Treasury Secretary Bessent Leads Economic War Against Iran
This marks a significant escalation in what are being termed 'Economic Fury' measures, designed to achieve unprecedented economic isolation of Iran.
These new measures follow an ongoing blockade of the Strait of Hormuz, indicating a multi-pronged approach to pressure the Iranian regime. Bannon linked these aggressive economic actions to a broader historical pattern of applying economic pressure as a foreign policy tool.
The administration's objective is to completely cut off the Chinese Communist Party's technological growth, specifically targeting the destruction of their AI ecosystem. This strategic goal underscores a deep-seated commitment to containing perceived threats from China through economic means.


