Iran's initial response to US economic plan

The Speaker of the Iranian Parliament, Mohammad Bagher Ghalibaf, stated that the United States is unable to impose new restrictions on its relationships with other countries following the American Treasury Secretary's threats to impose sanctions on nations that engage with Iran. In response, Ghalibaf emphasized that Iran's trading partners reject these threats and express no concern about them, and that the United States cannot enforce further economic restrictions. Meanwhile, U.S. Treasury Secretary Steven Mnuchin announced that the Trump administration is working to economically isolate Tehran by urging some countries to comply with specific demands, indicating that the results of these efforts are beginning to appear, although he did not disclose which countries are targeted or potential steps such as sanctions on Chinese banks.

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