WASHINGTON | Once-eased US economic sanctions against Iran back in effect
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WASHINGTON | Once-eased US economic sanctions against Iran back in effect
WASHINGTON â The first set of U.S. sanctions against Iran that had been eased under the landmark nuclear accord went back into effect early Tuesday under an executive order signed by President Donald Trump, targeting financial transactions that involve U.S. dollars, Iranâs automotive sector, the purchase of commercial planes and metals including gold.
U.S sanctions targeting Iranâs oil sector and central bank are to be reimposed in early November.
The stiff economic sanctions ratchet up pressure on the Islamic Republic despite statements of deep dismay from European allies, three months after Trump pulled the U.S. out of the international accord limiting Iranâs nuclear activities.
Trump declared the landmark 2015 agreement had been âhorrible,â leaving the Iranian government flush with cash to fuel conflict in the Middle East.
Iran accused the U.S. of reneging on the nuclear agreement, signed by the Obama administration, and of causing recent Iranian economic unrest. European allies said they âdeeply regretâ the U.S. action.
As the sanctions loomed Monday, Trump said in a statement, âWe urge all nations to take such steps to make clear that the Iranian regime faces a choice: either change its threatening, destabilizing behavior and reintegrate with the global economy, or continue down a path of economic isolation.â
Trump warned that those who donât wind down their economic ties to Iran ârisk severe consequences.â
The Europeans didnât like any of it.
Despite Trumpâs claims, the accord âis working and delivering on its goalâ of limiting Iranâs nuclear program, said a statement by European Union foreign policy chief Federica Mogherini and the foreign ministers of France, Germany and the United Kingdom.
The ministers said the Iran deal is âcrucial for the security of Europe, the region and the entire world,â and the European Union issued a âblocking statuteâ Monday to protect European businesses from the impact of the sanctions.
A senior administration official, briefing reporters under ground rules requiring anonymity, said the United States is ânot particularly concernedâ by EU efforts to protect European firms from the sanctions.
Iranian President Hassan Rouhani said that Iran still can rely on China and Russia to keep its oil and banking sectors afloat. Speaking in a television interview, he also demanded compensation for decades of American âinterventionâ in the Islamic Republic.
Months of uncertainty surrounding the sanctions have already further hurt Iranâs economy. The countryâs rial currency has tanked, and the downturn has sparked protests across the nation.
The âTrump Administration wants the world to believe itâs concerned about the Iranian people,â Iranian Foreign Minister Mohammad Javad Zarif said in a statement posted to Twitter. But, he said, the reimposed sanctions would endanger âordinary Iranians.â
âUS hypocrisy knows no bounds,â he said.
U.S. officials insisted the American government stands with the people of Iran and supports many of their complaints against their own government.
National security adviser John Bolton said Iranâs leadership is on âvery shaky ground,â but he insisted economic pressure from the Trump administration is not an attempt at âregime change.â
Secretary of State Mike Pompeo said sanctions are an important pillar in U.S. policy toward Iran and will remain in place until the Iranian government radically changes course.
âTheyâve got to behave like a normal country. Thatâs the ask. Itâs pretty simple,â said Pompeo, en route Sunday from a three-nation trip to Southeast Asia.
Israeli Prime Minister Benjamin Netanyahu, a firm foe of the Iranian government, said the sanctions symbolize âthe determination to block Iranâs regional aggression as well as its continuous plans to arm itself with nuclear weapons.â
He called on the countries of Europe to join the U.S., saying, âThe time has come to stop talking; the time has come to do.â
The U.S has long designated Iran as the worldâs foremost state sponsor of terrorism, Pompeo noted Sunday, adding that the Islamic Republic cannot expect to be treated as an equal in the international community until it halts such activities.
He said that âthereâs no evidence today of a change in their behavior,â and in the meantime âweâre going to enforce the sanctions.â
By SUSANNAH GEORGE and ZEKE MILLER , Associated Press