WASHINGTON — The Trump administration announced new sanctions on Iran Friday, a modest turn of the economic screws on a country already facing hundreds of U.S. sanctions that have devastated the Iranian economy but produced no measurable impact on government policies.
The move marks the administration’s first concrete response to Iran’s missile strikes early Wednesday on two Iraqi bases that house U.S. troops, and it underlined the limited options for the White House — short of direct military action — as it seeks to pressure Iran to bend to its will.
The latest sanctions targeted Iran’s construction, manufacturing and mining industries, the …read more
Source:: San Francisco Chronicle