Economics
Trump to Add Major Sanctions on Iran Monday After Drone Downed
- President has been at Camp David for meetings, calls on Iran
- Bolton says ‘forbidden for Iran to have a nuclear weapon’
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President Donald Trump said the U.S. will impose major new sanctions on Iran Monday, days after he abruptly called off a plan for airstrikes against the Islamic Republic after Iran shot down a U.S. Navy drone.
The sanctions move, announced on Twitter with no additional detail, came as Trump spent the day at the Camp David presidential retreat having meetings and phone calls. The president foreshadowed the sanctions action earlier, in remarks at the White House.