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Treasury Secretary Scott Bessent will hold a news conference outlining the new package of measures. The Trump administration is set to announce on Monday what it is describing as its most comprehensive assault to date on Iran’s economy, unveiling a package of measures that are intended to isolate Iran from the rest of the world. Treasury Secretary Scott Bessent is expected to announce the plan at a news conference on Monday afternoon. The escalation of sanctions pressure comes as negotiations to end the military conflict between the United States and Iran continue to sputter. While the Trump administration has billed the effort as the coming of an economic apocalypse for Iran, it is not clear in practical terms what else the U.S. can actually do to further disrupt Iran’s economy.
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