Trump Targets Iran's Economic Lifelines with Secondary Sanctions

Trump Targets Iran's Economic Lifelines with Secondary Sanctions

On August 24, 2026, the Trump administration imposed secondary sanctions on five Iranian economic channels: digital assets, technology, gold, aviation, and shipping. Unlike primary sanctions, secondary sanctions penalize foreign entities for trading with Iran. The move follows Trump's August 20 warning of "tremendous economic consequences" for any nation doing business with Tehran.

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