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You are here News International Trump administration hits Iran with new economic sanctions

Trump administration hits Iran with new economic sanctions

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Treasury Sec. Steve MnuchinTrump administration officials announced new sanctions on Iran Friday, while battling persistent questions about their assertions that an "imminent" attack sparked the decision to kill an Iranian general – a controversial move in a series of escalating actions that nearly brought the two nations to the brink of war.

"The president has been very clear: we will continue to apply economic sanctions until Iran stops its terrorist activities and commit that it will never have nuclear weapons," Treasury Secretary Steve Mnuchin said.

The new penalties target Iran's construction, manufacturing, textiles, mining, steel and iron industries. They also blacked listed eight senior Iranian leaders, including the secretary of Iran's Supreme National Security Council.

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