US sanctions 'possible' on European companies doing business with Iran

Mike Pompeo

The Iranian government issued a statement today saying Europe needs to "to move from giving pledges to taking practical steps without any preconditions".

President Donald Trump delivered on his election promise of making America pull out of the Iran nuclear deal which was signed in 2015.

Part of the flaw with the Iran deal that President Donald Trump rejected was it enticed Europe and the US into economic relations with Iran that would work against holding the country accountable for violations of the agreement, Bolton said.

President Donald Trump frustrated key European allies when he withdrew the USA from the Obama-era Iran nuclear deal last week and signed an order reimposing sanctions on Iran that had been in place prior to the deal.

The proposals are similar to an EU regulation that passed in 1996 and permitted European companies to ignore U.S. sanctions as well as companies from being punished by courts by ensuring decisions by foreign governments would not be upheld. Mr. Bolton, a National Security Council spokesman said, consulted widely with his colleagues and European allies on Iran.

More news: Sanctions on European countries 'possible,' says Trump adviser

The U.S. withdrawal from the Iran deal has upset Washington's European allies, cast uncertainty over global oil supplies and raised the risk of conflict in the Middle East.

"Europeans are going to face the effective US sanctions, already are, really, because much of what they would like to sell to Iran involves USA technology, for which the licenses will not be available", the national security adviser said. "It's a UN Security Council Resolution and it belongs to the entire world", she said. "You can't say honestly that Iran didn't violate the deal, because we don't have adequate inspections".

Bolton struck a more hawkish tone with his comments in an interview with CNN's "State of the Union" program than Pompeo did when he was interviewed on "Fox News Sunday".

Raddatz asked if moving the embassy from Tel Aviv to Jerusalem would make it harder or easier to achieve a peace deal between Israel and Palestinians, who want east Jerusalem as their capital.

"I think at the moment there's some feeling in Europe - they're really surprised we got out of it, really surprised at the reimposition of strict sanctions. I think recognizing reality always enhances the chances for peace".

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