Daimler abandons Iran expansion plans as sanctions bite

Daimler abandons Iran expansion plans as sanctions bite

Daimler abandons Iran expansion plans as sanctions bite

Iran dismissed a United States offer to renegotiate a historic 2015 nuclear deal signed with other major powers as President Donald Trump reimposed crippling sanctions on Tuesday.

Iran is also taking solace in the fact that most of the world strongly opposes Trump's policy, with China, India and Turkey all saying they are unwilling to substantially cut purchases from Iran when the USA reimposes sanctions on the energy sector on November 5.

The Trump administration moved to restore some U.S. sanctions on Iran and reaffirmed plans to impose tougher penalties on the country's oil sales in November, as President Hassan Rouhani comes under increasing economic and political pressure to address the crisis.

The US goal is to get the Iranian regime to stop meddling in countries from Syria to Yemen, halt its ballistic missile programme and commit to stricter limits on its nuclear program, not to overthrow the government, the administration officials said.

Trump government officials blame the nuclear deal signed under former president Barack Obama for providing the revenue for Iran to fund its regional activities.

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European Union foreign affairs chief Federica Mogherini and the French, German and British foreign ministers said they deeply regretted Trump's action.

He said Iran's leaders may need to "drink the poison cup" and negotiate with the US. "We can already see positive results from what Trump did".

Sogand, a young Iranian-American, came to live in Iran for the first time five years ago and had enjoyed the thaw in global tensions that accompanied the nuclear deal.

Iranian Foreign Minister Mohammad Javad Zarif told reporters the global reaction to Trump's move showed that the U.S. was diplomatically "isolated", but acknowledged the sanctions "may cause some disruption".

In a TV appearance, Iran's President Hassan Rouhani accused Washington of "wanting to launch a psychological war against the Iranian nation".

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"The pressure will not relent while the negotiations go on", said Bolton, one of the administration's main hawks on Iran. "That's the ask", said Pompeo on Sunday ahead of the re-imposition.

Israeli Prime Minister Benjamin Netanyahu, like Trump a long-time opponent of the accord, congratulated him on the new sanctions.

They aim "both to coerce Tehran to change its behaviour, as well as to maintain the deterrent power of secondary sanctions" in targeting non-US companies doing business with Tehran, Mr Taleblu told The National.

The new USA sanctions will likely slash oil supply.

The impact of the return of sanctions has ramped up tension inside Iran, which has seen days of protests and strikes in multiple towns and cities over water shortages, high prices and wider anger at the political system.

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"No Iranian politician can risk negotiating with the president who trashed the outcome of 12 years of negotiations over the nuclear issue and can't come to any lasting agreement with his own party and US's traditional allies", he said.

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