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- President Donald Trump heralded the return of US sanctions on Iran on Tuesday and seemed to tie those sanctions to a push for “nothing less” than world peace.
- As of midnight on Tuesday, the US reimposed sanctions on Iran, which cut access to US banking, and hit precious metal sales, the auto industry, and insurance of sovereign debt.
- Iran is in a tight spot as Trump hits them with heavy sanctions that global markets are more or less getting in line with.
- Trump is pushing a summit on Iran, but that would play domestically in Iran as a humiliating defeat.
President Donald Trump heralded the return of US sanctions on Iran on Tuesday and seemed to tie those sanctions to a push for “nothing less” than world peace.
“The Iran sanctions have officially been cast. 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 PEACE, nothing less!” Trump tweeted.See the rest of the story at Business Insider
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See Also:
- Trump drops the sanctions hammer on Iran — but Putin could come to Tehran’s rescue
- Kim Jong Un soundly defeated Trump on the nuclear issue — but Trump may win the big game
- Trump is pushing for a summit that would deeply humiliate Iran’s leaders — but they need it too
