Sanctions Reimposed On Iran For ‘World Peace,’ Trump Says


A first wave of U.S. sanctions against that had been eased under a 2015 nuclear deal have gone back into effect, targeting financial transactions in U.S. dollars, ’s automotive industry, the purchase of commercial aircraft and metals including gold, and the selling of Persian carpets.

U.S. President Donald Trump, who reimposed the sanctions in an executive order, tweeted early on August 7 that the measure means, “Anyone doing business with will NOT be doing business with the United States.”

“I am asking for WORLD PEACE, nothing less!”

More sanctions targeting ’s oil sector and Central Bank are to be reinstated in November.

Washington claimed that ians are already seeing economic woes brought on by the sanctions, with ’s rial currency losing around half its value since Trump announced he would withdraw the United States from ’s 2015 nuclear accord with world powers in April.

Ahead of the reimposition of sanctions, Trump said in a statement on August 6, “We urge all nations to take such steps to make clear that the ian regime faces a choice: either change its threatening, destabilizing behavior, and reintegrate with the global economy, or continue down a path of economic isolation.”

Trump warned that those who don’t reduce their economic exchanges with “risk severe consequences.”

In reaction to the U.S. move, Russia on August 7 said it was “deeply disappointed” by Trump’s decision.

“We are deeply disappointed by U.S. steps to reimpose its national sanctions against ,” the Foreign Ministry said in a statement. Russia will do “everything necessary” to save the 2015 deal and protect its shared economic interests with Tehran, the statement said.

Despite the U.S. withdrawal from the nuclear deal, ian President Hassan Rohani said will continue to comply with the deal’s restrictions on its nuclear activities in exchange for continued relief from sanctions by the European Union, Russia, China, and other major trading partners.

“Despite the sanctions, we will prove that we stick to our word and honor international deals,” he said.

’s vow to stick with the nuclear deal was applauded by the European Union, which on August 6 issued a “blocking statute” aimed at protecting European businesses from penalties that might result from the reimposition of U.S. sanctions.

“We are determined to protect European economic operators engaged in legitimate business with ,” EU foreign-policy chief Federica Mogherini said.

Despite the blocking law and other measures taken by the EU to encourage companies to continue doing business with , however, hundreds of European and Asian companies have already announced their exit from the ian market.

Moreover, the return of sanctions has increased tensions inside Iran, where in recent days protests have occurred in multiple towns and cities over the plummeting currency, water shortages, high prices, and alleged corruption in the political system.

ian Foreign Minister Mohammad Javad Zarif said the global reaction to Trump’s move showed that Washington is the one that is diplomatically “isolated,” not Tehran.

But he acknowledged the sanctions “may cause some disruption” for ’s battered economy and claimed they were “endangering ordinary ians.”

The current round of sanctions affects cars, carpets, and food exports, as well as ian imports of graphite, aluminum, steel, coal, and some software. will also be banned from buying certain aircraft.

The second phase of U.S. sanctions, which takes effect on November 5, is aimed at blocking ’s vital oil sales, which drive much of the country’s economic growth, and could cause even more damage.

Several key buyers of ian oil — including China, India, and Turkey — have said they are not willing to entirely cut off their supplies from .

With reporting by AP, AFP, and dpa