Friday, January 10, 2020

The U.S. Just Announced New Sanctions Against Iran

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WASHINGTON — The Trump administration announced new sanctions against Iran Friday morning, the latest move in a conflict-filled week between the countries.

Treasury Secretary Steve Mnuchin said the sanctions would target Iran’s construction, manufacturing, textiles, mining, and aviation industries. They also include both “primary and secondary” sanctions — ones targeting Iranians themselves and those who do business with them. He also said they’d further target Iranian officials.

VICE News first reported on Thursday that these sanctions would be announced this week and would focus on Iran’s major industries outside of oil as well as top officials.

The sanctions announcement comes after a week of sky-high tensions between the two countries. On President Trump’s orders, the U.S. military killed Iranian Gen. Qassem Soleimani last Thursday, taking out a top Iranian government official. Iran vowed to retaliate for the strike, and on Tuesday sent missiles at two U.S. bases in Iraq. But that missile strike didn’t kill any Iraqis or Americans, likely an attempt at deescalation.

Cover: 24 June 2019- Washington DC- United States Secretary of the Treasury Steven T. Mnunchin holds a news briefing at the White House on additional sanctions imposed by the U.S. on Iran. Photo Credit: Chris Kleponis/Sipa USA(Sipa via AP Images)



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