According to CoinMeta, Trump hinted that U.S. Treasury Secretary Steven Mnuchin might introduce significant sanctions against Iran this week, stating that "Mnuchin doesn't do things half-heartedly." Trump mentioned that the United States has "very stringent sanctions plans" and will be observing how the situation develops. At the same time, Trump noted that the Strait of Hormuz remains open at present, with "many ships passing through." He said that this situation is not being adequately reported by the media, but the speed of passage may slow down in the future.