Home International Relations US President to Impose New Sanctions on Iran’s “Absolutely Broken” Economy

US President to Impose New Sanctions on Iran’s “Absolutely Broken” Economy

US President Donald Trump
US President to impose new sanctions on Iran on Monday

US President Donald Trump has vowed to impose new sanctions on Iran. He said the country’s “absolutely broken” economy will suffer “major” US sanctions on Monday

Amid ongoing tension between Iran and the United States over the former’s expansion of nuclear power, US President Donald Trump has vowed to impose “major” sanctions.

President Trump confirmed that he was looking to impose additional sanctions on Iran’s “absolutely broken” economy on Monday.

Iran has since threatened to pace up nuclear activities. The Middle Eastern nation demands that Europe takes sterner measures to protect it against US sanctions.

While the US President asserted that economic pressure would facilitate talks, no dialogue has been initiated yet.

Relations soured further as Yemen’s Iran-backed Houthi movement claimed a drone attack on a Saudi Arabian airport on Sunday.

Reportedly, US had launched a cyber-attack on an IRGC-backed organisation. The organisation was suspected to have attacked US deployment in the Gulf.  

The Islamic Revolutionary Guards Corp (IRGC), a branch of Iran’s armed forces, is recognised by the US as a terrorist outfit.

US’ Official Stance amid Rising Conflict

Ahead of the US-Russia-Israel conference on Iran in Syria, US Security Advisor John Bolton cleared the country’s stance.  

He asserted that Iran did not have “a hunting license in the Middle East”. He warned Iran to not mistake US’ caution for weakness.

Speaking in Jerusalem, he said, the US military was “rebuilt, new and ready to go.”

Bolton said, “Iran’s continued pursuit of nuclear weapons, its threats to exceed the limits set in the failed Iran nuclear deal in the coming days… are not signs of a nation seeking peace.”

The National Security Advisor reaffirmed President Trump’s move to impose new sanctions on Iran on Monday.

In an interview on Sunday, President Trump asserted that he did not wish to cause further destruction. He reminded the Middle East of the devastating 2003 US-led Iraq invasion.

He said, “John Bolton is absolutely a hawk. If it was up to him he’d take on the whole world at one time, OK? But that doesn’t matter because I want both sides.”  

“So what happened is I said, ‘I’m not going to do it. I’ll save it. If they do something else, it’ll be double’.”

President Trump added, “I think that they want to negotiate. I don’t think they like the position they’re in. Their economy is absolutely broken.”

He later tweeted, “We are putting major additional sanctions on Iran on Monday.” The tweet also reasserted that under no circumstances will Iran be allowed to possess nuclear weapons.

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