US treasury secretary announces ‘onslaught’ of sanctions to isolate Iran from world economy – live

Scott Bessent says treasury is launching ‘economic onslaught against Iran’s financial connections’ as Tehran vows to retaliate against cooperating countries Sign up for the US Breaking News email Donald Trump has threatened to increase tariffs on Canadian cars, trucks, auto parts and steel to 50% today, after trade n

Bessent told CNBC that the sanctions will be the "toughest" in history.