Iran war news LIVE Updates: Trump says Iran not ready for ‘right deal’; China pushes back on ‘Economic D-Day’ campaign

Iran war news LIVE Updates: Trump says Iran not ready for ‘right deal’; China pushes back on 'Economic D-Day' campaign

Iran war news LIVE Updates: US President Donald Trump said Friday Iran wants an agreement with the United States but is not yet prepared to accept terms he considers necessary.

“They would love to make a deal, but they are not ready to make the right deal, in my opinion,” Trump told reporters at Joint Base Andrews. “We’re seeing what happens. They have no money. They have no navy. They have no air force. They’re not paying their soldiers. They’re not paying their police. They have 350% inflation,” Trump was quoted by Iran International as saying.

Meanwhile, China officially pushed back on Trump’s threat of an “economic D-Day” against Iran, saying sanctions do not “fit the interest of any party.” Earlier this week, Trump vowed “tremendous economic consequences” for countries that do business with Tehran. But the US has little leverage over China.

Vice President JD Vance has said the war has entered a phase in which economic pressure is Washington’s most effective tool, and Treasury Secretary Scott Bessent said the United States would impose the “toughest sanctions in history.”

Iranian Foreign Minister Abbas Araghchi rejected that premise Friday, saying Trump’s campaign was “bound to fail” like previous rounds of US pressure.

“14 years ago: ‘Most crippling sanctions in history.’ Failed. 8 years ago: ‘Maximum pressure.’ Failed. 5 months ago: ‘Unconditional surrender.’ Failed. Today: ‘Most crushing economic operation ever.’ Bound to fail,” Araghchi wrote on X. “We have seen this movie before. Same bull. Different bullies,” he added.

Stay tuned to this LIVE blog for latest updates on Iran war news.

Key Events

22 Aug 2026, 05:59 AM IST

22 Aug 2026, 05:51 AM IST

Follow updates here:
22 Aug 2026, 05:59:51 AM IST

Iran war news LIVE Updates: China condemns Trump’s ‘Economic D-Day’ campaign against Iran

China officially pushed back on Trump’s threat of an “economic D-Day” against Iran, saying sanctions do not “fit the interest of any party.” Earlier this week, Trump vowed “tremendous economic consequences” for countries that do business with Tehran. But the US has little leverage over China.

22 Aug 2026, 05:51:53 AM IST

Iran war news LIVE Updates: Trump says Iran wants deal but not ready for ‘right deal’

US President Donald Trump reportedly said Friday, “They would love to make a deal, but they are not ready to make the right deal, in my opinion,” Trump told reporters at Joint Base Andrews. “We’re seeing what happens. They have no money. They have no navy. They have no air force. They’re not paying their soldiers. They’re not paying their police. They have 350% inflation.”

About the Author

Akriti Anand is a Deputy Chief Content Producer at LiveMint. She is a digital journalist with more than six years in the news industry.<br><br>

In her current role, she covers both national and international politics, and also keeps a close watch on the latest trends in science and space exploration.
<br><br>
Akriti joined the LiveMint team in October 2023. Before this, she built a strong career at other major media houses. She worked as a senior sub-editor at India Today. Later, she moved to CNBCTV-18. There, she covered high-pressure topics like breaking news and major elections. She spent much of her time analysing Parliament bills and complex political debates. She is also a skilled editor who knows how to polish a story for a digital audience.
<br><br>
One of her career highlights happened at CNBCTV-18. She made her first television debut during the Chandrayaan-3 mission. She also provided special on-air coverage for the Karnataka Elections.
<br><br>
When she is not busy with breaking news, Akriti loves to write explainers and interview experts on a wide range of issues. She also enjoys making complex space missions easy for everyone to understand.
<br><br>
Her education helps her tackle these diverse subjects. She holds a BA in English Literature, a Postgraduate Diploma in Mass Communication, and a Master’s degree in Development Studies. She is currently expanding her knowledge in climate journalism.<br><br>

Connect with Akriti here<br>
LinkedIn: <a href=”https://www.linkedin.com/in/akriti-anand-868285199″>https://www.linkedin.com/in/akriti-anand-868285199</a><br>
Twitter/X: <a href=”https://x.com/AkritiAnand7″>https://x.com/AkritiAnand7</a><br>
Email: akriti.anand@htdigital.in

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Iran war news LIVE Updates: Trump says Iran not ready for ‘right deal’; China pushes back on ‘Economic D-Day’ campaign

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Iran war news LIVE Updates: Trump says Iran not ready for ‘right deal’; China pushes back on ‘Economic D-Day’ campaign

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