US treasury secretary announces ‘unprecedented campaign’ of sanctions against Iran – live

Scott Bessent says Treasury is launching ‘economic onslaught against Iran’s financial connections’ as Tehran vows to retaliate against any cooperating countriesIran vows to retaliate against countries that cooperate with fresh US sanctionsSign up for the US Breaking News emailDonald Trump has threatened to increase tariffs on Canadian cars, trucks, auto parts and steel to 50% today, after trade negotiations between Washington and Ottowa broke down last week.On Truth Social, the president blasted Canada, and said the new duties will go into effect on 1 January 2027. “On Trade, and in other ways, also, they are among the worst Nations in