- Iran Nuclear Deal: US Delivers HUGE BLOW to EU Firms by Rejecting Sanctions Exemption
by JOE BARNES, BRUSSELS CORRESPONDENT, https://www.express.co.uk/
THE European Union has been dealt a huge blow by the United States after Washington refused desperate pleas by Brussels for an exemption to European firms from sanctions on Iran.
Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin refused any exemption requests, insisting the US wants to maintain “unprecedented” pressure on Tehran. After ripping up American participation in the 2015 Iran nuclear deal, Donald Trump ordered sections to be imposed on Tehran. A number of major European companies have business with Iran but have been forced to lower their involvement in Tehran in order not to risk business prospects with the US.