Treasury Secretary Scott Bessent is expected to unveil new economic pressure measures on Iran today as President Trump pushes an “Economic D-Day” aimed at cutting off any country that still provides Tehran a lifeline.
Iran is vowing to neutralize the United States' economic war and warning neighbors not to get involved, cautioning it could stop oil from leaving the region altogether.
Trade tensions with Canada boiled over this weekend after the U.S. imposed a new 50% tariff when talks broke down, prompting Ottawa to threaten retaliation.
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Today’s episode of Up First was edited by Anna Yukhananov, Tina Kraja, Emily Kopp, Mohamad ElBardicy and Taylor Haney.
It was produced by Julie Depenbrock and Nia Dumas.
Our director is Milton Guevara.
We get engineering support from Neisha Heinis. Our technical director is Carleigh Strange.
(0:00) Introduction
(02:02) New Economic Pressure on Iran
(05:36) Iran Warns Neighbors
(09:13) Tariff War With Canada
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