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US imposes new sanctions on Iran’s metal sectors

New York, US President Donald Trump targeted Iran's steel and mining sectors Wednesday in his latest tough sanctions.

The announcement came on the oneyear anniversary of Trump's pullout from the accord in 2018.

The White House said it was imposing sanctions on all trade of Iran's iron, steel, aluminum and copper, the country's biggest export after oilwhich the United States is already working to halt completely.

'Today's action targets Iran's revenue from the export of industrial metals10% of its export economyand puts other nations on notice that allowing Iranian steel and other metals into your ports will no longer be tolerated,' Trump said in a statement.

Source: Islamic Republic News Agency IRNA


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