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Event Brief

Trump threatens economic punishment for any country aiding Iran

U.S. President Donald Trump said he is launching a major campaign to target Iran’s economy, warning that “tremendous” punishment would be imposed on any country that helps or does business with Iran. The remarks come as the war nears its sixth month and the Strait of Hormuz remains significantly choked off.
WHO: Donald Trump
WHAT: Trump threatened “tremendous” economic punishment on any country that helps or does business with Iran and announced a major campaign to target Iran’s economy.
WHEN: Aug 19, 2026
WHERE: USA
WHY: Trump made the threat as part of an intensified campaign to pressure Iran’s economy amid the ongoing war and continued constraints on the Strait of Hormuz.

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