Trump says No Sanctions Exemption for EU Firms

US President Donald Trump warned European companies that they would face secondary sanctions if they violated US restrictions on doing business with Tehran following Washington’s move to pull out of the Iran nuclear deal.

The US president said on Sunday that he would not exempt European companies from Iran-related sanctions, suggesting that EU demands for waivers would be ignored.

Asked in a Fox News interview if he would sanction European companies that did business with Iran, Trump responded, “Yes, of course. That’s what we’re doing. Absolutely.”

The refusal to exempt European companies will further inflame tensions between the US and its allies in Europe.

Transatlantic relations have severely deteriorated under Trump over issues from trade to defense spending. Trump also angered some US allies last month when he called on the G7 to readmit Russia as a member.

Trump also accused the EU of being “possibly as bad as China” when it came to the way the European bloc traded with America. Singling out Germany and Scotland, Trump repeated his mantra that “they treat us very badly”.

He also rejected the notion that mounting tension with Europe made it harder to deal with China-related trade issues.

Trump announced on May 8 that Washington was walking away from the nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which was reached in 2015 between Iran and the five permanent members of the UN Security Council – the United States, Britain, France, Russia and China – plus Germany.

Trump also said he would reinstate US nuclear sanctions on Iran and impose “the highest level” of economic bans on the Islamic Republic.

(Source: Tasnim, under Creative Commons licence)

3 Responses to Trump says No Sanctions Exemption for EU Firms

  1. Jim P 4th July 2018 at 2:52 pm #

    This is always the USA policy, Weaken the countries before we Attack them, that is how the USA Democracy works. As long as we can rob them and exploit them all is well.
    Once they refuse the slavery, we bomb the hell out of them and our taxes of the people goes up. Iran needs to make peace with the so-called chosen ones and they will tell the USA to back off. They are the ones who run the American Empire. Surely all should know that Trump is not in charge.

    • John q 4th July 2018 at 8:39 pm #

      Tnx, I agree with your opinion, an other option is that all the companies and countries will keep on trading with iran. Then the sancions would have no effect. Unfortunate its a bad situation, also for the US if they kneep on pushing.

    • Achille 28th October 2018 at 7:10 am #

      I agree with you . I travel extensively in middle East and it is clear to me and to everyone in middle East two Israel and Saudi Arabia enemy of Iran are paying Trump to reduce Iran to poverty. Everyone can find the adjective to define Mr Trump and should remember that in the history imperialism has a beginning and a end
      Iran politicians are also making mistake because they should making agreement with Israel and that’s possible because Israel only wants to be secure and Iran alone cannot repair the Palestinian historical problem.

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