Iranian FM Araghchi says Trump’s ‘economic D-Day’ will bring ‘further defeat’ to US

Iran's Foreign Minister, Abbas Araghchi, says US President Donald Trump's 'economic D-day' on Iran will only bring 'further defeat' to the US in a post to X/Twiiter on Thursday.“The so-called 'Economic D-Day' is a diversion from America's own crisis: unprecedented debt & surging interest costs,” Araghchi remarked.“Doubling down on failed policies will only bring further defeat - and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide.” He concluded.The so-called “Economic D-Day” is a diversion from America's own crisis: unprecedented debt & surging interest costs. Doubling down on failed policies will only bring further defeat—and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide pic.twitter.com/Qj5SzVBjvX— Seyed Abbas Araghchi (@araghchi) August 20, 2026The statement was made in response to Trump's announcement on Truth Social on Wednesday, declaring that the United States would be launching "the most crushing economic operation ever taken against any country" aimed at Iran."This will be an ECONOMIC D-DAY," Trump stated in the post, adding that the US needed all its allies to aid in isolating Iran.Trump also said that any country which provided aid to Iran would face "TREMENDOUS Economic Consequences.""Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies - It all needs to stop NOW," Trump wrote. "You know who you are."Trump also described Iran as "maniacs" who were "on the ropes.""These HISTORIC MEASURES will cripple them and their ability to project terror worldwide," he stated, adding, "IRAN WILL NEVER HAVE A NUCLEAR WEAPON."Islamic Revolutionary Guard Corps (IRGC) spokesman Hussein Mohabi also responded to Trump's threats on Thursday, stating that Iran will use more destructive weapons if a new war breaks out."The warheads used in Iranian missiles are far more destructive than those used in previous wars. Iran's weapons will be completely different in every respect if another war breaks out," he asserted.Economic pressure over military actionOn Monday, US Special Envoy Jared Kushner stated that Trump was emphasizing economic pressure over military action in Iran, in an interview with FOX News.Kushner stated Trump is focusing on the blockade of Iran which had left the Iranian economy "way worse off now."He also claimed, "Trump doesn't want to rush into a deal," emphasizing that the President will make the right agreement when the time is right and will continue to be "very patient with Iran." Additionally, Kushner mentioned that Trump is taking action to ensure that Iran cannot develop a nuclear weapon. He added, "if Iran is willing to finish the deal that they've been discussing with us to give up their ability to create a nuclear weapon, then obviously he is willing to make a deal."