Trump Threatens ‘Economic D-Day’ for Iran as War Enters Sixth Month - 20/08

US President Donald Trump has announced what he describes as a major new campaign targeting Iran’s economy, threatening “tremendous” consequences for any country that continues to do business with the Islamic Republic.The move comes as the war approaches its sixth month, with the Strait of Hormuz still significantly disrupted and no immediate diplomatic or military resolution in sight.President Trump says the new measures will amount to an unprecedented level of economic warfare and isolation, targeting activities including oil smuggling, cash transfers and the use of front companies.His announcement also comes as the war faces renewed scrutiny in the US over its impact on consumers and the cost to the military.Law lecturer at the University of Galway and political columnist with The Journal, Larry Donnelly, joined us on The Agenda this morning to discuss the latest developments. Hosted on Acast. See acast.com/privacy for more information.