Trump Claims Iran Not Ready For "Right Deal" After Economic D-Day Threat

US President Donald Trump claimed Iran was not ready to make the right deal after promising "Economic Warfare and Isolation on an unprecedented scale" on Tehran.

Iranian foreign ministry spokesperson Esmaeil Baghaei on Saturday called the imminent US announcement of new economic sanctions economic terrorism. Baghaei stated such secondary sanctions find no foundation in international law and are an assertion of extraterritorial sovereignty over every independent member state of the United Nations. Iran's president Masoud Pezeshkian said on Friday it is time to end the war between Tehran and the US, stating, "It is better that we bring the war to an end now as we are in a position of power and dignity."

The Pentagon is considering reducing US military presence in the Middle East following the conclusion of the Iran war, according to a report. Officials told The Washington Post that troops could be withdrawn from the Persian Gulf after months of attacks by Iranian forces targeting US bases since the war began in late February. The Pentagon’s policy office, US Central Command (Centcom), and Joint Staff are evaluating US regional presence.

Trump declared "D-Day" for Iran after a 60-day window for the US and Iran to negotiate a ceasefire and peace deal expired on Monday. Trump told reporters he had no interest in extending a truce because he felt Tehran was not going to make the kind of a deal that I feel is necessary. He took to social media to declare the Strait of Hormuz new US territory and promised to punish any country doing business with Iran.

China rejected Trump's "Economic D-Day" threat against Iranian trading partners. India's MEA stands for peaceful resolution through dialogue and diplomacy regarding Trump's threat. Mohammad Bagher Ghalibaf, lead negotiator in talks with the United States, said Iran must plan to overcome unjust sanctions. Iran retains its veto on shipping in the Strait of Hormuz. Iran and Oman reached an understanding on a future shipping regime in the strait, according to Esmaeil Baghaei.