US to Press Allies to Join Iran Isolation Drive, Bessent Says
Summary
- US Treasury Secretary Scott Bessent said he will strongly press allies to join the economic pressure campaign against Iran.
- Bessent said the Iranian regime would be brought down through what he called the most coordinated economic isolation campaign in world history.
- Trump said the US would launch an unprecedented economic isolation campaign against Iran and called on third countries to cooperate.
Forecast Trend Report by Period
US Treasury Secretary Scott Bessent said Washington will strongly press allies to join its economic pressure campaign against Iran.
In an interview with CNBC on Aug. 20, Bessent said the effort would be "the most coordinated economic isolation" campaign in world history. He added that the US would tell allies they must choose whether they are with Washington or against it.
Bessent said he would hold a press conference on Aug. 24 to unveil details of the plan to increase economic pressure on Iran. He said the campaign would bring down the Iranian regime.
He also said the maximum-pressure economic campaign reduces the likelihood of large-scale military action. "I would emphasize that, for now, that is the case," Bessent said.
President Donald Trump said on Aug. 19 that the US would launch an unprecedented economic isolation campaign against Iran and called on third countries to cooperate.
Noh Jung-dong, Hankyung.com reporter dong2@hankyung.com
Korea Economic Daily
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