Report: U.S. Treasury Expecting New Iran Sanctions

The Times of Israel reports: US Treasury Secretary Steve Mnuchin said Thursday he expected President Donald Trump to announce new sanctions against Iran, as the European Union urged Trump to endorse the nuclear agreement.

“I am expecting new sanctions on Iran,” Mnuchin told reporters, according to Reuters. “We continue to look at them. We’ve rolled them out and I think you can expect there will be more sanctions coming.” Trump is expected to decide by Friday whether to extend sanctions relief under the nuclear deal or reimpose the restrictions his predecessor, Barack Obama, suspended two years ago.

The foreign ministers of Britain, France and Germany threw their weight behind the pact limiting Iran’s nuclear ambitions on Thursday, and insisted that the Islamic Republic is respecting its terms.

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