Iran collapsing:Trump after new economic onslaught,Tehran rejects

Iranian officials have dismissed Washington’s “Economic D-Day” as another failed attempt to cripple the country, but analysts inside Iran warn that an economy weakened by war may be far less capable of absorbing the latest US pressure campaign. US Treasury Secretary Scott Bessent has described the campaign as the “endgame,” while Iran’s Central Bank Governor Abdolnasser Hemmati insisted it would have “no impact on Iran.” Other senior officials have warned regional and European states against helping Washington enforce its measures.
President Donald Trump says Iran is “collapsing.” The move comes as the two countries remain stuck without a wider peace deal, while separate talks over the Strait of Hormuz continue. Treasury Secretary Scott Bessent called the sanctions the biggest financial attack ever against an enemy.Bessent said Monday that the US will impose tough sanctions on countries and entities that continue to do business with Iran. The aim is to put more pressure on Iran’s government and force it to change course without immediately launching another military campaign. The plan has been described as an “economic D-Day”, as reported by Axios. Bessent said there should be no confusion about the US position. He warned that anyone involved in economic activity with the Iranian government could face the full power of US sanctions. 
He said the US would not set a timeline but warned that Washington does not have “infinite patience.” He also said “no one is above this” when asked whether China would be included. Bessent described the campaign as “economic asphyxiation” of the Iranian government and warned countries not to test US resolve. The Trump administration could also face pressure to confront countries that continue trading with Iran. These include China, Russia, India, Pakistan, Qatar and Turkey, among others.
Houthi Deputy Foreign Minister Abdulwahid Abu Ras warned regional countries Monday against taking part in implementing US sanctions on Iran, the Houthi-run Saba news agency reported. Abu Ras said the sanctions were part of what he described as a “psychological war” against the Iranian people and had been adopted after what he called the failure of the military option. He said countries in the region should not become “tools” for enforcing what he described as unjust US measures against Iran.