Trump hits iran with new sanctions for missile test
WASHINGTON — The Trump administration ordered sanctions against more than two dozen people and companies from the Persian Gulf to China Friday in retaliation for Iran’s recent ballistic missile test, increasing pressure on Tehran without directly undercutting a landmark nuclear deal with the country.
Those targeted by the Treasury Department include Iranian, Lebanese, Emirati and Chinese individuals and firms involved in procuring ballistic missile technology for Iran. Market futures oil They are now prohibited from doing any business in the United States or with American citizens. Equity meaning in hindi The overall impact is likely to be minimal on Iran’s economy, though some of the people and companies have relationships with Iran’s hard-line Revolutionary Guard military forces.
“The days of turning a blind eye to Iran’s hostile and belligerent actions toward the United States and the world community are over,” Michael Flynn, President Donald Trump’s national security adviser, said in a statement.
Although White House spokesman Sean Spicer acknowledged that much of the legwork had occurred under President Barack Obama, he told reporters the Trump administration “acted swiftly and decisively” after Iran’s recent missile test and Iranian-backed rebels in Yemen firing on a Saudi naval vessel.
It is Trump’s first package of penalties against Iran, reflecting his insistence on a tougher stance toward Tehran. Call and put options examples Throughout his election campaign, Trump accused the Obama administration of being weak on Iran, and he vowed to crack down if elected.
Iran has acknowledged that it conducted a missile test. Eur usd chart live But it insists the test didn’t violate the 2015 nuclear accord it reached with the United States and five other world powers, or a subsequent U.N. Gender theory Security Council resolution extending an eight-year ban on ballistic missiles “designed to be capable of delivering nuclear weapons.” Washington, under Obama and Trump, and its Western allies agree the matter is separate from the nuclear pact but maintain that the missile tests violate the U.N. Call option vs put option ban.
Iran already has a formidable arsenal of thousands of short- and medium-range ballistic missiles capable of reaching Israel and other U.S. 500 kroner to usd allies in the Middle East, as well as American bases, and has undertaken a series of tests in the year and a half since the nuclear agreement. How to convert inr to usd The U.S. Funny jokes and riddles said the latest launch was of a medium-range missile, and an American defense official described it as failing re-entry into the Earth’s atmosphere.
Despite the tough talk, the new sanctions represent a continuation of the Obama administration’s limited punishment for Iran’s ballistic missile activity and avoid a direct showdown with Tehran over the nuclear deal itself. Convert fraction to mixed number calculator The sanction targets were drawn up before Obama left office and don’t affect Iran Air, a big Iranian bank or any major government entity, making it unclear how effective they’ll prove as deterrents.
None of the new penalties reversed Obama’s suspension of sanctions under the nuclear pact. Aud usd chart Obama himself promised after the deal to continue going after Iran with non-nuclear penalties in response to missile launches, terror support or human rights abuses, and did so in January and March of last year.
“This is part of a much broader strategy and merely a sign of coming attractions,” said Mark Dubowitz, CEO of the Foundation for Defense of Democracies, who advises the administration and Congress on Iran-related issues.
Gary Sick, a Columbia University professor who handled Iran issues for Presidents Gerald Ford and Jimmy Carter, said Trump’s limited response showed he doesn’t intend to tear up the nuclear deal. Fundamentals of futures and options markets pdf free download “If they wanted to do it, that would have been the moment,” he said.
Foreign Minister Javad Zarif tweeted Friday that his country was “unmoved by threats as we derive security from our people. Usa today crossword We’ll never initiate war, but we can only rely on our own means of defense.”
“Our missile drills are a show of our might,” added Tehran prayer leader Ayatollah Ahmad Khatami. Oil meaning “We are living in a world of wolves — wolves such as the arrogant government of America. Cnn futures pre market In this world of wolves, should we remain unarmed and they do whatever damn things they want? No way! This will never happen!”
The agreement compelled Iran to curtail its enrichment of uranium, a material that can be used in atomic bombs, and other nuclear-related activity. Future trends in marketing In exchange, Iran received broad relief from U.S. British pound to us dollar rate and international sanctions that were crippling its economy. Dow jones stock futures live Trump has ridiculed the arrangement as a terrible deal, but America’s closest allies in Europe as well as Russia and China are committed to it.
In the final days of the nuclear negotiations, Tehran agreed to an eight-year extension of a ban on ballistic work. Binary file editor That understanding was codified in a U.N. Eur usd live Security Council resolution passed in parallel, but separately, to the nuclear accord.