Open to new deal with Iran

Donald Trump Goes All ‘Game Of Thrones’ With Iranian Sanctions Reimposition

"Thank you, President Trump, for this historic move".

The United States will also add 700 individuals and entities to its Iran blacklist and pressure the global SWIFT banking network to cut off Tehran when the sanctions are put back in place next week, USA officials said.

These economic sanctions are just a part of the USA government's total effort to change the behaviour of the Iranian regime, he said.

Former US-Iran deal negotiator and sanctions official Richard Nephew expressed similar concerns.

France, Germany, Britain and the European Union issued a joint condemnation of the USA move to place fresh sanctions on the Iranian economy, vowing to protect European companies doing "legitimate" business with Tehran.

Trump also on Friday tweeted out a "menacing" poster-like image of himself with the words "Sanctions are coming November 5", apparently riffing on HBO's "Game of Thrones".

Harrell said the administration was concerned not to drive up the oil price with its sanctions against Iran. Trump announced the U.S.'s withdrawal from what he described as "the disgusting, one-sided" nuclear deal.

Although the European Union has vowed to create a "special objective vehicle" (SPV) to protect companies buying oil, analysts see little chance that firms will risk USA penalties by using it.

Any sanctions would have had a major impact on India, given it's growing demand. These include ending support for terrorism and military intervention in Syria, as well as completely halting nuclear and ballistic missile development.

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He added that the gains are a "testimonial to the robust employment picture is the broad-based gains in jobs across industries". Average hourly earnings are forecast rising 0.2 percent in October after advancing 0.3 percent in September.

For now no other countries, including China, would be part of it although that could change over time.

Pradhan said that the waiver will benefit the country.

Earlier, Bloomberg reported that South Korea, India, and Japan are among the exempted countries.

"The possibility of America being able to achieve its economic goals through these sanctions is very remote and there is certainly no possibility that it will attain its political goals through such sanctions", he said.

With limited exceptions, the re-imposed USA sanctions will hit Iran as well as countries that do not stop importing Iranian oil and foreign firms that do business with blacklisted Iranian entities, including its central bank, a number of private financial institutions, and state-run port and shipping firms, as well as hundreds of individual Iranian officials.

Secretary of State Michael Pompeo said earlier Friday that the USA would grant eight temporary waivers for countries to keep importing Iranian crude oil after sanctions snap back on Monday. "It is obviously impossible to exclude Iranian oil from the market", Kardor told ISNA. Those that buy oil from Iran after the cutoff could be penalized, through fines or exclusion from the USA financial system.

Donald Trump's administration said that all sanctions on Iran, which were lifted under the 2015 nuclear deal, are to be reimposed.

The US will grant partial exemptions, known as waivers, to eight governments on condition that any purchases from Iran are at "greatly reduced levels", Secretary of State Michael Pompeo said on Friday.

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