Trump Administration Reimposes U.S. Sanctions on Iran Previously Lifted Under Nuclear Deal

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Posted: Nov 02, 2018 11:30 AM
Trump Administration Reimposes U.S. Sanctions on Iran Previously Lifted Under Nuclear Deal

Update: President Trump tweeted out his own message about the sanctions deadline Friday.

The Trump administration announced Friday that it is putting all the sanctions on Iran back in place that had been previously lifted under the Obama administration’s 2015 nuclear deal with Iran.

The sanctions go into effect Monday and will be imposed on the country’s financial, energy, and shipping sectors.

Secretary of State Mike Pompeo said the sanctions are “aimed at fundamentally altering the behavior of the Islamic Republic of Iran.”

The State Department has a list of 12 demands for Iran if they want to lift the sanctions. The demands include ending support for terrorist groups like the Taliban, providing the UN’s nuclear agency with “unqualified access,” and halting uranium enrichment.

“Maximum pressure means maximum pressure,” Pompeo said.

According to the Associated Press, eight countries, allies such as Italy, India, Japan and South Korea, will get “temporary waivers allowing them to continue to import Iranian petroleum products for a limited period as long as they end such imports entirely.”

Turkey has been told they are among the eight countries receiving the waiver, Turkish Energy Minister Fatih Donmez told reporters on Friday.

Treasury Secretary Stephen Mnuchin said that 700 additional Iranian companies and people would be added to the sanctions lists as the sanctions are reimposed.