US threatens countries doing business with Iran, but holds off on penalties for now

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Source: The Korea Herald
Published: 2026-08-25 15:00 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, World News, US Politics, Business & Economy
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Snippet:
WASHINGTON (Reuters) -- US President Donald Trump's administration on Monday warned countries to cut their business ties with Iran or face secondary sanctions as part of what it billed as an "economic D-Day," but the Treasury Department stopped short of actually imposing penalties.
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