Trump vows new sanctions on already heavily sanctioned Iran

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Courtesy: MGN Online

WASHINGTON (AP) – President Donald Trump says his administration will immediately impose new economic sanctions on Iran in response to Iranian missile strikes on U.S. bases in Iraq.

The vow left many wondering what’s left to sanction, since the Trump administration has already reimposed all the U.S. sanctions that were eased under the 2015 nuclear deal.

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But it still has room to boost the penalties. It can expand existing sanctions on Iran’s financial, energy, shipping and military sectors.

It also can target Iranian officials and their families with penalties, including asset freezes and travel bans. And it can raise the pressure by threatening foreign individuals and companies if they do business with designated Iranians.

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Bobbi McSwine joined the ABC 36 News Team in March 2020. She started as a Web Content Producer in November 2019. She was born and raised in Chicago, IL, known to many as the “Windy City.” She studied journalism at the University of Illinois in Urbana Champaign. While in school, she had a number of internships ranging from Free Spirit Media, ABC 7 Chicago and Illinois Public Media. She fell in love with writing in high school and paired that with a newfound passion for storytelling in college. She misses her hometown, but she loves the horses and rich history in Lexington. When she’s not working, she’s probably listening to music or binge-watching Netflix. She’s always looking to get to know more people in Central Kentucky, so feel free to shoot her a message on Facebook @BobbiWTVQ, follow her on Twitter @McSwineB_News, or send her an email at bmcswine@wtvq.com.