‘Economic D-Day’: Trump threatens ‘tremendous consequences’ for ‘any country’ helping Iran

US President Donald Trump said Wednesday he was launching a major new campaign to target Iran's economy, threatening "tremendous" punishment on any country that helps or does business with the Islamic republic.

The intensified economic pressure campaign comes as the war nears its sixth month with no immediate diplomatic or military off-ramp in sight and the vital Strait of Hormuz still significantly choked-off.

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