any party.”
Iran's Foreign Ministry has condemned new U.S. sanctions as a 'declaration of war' against all nations, asserting that these measures extend beyond targeting Iran alone.
Iranian Foreign Minister Abbas Araghchi criticized the U.S. approach, stating, '14 years ago: “Most crippling sanctions in history.” Failed. 8 years ago: “Maximum pressure.” Failed.' He emphasized that the U.S. strategy is bound to fail again, likening it to a recurring theme of 'same bull, different bullies.'4
In contrast, President Donald Trump maintains that Iran is eager for a deal but is not ready to accept the terms he deems necessary. He remarked, 'They have no money. They have no navy. They have no air force.' Trump highlighted Iran's dire economic situation, citing '350% inflation' and the inability to pay its military and police forces.1
Meanwhile, China has pushed back against Trump's threats of sanctions, arguing that such measures do not serve the interests of any party involved.
As tensions escalate, U.S. officials, including Vice President JD Vance and Treasury Secretary Scott Bessent, have indicated that economic pressure is the most effective tool in this ongoing conflict, promising the 'toughest sanctions in history.'2
“Iranian Foreign Minister Abbas Araghchi dismissed the pressure as 'bound to fail,' citing past failed campaigns like 'maximum pressure.' China also pushed back, saying sanctions don't 'fit the interest of any party,' while Treasury Secretary Scott Bessent vowed the 'toughest sanctions in history.'”
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