Economics
U.S. Sanctioning Iran’s Revolutionary Guard Corps, Trump Says
- Former agency official says latest action ‘wouldn’t do much’
- Iran warned in advance it would retaliate for any U.S. move
Trump Says Iran Deal Will Be Terminated Without Fixes
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While President Donald Trump said in his White House speech on Iran policy that the U.S. is imposing new sanctions on its Islamic Revolutionary Guard Corps, it wasn’t clear how far-reaching the latest move will prove to be.
“I am authorizing the Treasury Department to further sanction the entire Islamic Revolutionary Guard Corps for its support for terrorism, and to apply sanctions to its officials, agents and affiliates,” Trump said Friday at the White House. “I urge our allies to join us in taking strong actions to curb Iran’s continued dangerous and destabilizing behavior.”