EU Threatens European Firms That Comply With Trump's Iran Sanctions

European firms that cut ties with Iran over new US sanctions which kicked in at Midnight might find themselves subject to sanctions of their own, warned an EU official. 

“If EU companies abide by U.S. secondary sanctions they will, in turn, be sanctioned by the EU," Nathalie Tocci, an aide to the EU’s foreign policy chief Federica Mogherini, told BBC Radio 4 on Monday, according to NBC News.

The EU is helping Iran "In order to signal, diplomatically, to the Iranians that Europeans are serious" about trying to salvage the Iran nuclear deal - which President Trump pulled out of in May, sending former US Secretary of State John Kerry running around Europe and the UN to try and nurse his baby back together. 

At midnight Monday, the U.S. began targeting oil-rich Iran's automotive industry and civil aviation sector, as well as trade in gold and other metals in a set of punitive measures that had been eased under Trump’s predecessor, Barack Obama.

Trump has called for a wholesale overhaul of Iranian regional policies, such as an end to its military support for the Syrian government and regional militant groups like Lebanon's Hezbollah. The 2015 pact did not curb these actions, one reason Trump has called the agreement "the worst deal ever." -NBC News

Early Tuesday morning, President Trump tweeted "Iran sanctions have officially been cast," adding "Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!" 

German car manufacturer Diamler announced on Tuesday that it had halted its activities in Iran

“We will continue to closely monitor the political developments, especially in connection with the future of the nuclear agreement,” the company said in a statement.

And in June, Peugeot's parent company PSA took steps to suspend a joint-venture in Iran, while rival Renault also agreed to follow the US sanctions. 

French oil giant Total has said it would quit a multibillion-dollar gas project if it cannot secure a waiver from the sanctions — a request the French government says had been rejected. -NBC News

The move follows comments made in May by US Ambassador to Germany, Richard Grenell, who warned firms against continuing to do business with the Islamic Republic or risk consequences. 

“U.S. sanctions will target critical sectors of Iran’s economy. German companies doing business in Iran should wind down operations immediately,” he tweeted.

International inspectors, meanwhile, say Iran has been complying with the nuclear deal to cut back its nuclear program as the US prepares to reimpose the remainder of sanctions lifted in the agreement - targeting Iran's oil sector and central bank

America has also pressured allies to stop importing oil from Iran before the November deadline. Top buyers of Iranian oil include China, India, Turkey and South Korea.

The effects on Iran of Washington's hardening stance have been stark, with Iran's rial currency losing two-thirds of its value in six months. -NBC News

***

As a reminder, on Tuesday, following an executive order signed by Trump, the U.S. imposed new restrictions intended to stop the purchase of dollar banknotes by Iran, prevent the government from trading gold and other precious metals and block the nation from selling or acquiring various industrial metals. The measures, which took effect at midnight in Washington, also targeted the auto industry and banned imports of Persian carpets and pistachios to the U.S.

There were some signs Trump's aggressive policy was already working. Yesterday, Iran's President Hassan Rouhani, under rising economic and political pressure, spurned President Donald Trump’s suggestion for talks with “no preconditions.” However, in a televised address on Monday night, Rouhani also said Iran is open to negotiations if the U.S. is “sincere,” but he added that such talks would be meaningless while his nation is being hit with sanctions. Trump and his top aides have raised the possibility of face-to-face discussions with Rouhani with “no preconditions.”

“Negotiations at the same time as sanctions, what meaning does that have?” Rouhani said. “It means someone is facing a person who’s a rival and enemy, if they use a knife and they stick the knife in their arm and then they say, ‘Let’s negotiate and let’s talk.’ The response to this is first all, they have to take the knife out and put the knife back in their pocket.”

Rouhani also scoffed that despite his offer for talks, Trump “is someone who, without any negotiation, has withdrawn from all of his international commitments,” from trade accords to the Paris climate agreement.

Iran’s Foreign Secretary Javad Zarif tweeted that the “Trump Administration wants the world to believe it’s concerned about the Iranian people. Yet the very first sanctions it reimposed have canceled licenses for sales of 200+ passenger jets under absurd pretexts, endangering ordinary Iranians. US hypocrisy knows no bounds.”

At the same time, Europe condemned Trump's action saying it would block their effect for European companies. “We deeply regret the re-imposition of sanctions by the U.S., due to the latter’s withdrawal from the Joint Comprehensive Plan of Action (JCPOA),” according to a statement Monday from the foreign ministers of the U.K., Germany, France and the European Union. “Preserving the nuclear deal with Iran is a matter of respecting international agreements and a matter of international security.”

Meanwhile, in an attempt to halt its sharp economic deterioration, Iran’s central bank scrapped most currency controls introduced this year on the eve of the U.S. move, in a bid to halt a plunge in the rial that has stirred protests against the government. As Bloomberg reports, under the measures, Iran's central bank will let the market determine the rate of foreign-exchange transactions except the imports of essential goods and drugs, Governor Abdolnaser Hemmati told state television Sunday night. Licensed currency houses whose trading had been halted will be allowed to resume operations from Tuesday.

But the policies backfired, with the rial weakening from 40,000 at the start of the year, to more than 100,000 to the dollar on the black market this month.

Comments

Scar Bro the artist Tue, 08/07/2018 - 17:36 Permalink

Fuck JEWSA. The EU will now turn towards Russia. That will leave the U.S and their only ally, ISRAEL. Good luck with that shit. Cucked = Americans with no foreskins. Seriously guys, if you aren't even allowed to have a foreskin how the FUCK can you claim anyone else is cucked.... "oh but its more hygenic!!" said Dr shvitsenbaum

In reply to by the artist

Squid-puppets … beemasters Tue, 08/07/2018 - 18:08 Permalink

I read this and see the influence at work of the Organisation of Islamic Co-operation 

 

https://en.wikipedia.org/wiki/Organisation_of_Islamic_Cooperation

 

"~an international organization founded in 1969, consisting of 57 member states, with a collective population of over 1.3 billion ~. OIC is 2nd largest inter-governmental organization after UN. ~ The OIC has permanent delegations to the United Nations and the European Union

 

You all know every European nation is shitting itself and doesnt want to be the zerg-beacon location of the continental Outbreak of ISIS, right ?

In reply to by beemasters

fleur de lis roea.rita Tue, 08/07/2018 - 21:48 Permalink

Iran should not even be on the table.

Once upon a time Iran was ruled by a Shah and like him or not he was the leader.

The Swamp dwellers started complaining that the Shah was not nice enough, he would not allow Iran to be a narcotics conduit, he was asking for a bigger oil cut for Iran, etc., and so the Swampites started looking around for a replacement.

So they found some weird Iranian preacher who had been exiled to Paris and decided that he would do just fine, since he seemed stupid and pliable enough. 

They all cut a deal and the fix was in.

Then the DC Swamp figured that they could overturn Iran with their shiny new puppet, and whatever Iran morphed into they could handle it since Swamp dwellers are so smart.

As usual, the Swamp was dead wrong.

And as usual, the upheaval visited death on every family, draconian rules kept the population terrified and under control, and carnage spread everywhere thanks to the smartie Swamp dwellers, and untold numbers of Iranians were put to death for infractions great and small.

That was okay with the Swampites, but what they thought was worse than that, was that the shiny new puppet double crossed them and told them to shut up and get lost and stop interfering while they were busy mass murdering.

Iran 1 Swamp 0

 

In the decades that followed the Swampites were distracted by other invasions, bloodlettings, and various oil wars, but they never forgave the Iranians for outsmarting them.

If the Swamp dwellers had any brains in their very empty heads, they would have recalled that even the Romans considered the Persians extremely dangerous and unpredictable adversaries, and dealt with them very carefully as such.

But since Swampites consider themselves smarter than Romans they underestimated and grossly misunderstood their target nation.

Now they are trying to fix Iran again.

Just like last time.

And just like last time, their stupid project will spin out of control in unexpected directions while the carnage starts all over again, and Iran will morph into something else unfamiliar again.

Way to go Swamp -- you just don't know when to stop do you.

 

In reply to by roea.rita

lock-stick fleur de lis Wed, 08/08/2018 - 00:02 Permalink

It's all ONE SICK, PATHETIC SPAMMER!!!

•• roea.rita (above)

•• Adolfsteinbergovitch (above)

•• Sanctificado (above)

•• Free This (coming soon, in all his 7th grade glory - JACKASS  as new icon!)

....and all the while, the pathetic little SPAMMER sits in his leaky, moldy, smelly single wide in Western New York, surrounded by garbage and dirty clothes, trying to find his dick amidst rolls of fat, talking to his ACTION FIGURES and wondering where his life went.

 

It's all ONE SICK, PATHETIC LIDDLE SPAMMER!!!

In reply to by fleur de lis

Lea platyops Wed, 08/08/2018 - 03:41 Permalink

No, it's not very good. It's actually totally misinformed.

Just Google "Iran coup 1953" or "Operation Ajax". The first Wikipedia link in either of the two searches will do for a quick read, but there is plenty more. A vast amount of files have been declassified years ago, so there is very little we don't know.

Note: It's quite unforgivable, given the plethora of information on the issue, to be THAT misinformed. And on top, it's not like fleur de lis can't read or anything like that. 

 

In reply to by platyops

fleur de lis Lea Wed, 08/08/2018 - 08:58 Permalink

This does not refer to 1953, but the Iranian takedown of 1979.

The Swamp meddled every time.

And don't blame the Shah, he completely underestimated the depth of depravity that controls DC power. 

His father was also Shah, and left to himself he could have ruled Iran well enough.

But AS YOU SHOULD KNOW BY NOW all revolutions and bloodlettings are planned by central bankers.

Mossadegh was not the angel you think, either.

He never would have gotten as far as he did if the central bankers did not want him to.

Something went wrong and they went to plan B.

As the Shah got older and understood the matrix better, he tried to clean off the spider web.

He refused to let Iran become a narcotics conduit, but the Swamp dwellers saw to it that after his exile, heroin destroyed millions of Iranian lives.

Since Iranian oil was controlled by outsiders, and Iran's rapidly growing development required more money, the Shah asked for then demanded more of Iran's own oil money.

Then he committed the biggest transgression of all and went on TV to explain how things worked.

That clip is difficult if not impossible to find.

No, you are the one who is severely misinformed if you turn to Wiki to explain Swamp scams.

 

In reply to by Lea

Sudden Debt tmosley Tue, 08/07/2018 - 18:08 Permalink

I don't believe there are EU citizens who actually want that our countries trade with Iran or any of those crappy countries... our muslim problem just gets worse and we're giving them money?????

WHY??? Trump is the only sane person on the planet so it seems... 

when you read that shit, you really start to believe there's a bigger agenda where they want to tear up our fabric of society

 

In reply to by tmosley

Oldguy05 Sudden Debt Tue, 08/07/2018 - 18:34 Permalink

Viktor Orbán of Hungary and Italy's new guy....forget his name, seem to be sane.

 

The EU:

You suck my blood like a leech
You break the law and you preach
Screw my brain till it hurts
You've taken all my money and you want more,

Misguided old mule
With your pigheaded rules
With your narrow-minded cronies who are fools of the first division-

Death on two legs
You're tearing me apart,
Death on two legs
You never had a heart of your own

In reply to by Sudden Debt

PeaceForWorld Oldguy05 Wed, 08/08/2018 - 02:31 Permalink

Viktor Orbán is also anti-Zionist and he kicked Soros out of Hungry.

Italian Matteo Salvini is against Zionist Jews. You have to know the history, Italians love Iranians.

But yes, I agree with them for being anti immigration for Sunni-Wahhabi or African economic migrants.  But they have always been welcome to Iranian migrants. Because Iranian migrants are always smart/educated/non-religious and they assimilate with Western cultures. 

In reply to by Oldguy05

the artist Scar Bro Tue, 08/07/2018 - 17:49 Permalink

The word Gibberish comes to mind. You are all over the place. 

1. If you are anti-US/Israel relations then wouldn't it be a good thing that the US is further isolating itself???

2. Who cares if the EU turns toward Russia? Why is that a problem? Isn't Russia anti-Israel?

3. When did the US begin mandatory circumcision? I admit that I let my scrip to AJoP lapse. 

4. What does circumcision have to do with being cucked? 

5.  What do you mean it is more hygienic?

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5478224/

In reply to by Scar Bro

hooligan2009 Scar Bro Tue, 08/07/2018 - 18:27 Permalink

the EU will now build a thousand mosques and be terrorized until it adopts sharia law and its women go take their periods in huts at the end of the garden. you do know that muslims circumcize boys and girls right?

here's a little reminder from your socialist state propaganda machine the BBC on this very topic.

http://www.bbc.co.uk/religion/religions/islam/islamethics/malecircumcis…

enjoy your new world farting in your buddies face whilst the women go "worship" outside your mosque because they are not allowed to fart alongside you.

In reply to by Scar Bro

Matteo S. the artist Wed, 08/08/2018 - 01:25 Permalink

Totally wrong.

 

The EU is just giving european companies the legal tools to defend themselves against US extraterritorial judicial bullying through CAATSA, Cloud Act and other US pirat’s laws and US pirat courts.

 

This is a weak defense since in the end it is a matter of White House, US federal agencies and courts arbitrary imperial bullying. For the US, extraterritorial law is just the veil of force and imperialism.

 

So the only efficient answer to US bullying would be european countries, Russia, India, China, ... etc, to declare all of them will strike back on the US with same sanctions inflicted on any of them by the US.

 

The US needs the rest of the world far more than the rest of the world needs the US.

 

It is time Exceptionalistan learns it and minds its own business.

In reply to by the artist

Matteo S. the artist Wed, 08/08/2018 - 01:25 Permalink

Totally wrong.

 

The EU is just giving european companies the legal tools to defend themselves against US extraterritorial judicial bullying through CAATSA, Cloud Act and other US pirat’s laws and US pirat courts.

 

This is a weak defense since in the end it is a matter of White House, US federal agencies and courts arbitrary imperial bullying. For the US, extraterritorial law is just the veil of force and imperialism.

 

So the only efficient answer to US bullying would be european countries, Russia, India, China, ... etc, to declare all of them will strike back on the US with same sanctions inflicted on any of them by the US.

 

The US needs the rest of the world far more than the rest of the world needs the US.

 

It is time Exceptionalistan learns it and minds its own business.

In reply to by the artist