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USA plan hard trade war against Iran

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The USA want to isolate Iran. Iran shall not trade any more. US President Donald Trump calls this a trade war. The plan has the name economic outcast.

The USA want to stop important income. This includes trade with oil and gold. Also tech and flight traffic are affected. This hits mainly the revolution guards in Iran. This group has much power there.

Finance Minister Scott Bessent threatens other states too. Who helps Iran gets trouble. These countries maybe may not pay with US dollar any more. This is very important for world trade.

The USA punish now 60 persons and firms. They shall have helped Iran secretly. Iran reacts angry to the threats. Trade Minister Ali Madanizadeh speaks of terror. He threatens the USA with an attack.

Experts are unsure. They do not know if the punishments help. Many countries like China buy further oil in Iran. Pakistan tries just to mediate between the countries. There shall be no real war.

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Definitions

World trade
World trade describes all trade links between the countries on earth. This includes trade with goods and money.
Revolution guards
The revolution guards are a very strong group in the army from Iran. They guard the political order in the country and own many firms.
Punishment
A punishment is a penalty. Countries use punishments to force another country to change its behavior.

People

Scott Bessent
Scott Bessent is the finance minister of the USA. He is responsible for the money and the trade punishments against other countries.
Donald Trump
Donald Trump is the president of the United States of America.
Ali Madanizadeh
Ali Madanizadeh is the trade minister in Iran.

Locations

Iran
Iran is a country in West Asia.
USA
The USA are a big country in North America.
China
China is a very big country in East Asia with much power in trade.

Sources

Logo Die Presse
Die Presse

Operation „Economic Outcast“: Iran droht den USA wegen neuer Sanktionen mit Vergeltung

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Logo SRF
SRF

«Wirtschaftskrieg» gegen Iran - USA wollen Iran wirtschaftlich isolieren – eine Übersicht

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Logo FAZ
FAZ

USA drohen Irans Handelspartnern mit Sanktionen

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Logo Kurier
Kurier

Neue Sanktionen: USA wollen Iran von der Weltwirtschaft isolieren

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