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US reimposes tough, unilateral sanctions against Iran
WASHINGTON, Aug 7, 2018 (BSS/AFP) – The United States re-imposed a wave of
tough, unilateral sanctions against Iran on Tuesday, bringing back into
effect harsh penalties that had been lifted under a historic, multi-party
nuclear agreement that President Donald Trump abandoned in May.
The first of two rounds of US sanctions kicked in at 12:01 am (0431 GMT),
targeting Iran’s access to US banknotes and key industries, including cars
and carpets.
Iranians are already seeing the effects of the sanctions, with Iran’s rial
currency losing around half its value since Trump announced the US would
withdraw from the 2015 nuclear accord.
Trump’s contempt for the nuclear deal dates back to his time as
presidential candidate and on May 8, he made good on a pledge to pull America
out of the international agreement.
He blasted the agreement yet again Monday, calling it a “horrible, one-
sided deal (that) failed to achieve the fundamental objective of blocking all
paths to an Iranian nuclear bomb.”
The unilateral withdrawal came despite other parties to the agreement —
Britain, China, France, Germany, Russia and the EU — pleading with Trump not
to abandon the pact aimed at blocking Iran from acquiring a nuclear weapon,
and highlights the US leader’s go-it-alone style and his distaste for
multilateral agreements.
In an executive order Monday, Trump said the sanctions seek to pile
financial pressure on Tehran to force a “comprehensive and lasting solution”
to Iranian threats, including its development of missiles and regional
“malign” activities.
The European Union’s diplomatic chief Federica Mogherini said the bloc, as
well as Britain, France and Germany, deeply regretted Washington’s move.
“We are determined to protect European economic operators engaged in
legitimate business with Iran,” she said in a statement.
Many large European firms are leaving Iran for fear of US penalties, and
Trump warned of “severe consequences” against firms and individuals that
continued to do business with Iran.
MORE/MR/ 1017 hrs
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The impact of the return of sanctions has ramped up tensions inside Iran,
which has seen days of protests and strikes in multiple towns and cities over
water shortages, high prices and wider anger at the political system.
Severe reporting restrictions have made it impossible to verify the swirl
of claims coming through social media.
– ‘Remove the knife’ –
Trump said he was open to reaching a more comprehensive deal with Iran
“that addresses the full range of the regime’s malign activities, including
its ballistic missile program and its support for terrorism.”
But Iranian President Hassan Rouhani was unimpressed by the offer.
“If you’re an enemy and you stab the other person with a knife, and then
you say you want negotiations, then the first thing you have to do is remove
the knife,” the Iranian leader said in an interview on state television.
“They want to launch psychological warfare against the Iranian nation,”
Rouhani said. “Negotiations with sanctions doesn’t make sense.”
John Glaser, director of foreign policy studies at the Cato Institute,
noted that the US sees the sanctions “as a tool to pressure Iran to come back
to the negotiating table to rehash the nuclear deal on terms more to Trump’s
liking. That is not going to happen.”
The second phase of US sanctions, which takes effect November 5 and will
block Iran’s oil sales, is due to cause more damage, though several countries
including China, India and Turkey have indicated they are not willing to
entirely cut their Iranian energy purchases.
Iran’s Foreign Minister Mohammad Javad Zarif told reporters the global
reaction to Trump’s move showed that the US was diplomatically “isolated,”
but acknowledged the sanctions “may cause some disruption.”
Rouhani’s government has taken emergency measures to stem the collapse of
the rial ahead of the return of sanctions.
BSS/AFP/MR/ 1017 hrs