The first set of U.S. sanctions against Iran that had been eased under the landmark nuclear accord went back into effect early Tuesday under an executive order signed by President Donald Trump, targeting financial transactions that involve U.S. dollars, Iran’s automotive sector, the purchase of commercial planes and metals including gold.
Congress and the Trump administration are issuing a stern warning to European partners: End all business ties with the Iranian regime or face harsh new sanctions in the coming months, a move that could impact international financial markets and U.S. banks tied to foreign monetary institutions, according to multiple senior U.S. officials who spoke to the Washington Free Beacon about diplomatic efforts to pressure Europe on Iran.
European Commission President Jean-Claude Juncker is not shy when it comes to being friendly to people he needs to negotiate with. In Brussels, he is known for hugging, kissing and cuddling almost everyone if it serves the cause, namely a relaxed mood. It remains to be seen how US President Donald Trump will react to the Commission president's body language during one-on-one talks in the Oval Office on Wednesday.
President Trump on Wednesday stoked divisions in Europe by wading into the middle of an intense fight over the Nord Stream 2 natural gas pipeline, a project that critics fear will give Moscow new leverage in the region and could create a geopolitically dangerous Russian-German economic alliance.