U.S. reimposes Iran sanctions today lifted under nuclear deal

 | Amir Tibon 08/07/2018 10:33 AM MDT
Credit: State.gov

WASHINGTON – The Trump administration's decision to reimpose sanctions on Iran went into effect at midnight on Tuesday.

The sanctions will touch a wide range of economic areas, including trade in coal, aluminum and steel from Iran; trade in gold and other precious metals from Iran; and business with Iran's automotive sector.

A senior American official said Monday evening that there will not be exceptions for these sanctions, which will be "fully enforced" in an "aggressive" manner, including against companies from allied countries. "We've seen company after company announce that they are getting out of Iran," the official said. "This pressure is already working."