New Trump sanctions on Iran take effect despite pleas from allies

ANKARA (Reuters) – New U.S. sanctions against Iran took effect on Tuesday, and President Donald Trump, who defied Washington’s allies to impose them, pledged that firms doing business with Tehran would be barred from doing business with the United States. Iran dismissed a last-minute offer from the Trump administration for talks, saying it could not negotiate while Washington had reneged on a 2015 deal to lift sanctions in return for curbs on Iran’s nuclear program. Trump decided this year to pull out of the agreement, ignoring pleas from the other world powers that had co-sponsored the deal, including Washington’s main European allies Britain, France and Germany, as well as Russia and China. The European countries have promised to try to mitigate the impact of renewed U.S. sanctions to persuade Tehran to continue to abide by the deal’s terms. But that has proven difficult: European companies have pulled out of Iran, arguing that they cannot risk the prospect of damage to their U.S. business. “These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD… continue reading

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