Posted on 08/06/2018 9:27:41 AM PDT by yesthatjallen
The Trump administration announced Monday the reimposition of sanctions on Iran that were lifted as part of a nuclear agreement with the country.
The sanctions will take effect at 12:01 a.m. Tuesday and follow through on the order President Trump gave when he withdrew from the nuclear pact in May. "The United States is fully committed to enforcing all of our sanctions, and we will work closely with nations conducting business with Iran to ensure complete compliance. Individuals or entities that fail to wind down activities with Iran risk severe consequences," Trump said in a statement Monday.
"The JCPOA, a horrible, one-sided deal, failed to achieve the fundamental objective of blocking all paths to an Iranian nuclear bomb, and it threw a lifeline of cash to a murderous dictatorship that has continued to spread bloodshed, violence, and chaos," he added, using the acronym for the official name of the nuclear deal.
In announcing the sanctions action, administration officials touted Iran’s ongoing civil unrest and economic woes and reiterated Trump’s openness to meeting with Iranian leaders.
“The president has been very clear: none of this needs to happen,” a senior administration official told reporters on a background briefing call. “He will meet with Iranian leadership at any time to discuss a real, comprehensive deal that will contain their regional ambitions, will end their malign behavior and deny them any paths to a nuclear weapon.”
Seeking to fulfill a campaign promise to tear up what he’s called the “worst deal ever negotiated,” Trump announced in May he was withdrawing the United States from the 2015 nuclear deal.
ETC...
Awesome. Obama and Jarrett very sad.
Too bad he can’t get back those billions of bucks as well!
This is great news. We need complete withdraw from the Middle East forever. We have no business there.
it’ll be interesting to see the commie’s response! LOL!
what really makes these sanctions bite is the sanctions on private business entities that don’t honor the sanctions ... in particular big EU banks and big EU multinational corporations get hammered by the U.S. if they don’t honor the sanctions ... since they do WAY more business with the U.S. than Iran, they’ve got no choice but to go along ... and it’s driving the leftist EU governments insane that they can’t force their businesses to slit their own throats by continuing to do business with U.S. enemies like Iran ...
Which “presidential” judge tosses this out?
Today’s sanctions are crushing, but the oil and shipping sanctions that hit in three months will probably be fatal to the regime, if they even make it that long.
90-days After US withdrawal (Today 6 Aug):
- Bans Iran buying or acquiring U.S. dollars, or Iran trading gold and other precious metals
- Bans Iran’s sale, supply or trade of metals (including aluminum and steel), as well as graphite, coal and certain industrial software
- Sanctions on “significant” sales or purchases of Iranian rials, or the maintenance of significant funds or accounts outside the country using Iranian rials
- Bans on Iranian borrowing (issuing bonds)
- Iranian auto sanctions
- Halts the importation of Persian carpets and foods (pistachios), and ends some licensing-related transactions.
180-days After US withdrawal (4 Nov):
- Doing business with Iran’s ports, as well as the country’s shipping and shipping sectors
- Buying petroleum and petrochemical products with a number of Iranian oil companies
- Foreign financial institutions transacting with the Central Bank of Iran and other banks in Iran
- Providing electronic funds transfer services to Iran’s central bank and other banks
- Insurance
- Sanctions on Iran’s energy sector
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