Unfortunately, Prime Minister Carney rose to power on an anti-American, anti-Trump platform. I believe he was more than 20 points behind, and you know he seems to have gone back to his old playbook.
Scott Bessent
The Public Record
U.S. Secretary of the Treasury in the Trump administration; hedge-fund manager and founder of Key Square Group.
Any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.
Those who stand with the United States will reap the rewards of our partnership. Those who tether themselves to the Iranian regime should expect to share in the isolation of a withering regime.
No one is above this. This is economic asphyxiation of this regime … and no one should test our resolve.
Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.
He vowed that this would be the 'greatest coordinated economic isolation in the history of the world.'
If you insist on doing business with them—either transferring money, buying oil, doing seaborne ship transport—then the US Treasury and the US government, they will put its full might and force towards enforcing against you.
We want to make clear here today that no one is above the reach of U.S. sanctions.
Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.
We are now entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary.
This is going to be the greatest coordinated economic isolation in the history of the world, and we are going to them and saying, you are either with us or against us.