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U.S. Presses Allies to Tighten Iran Sanctions

(Wall Street Journal) Ian Talley - The Trump administration wants to work with Washington's allies to ramp up sanctions on Iran, U.S. Treasury Secretary Steven Mnuchin said in an interview Monday. In meetings this past week in Saudi Arabia, Israel, the UAE and Qatar, Mnuchin tried to ratchet up the pressure on Iran and crack down on terror financing in the region. Earlier this month, President Donald Trump vowed to end U.S. participation in the nuclear deal unless Congress and U.S. allies are able to deliver on new measures targeting Tehran's expanding missile program, its support for regional militant groups and any future nuclear activities. "Everywhere we go, we send the message that Iran is a top priority for us and we want them to join us in squeezing them," said Sigal Mandelker, the Treasury's sanctions chief. For banks, firms and individuals, keeping ties to the sanctioned arms of the regime could expose them sanctions, she said.
2017-10-31 00:00:00
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