U.S.-Iran Live Updates: Trump says Iran "not ready to make the right deal" as U.S. turns to economic warfare

Updated on: August 22, 2026 / 1:16 AM EDT / CBS News

U.S.-Iran Live Updates: Trump says Iran "not ready to make the right deal" as U.S. turns to economic warfare

TL;DR

  • U.S. is employing economic warfare against Iran.
  • President Trump stated that Iran is not ready to make the right deal.
  • The situation is being updated live by CBS News.