U.S. looks to further squeeze the country’s economy in retaliation for Iran’s bombing of American military bases in Iraq earlier in the week
This translation has been automatically generated and has not been verified for accuracy.U.S. President Donald Trump is imposing more sanctions on Iran, targeting 17 metals companies and eight officials of the regime in Tehran.
Mr. Trump’s order also prohibits doing business with Iran’s construction, manufacturing, textiles and mining sectors. Asked whether sanctions were actually working – given that Iran had continued to carry out attacks in neighbouring countries despite the economic penalties already in place – Mr. Mnuchin insisted that Iran’s behaviour would be even worse if it had not previously been sanctioned.
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