Secretary Bessent notes in his prepared remarks that President Trump has called the nations who are engaged with Iran to request them to cease and desist. That means Trump likely called Chairman Xi (China), President Putin (Russia), President Erdogan (Turkey) and President Asif Ali Zardari of Pakistan.
The video and transcript of Secretary Bessent’s remarks are below. Media questions begin at 7:50 of video. WATCH:
[TRANSCRIPT] – Good afternoon.
Today, at President Trump’s direction, the United States Treasury has begun Operation Economic Outcast – an unprecedented campaign against the Islamic Republic of Iran and its enablers.
In the Second World War, D-Day marked the historic beginning of a campaign with our allies to target and drive the enemy from its positions, including those in third countries.
Today, in that same spirit, we are launching an economic onslaught against Iran’s financial connections around the globe. Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.

