Iran Braces For New U.S. Sanctions To Further Cripple Economy
The new sanctions, which were previously lifted under the 2015 nuclear deal, severely limit Iran's ability to buy U.S. currency and issue sovereign debt, and place restrictions on trade with Iran.
The U.S. reimposed a round of sanctions against Iran that went into effect early Tuesday, a move the Trump administration hopes will further damage the Iranian economy and force concessions from Tehran on a number of fronts.
The , which were previously lifted under the 2015 nuclear deal, severely limit Iran's ability to buy U.S. currency and issue sovereign debt, and also place restrictions on trade with Iran in aluminum and steel, and the automotive and airline industries.
