President Donald J. Trump is Reimposing Sanctions Lifted Under the Horrible Iran Deal | Eastern NC Now

Press Release:

    "Our policy is based on a clear-eyed assessment of the Iranian dictatorship, its sponsorship of terrorism, and its continuing aggression in the Middle East and all around the world."   -   President Donald J. Trump

    REIMPOSING TOUGH SANCTIONS: President Donald J. Trump's Administration is taking action to reimpose sanctions lifted under the Joint Comprehensive Plan of Action (JCPOA).

          •  President Trump made clear when he ended United States participation in the JCPOA that his Administration would be reimposing tough sanctions on the Iranian regime.

                •  In connection with the withdrawal from the JCPOA, the Administration laid out two wind-down periods of 90 days and 180 days for business activities in or involving Iran.

          •  Consistent with President Trump's decision, the Administration will be reimposing specified sanctions after August 6, the final day of the 90-day wind-down period.

          •  On August 7, sanctions will be reimposed on:

                •  The purchase or acquisition of United States bank notes by the Government of Iran.

                •  Iran's trade in gold and other precious metals.

                •  Graphite, aluminum, steel, coal, and software used in industrial processes.

                •  Transactions related to the Iranian rial.

                •  Activities relating to Iran's issuance of sovereign debt

                •  Iran's automotive sector.

          •  The remaining sanctions will be reimposed on November 5, including sanctions on:

                •  Iran's port operators and energy, shipping, and shipbuilding sectors.

                •  Iran's petroleum-related transactions.

                •  Transactions by foreign financial institutions with the Central Bank of Iran.

          •  The Administration will also relist hundreds of individuals, entities, vessels, and aircraft that were previously included on sanctions lists.

    ENSURING FULL ENFORCEMENT: President Trump will continue to stand up to the Iranian regime's aggression, and the United States will fully enforce the reimposed sanctions.

          •  The Iranian regime has exploited the global financial system to fund its malign activities.

                •  The regime has used this funding to support terrorism, promote ruthless regimes, destabilize the region, and abuse the human rights of its own people.

          •  The Trump Administration intends to fully enforce the sanctions reimposed against Iran, and those who fail to wind down activities with Iran risk severe consequences.

          •  Since the President announced his decision on May 8 to withdraw from the JCPOA, the Administration has sanctioned 38 Iran-related targets in six separate actions.

    PROTECTING OUR NATIONAL SECURITY: The JCPOA was defective at its core and failed to guarantee the safety of the American people.

          •  President Trump's decision to withdraw from the Iran deal upheld his highest obligation: to protect the safety and security of the American people.

          •  The Iranian regime only grew more aggressive under the cover of the JCPOA and was given access to more resources to pursue its malign activities.

                •  The regime continues to threaten the United States and our allies, exploit the international financial system, and support terrorism and foreign proxies.

          •  The Administration is working with allies to bring pressure on the Iranian regime to achieve an agreement that denies all paths to a nuclear weapon and addresses other malign activities.

                •  Read the full text of the Executive Order.

                •  Read the full statement from President Trump.

• Contact: White House
•     Press Office