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Trump threatens economic penalties on countries doing business with Iran

Reported · Written up by our desk · Trade & Tariffs

President Trump has threatened economic penalties targeting countries that do business with Iran, as he seeks to increase pressure on Tehran to negotiate an end to the war, according to The New York Times.

The plan is aimed at expanding economic pressure beyond Iran itself by raising the costs for third countries tied to Iran’s economy.

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Sources

NYT EconomyWhich Countries Could Be Hurt Most by Trump’s Plan to Hit Iran’s Economy?

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