Iranian Foreign Minister Seyed Abbas Araghchi on Thursday slammed US President Donald Trump's announcement of further sanctions on Iran and said the move would result in a bigger defeat for the US and the enmity of Iran.
In a post on X, Araghchi said a heralded "Economic D-Day" for Iran was an attempt to divert attention from US debt and rising interest costs, while new economic sanctions would threaten the global economy.
"The so-called "Economic D-Day" is a diversion from America's own crisis: unprecedented debt & surging interest costs," Araghchi said.
"Doubling down on failed policies will only bring further defeat-and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide," his tweet said.
In a Truth Social post on Thursday, US President Donald Trump said that he was announcing the "most crushing economic operation ever" against Tehran, along with "tremendous" consequences for any country that continues to do business with Iran.
"I am announcing the most crushing economic operation ever taken against any country! This will be economic warfare and isolation on an unprecedented scale," Trump said in his post.
"This will be an Economic D-Day, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat," he said.
Trump said that any country enabling "any type of lifeline to Iran", including support to its financial institutions, businesses, airports or government would also face "tremendous economic consequences".
"It all needs to stop now. You know who you are," he said in reference to such countries.
This comes following Trump's earlier statement that there were no ongoing or scheduled negotiations with Tehran, while the US maintans its naval blockade against the country, preventing it from shipping its crude oil.