U.S. On Verge Of Restoring Some Iran Sanctions After Leaving 'Horrible' Deal
The Trump administration says penalties will snap back into place overnight against several sectors of the Iranian economy, embarking on a multistep return to U.S. policy before the 2015 nuclear deal.
by Colin Dwyer
Aug 06, 2018
3 minutes
Updated at 3:49 p.m. ET
Just after the clock strikes midnight, it will usher in a new day and a return to past U.S. policy: As of 12:01 a.m. ET Tuesday, the Trump administration says it will restore some of the sanctions against Iran that were lifted as part of the 2015 nuclear deal.
The White House says that overnight, it will reinstitute regulations that, , prohibit the Iranian government's use of U.S. dollars and erect barriers to trade with Iran involving aluminum and steel, the Iranian automotive and airline
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