The Trump administration on Wednesday hit Iran with new sanctions that target several transportation firms as it continues its “maximum pressure campaign' against the Islamic Republic over its nuclear and ballistic missile programs
WASHINGTON — The Trump administration on Wednesday hit Iran with new sanctions that target several transportation firms as it continues its “maximum pressure campaign" against the Islamic Republic over its nuclear and ballistic missile programs.
The moves were announced by the Treasury and the State Department and will subject foreign firms and governments that do business with the targeted entities to sanctions themselves, including a freeze on any assets they may have in U.S. jurisdictions. Pompeo announced the sanctions even as he expressed hope that a weekend prisoner swap with Iran could lead to a dialogue between Washington and Tehran over prisoners. He called Saturday's release of Princeton graduate student Xiyue Wang in exchange for an Iranian jailed in the U.S. a “happier note” that could yield progress.
“If we can find an opening and deliver these people back to their families and back to America we will certainly do that,” he said.
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