News

Trump Says the U.S. Is Not Talking With Iran as Economic War in Focus

Trump Says the U.S. Is Not Talking With Iran as Economic War in Focus


WASHINGTON, Aug 27 (Reuters) – President Donald Trump said ⁠on ⁠Thursday that the United States ⁠is not talking with Iran as Washington focuses on punishing ​Tehran economically, vowing to penalize countries that do business with the Islamic Republic.

“We don’t want ‌to speak to them. We’re ‌not looking to meet or anything,” Trump told reporters in the Oval Office.

Earlier ⁠in ⁠the day, White House Press Secretary Karoline Leavitt said the U.S. ​economic campaign would continue until Iran decides to negotiate meaningfully.

“Now we have Operation Economic Outcast to destroy their economy,”  Leavitt told the “Fox & Friends” program. “No negotiations are happening right now, ​and this will continue until the president feels that maybe they come to ⁠the ⁠table in a meaningful way … ⁠He ​of course continues to retain all options on the table.”

U.S. Treasury Secretary Scott Bessent ​warned countries on Monday ⁠to cut their financial ties with Iran or face secondary sanctions as part of what had been billed as “Economic D-Day,” but the Treasury Department stopped short of actually imposing penalties.

When asked on Thursday if he would punish Russia for continuing ⁠to do business with Iran, Trump responded: “It depends. So far, I think ⁠Russia’s behaved quite well, having to do with the Strait of Hormuz, and you have to understand: for everything they do, we do also. You know, somebody was saying about China. What about China? We hear they’re spying. We spy on them too.”

Then when asked if he would sanction Chinese banks for doing business with Iran, Trump said: “Who said I’m not? You don’t know if I’m doing it … I don’t have ⁠to announce everything, do I?”

Qatar’s prime minister visited Tehran on Thursday in a bid to relaunch diplomacy after the U.S. and Iran traded recriminations over Washington’s promise to increase economic pressure, a move one Iranian official ​described as “all-out economic war.”

(Reporting by Susan Heavey, Ryan Patrick Jones and ​Katharine Jackson; editing by Michelle Nichols)

Copyright 2026 Thomson Reuters.



Source link

Filed under: News

Selected by

Avatar photo

Im a doctor in training and I believe in a secular world