Trump Imposes New U.S. Sanctions On Iran’s Metals Ondustry

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Today, Donald Trump, the President of the United States of America, ordered new sanctions to be imposed on Iran. This time, he is targeting the export revenues of the Islamic Republic from its industrial metals sector. The US President pledged to keep squeezing Tehran unless it “fundamentally alters” its policies.

The announcement was made on the anniversary of unilateral withdrawal of the United States from a 2015 landmark deal between Tehran and world powers to hinder its nuclear programme in exchange for easing some sanctions. It also comes hours after Tehran said that it would no longer fully comply with the accord.

Tensions were already high between Tehran and Washington when the Trump administration disclosed last weekend that it was deploying a carrier strike group and bombers to the Middle East, as a response to what it said were “troubling indications and warnings” from Iran.

Before the executive order of Trump for the sanctions, a senior official of the White House said that Washington would impose more economic curbs on Tehran ‘very soon.’ He also warned Europe to stop doing business with the Islamic Republic.

In a statement, Trump stated: “Today’s action targets Iran’s revenue from the export of industrial metals – 10 percent of its export economy – and puts other nations on notice that allowing Iranian steel and other metals into your ports will no longer be tolerated.”

He added: “Tehran can expect further actions unless it fundamentally alters its conduct.”

The Trump administration says that the nuclear deal that was negotiated by Barack Obama, his predecessor, was flawed as it is not permanent. It said that it does not address the ballistic missile programme of Iran and does not punish it for waging proxy wars in other Middle East countries.

Leading Democratic lawmakers including Chris Murphy, the top Democrat on the Middle East subcommittee of the Senate, said that the halting compliance of Iran to some parts of the deal was “disastrous news.” They also accused Republican Trump’s administration of making America much less safe through its policies. Nancy Pelosi, the House of Representatives Speaker, requested for a briefing on Iran for members.