U.S. Imposes New Sanctions on Iran After Missile Tests (Video)
The U.S. imposed fresh sanctions on Iran as President Donald Trump seeks to punish Tehran for its ballistic missile program after warning the Islamic Republic that it is “playing with fire.”
In a statement Friday morning, the Treasury Department published a list of 13 individuals and 12 entities facing new restrictions for supporting the missile program, having links to terrorism or providing support for Iran’s hard-line Islamic Revolutionary Guard Corps. The entities include companies based in Tehran, United Arab Emirates, Lebanon and China.
The Trump administration has sought to take a harder line on Iran, banning its citizens from entering the U.S. and accusing the nation of interfering in the affairs of U.S. allies in the Middle East. But the sanctions announced Friday were limited in scope, serving mostly as a warning signal.
“This action reflects the United States’ commitment to enforcing sanctions on Iran with respect to its ballistic missile program and destabilizing activities in the region,” the Treasury Department said in its statement. It called the actions “fully consistent” with a nuclear accord Iran reached with the U.S. and five other world powers.
While Trump’s decision to take action against Iran early in his administration pleased U.S. lawmakers in both parties who were never comfortable with President Barack Obama’s tentative rapprochement with Iran, it could unsettle domestic Iranian politics as President Hassan Rouhani seeks re-election in May.
Source Bloomberg.com and YOUTUBE
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