US Reimposes Economic Sanctions on Iran

US Reimposes Economic Sanctions on Iran

President Trump has signed an executive order reimposing sanctions on Iran. The moves comes three months after the US pulled out of the Iran nuclear deal, with Mr Trump saying his policy is to levy “maximum economic pressure” on the country.

Mr Trump said the 2015 international accord to freeze Iran’s nuclear programme in return for lifting sanctions was a “horrible, one-sided deal” and said it left the Iranian government flush with cash to use to fuel conflict in the Middle East.

Mr Trump said; “We urge all nations to take such steps to make clear that the Iranian regime faces a choice: either change its threatening, de-stabilising behaviour and reintegrate with the global economy, or continue down a path of economic isolation.”

He warned that those who do not wind down their economic ties to Iran “risk severe consequences” under the reimposed sanctions.

US secretary of state Mike Pompeo said renewed US sanctions on Iran will be rigorously enforced and remain in place until the Iranian government radically changes course.

 

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