Treasury Secretary Scott Bessent told Newsmax on Thursday that the Trump administration will announce new measures against Iran next week that he said will take the economic isolation of the country to an unprecedented level.
"And watch this space for more announcements coming next week because we are going to apply measures like have never been seen in the history of the economic isolation of a country," Bessent told "Rob Schmitt Tonight."
Bessent said the administration is escalating a financial campaign that began after President Donald Trump ordered the restoration of "maximum pressure" against Tehran last year and intensified after the start of U.S. military operations against Iran in February.
Source:
https://www.newsmax.com/newsmax-tv/scott-bessent-iran-economic/2026/08/13/id/1266059/