Trump admin snaps first nuclear deal sanctions back on Iran

Trump admin snaps first nuclear deal sanctions back on Iran

Trump admin snaps first nuclear deal sanctions back on Iran

The White House says that overnight, it will reinstitute regulations that, among other things, prohibit the Iranian government's use of US dollars and erect barriers to trade with Iran involving aluminum and steel, the Iranian automotive and airline industries, and gold and other precious minerals.

Just after the clock strikes midnight, it will usher in a new day and a return to past USA policy: As of 12:01 a.m. ET Tuesday, the Trump administration says it will restore some of the sanctions against Iran that were lifted as part of the 2015 nuclear deal.

The Iranian currency has lost about half of its value since April because of a weak economy and heavy demand for dollars among Iranians who fear the effects of sanctions, prompting Iran to ease foreign exchange rules.

In his latest move repeating the idea of negotiating with the Iranian authorities, US President Donald Trump on Saturday said any meeting with the Iranian leaders is "up to them". "And this is against the nation of Iran and the national interests of Iran".

Trump repeatedly has tweeted that he is willing to talk directly to Iranian officials without preconditions.

He also said Tehran expects the European countries to bring forward a practical package of proposals to salvage Iranian nuclear deal, also known as JCPOA, after the USA pull-out in May. But talks need honesty.

The United States will reimpose the sanctions against Iran, which were lifted as part of the Obama administration's Iran nuclear deal.

U.S. Secretary of State Mike Pompeo.

Trump added: 'As we continue applying maximum economic pressure on the Iranian regime, I remain open to reaching a more comprehensive deal that addresses the full range of the regime's malign activities'.

Iran's state-run IRNA news agency reported the arrival of the five ATR72-600 airplanes, which are twin-engine turboprops used for short-distance regional flights. The bank also gave the green light for Iranian "legal institutions and businesses" to bring gold and foreign currency into Iran, according to the governor, Abdolnasser Hemmati.

While that economic impact will fall most harshly on the Iranian people, one senior administration official was particularly adamant that the USA does not deserve blame for any of their suffering: "The blame for the situation is perfectly clear, it lies with the Iranian regime that has systematically destroyed that handsome country over the last four decades".

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Despite warnings from Judge John Russo , Williams continued to speak over the judge and his attorneys, according to the video . As Williams was in contempt of court, Russo was well within his legal rights to order Williams to be gagged in the courtroom.

Hemmati replaced Central Bank Gov. Valiollah Seif, who led the bank since 2013, in July.

Pompeo said the intensified pressure on Tehran was created to "push back against Iranian malign activity". The measure backfired, and the black market flourished.

We deeply regret the re-imposition of sanctions by the USA, due to the latter's withdrawal from the Joint Comprehensive Plan of Action (JCPOA).

The new package will take effect on Tuesday.

The European Union on Monday said in a statement that it deeply regrets the restored USA sanctions against Iran, and vowed to stand by the Iran nuclear deal. The action completes the withdrawal from the unsigned JCPOA and resets American-Iranian relations to the status quo ante.

Iran has made threats to close the Strait of Hormuz, where about 30% of oil exports pass through, but Eisenstadt and other experts dismissed this as bluster.

Rouhani, meanwhile, has suggested Iran might block the Strait of Hormuz in response to a shutdown of its oil exports.

However, Rouhani offered faint praise for Trump in his appearance on state TV.

They would also impact Iran's automotive and food sectors, as well as prohibit sales of commercial passenger aircraft to the country.

"If they (sanctions) are applied, then that person can go to the court to recover that damage".

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