Economics
Trump Plans Extension of Iran Sanctions Waivers, Official Says
- White House weighs new sanctions on missiles, human rights
- Congress also considering measure to toughen Iran restrictions
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U.S. President Donald Trump plans to extend waivers on sanctions against Iran mandated under the 2015 nuclear deal while preparing new sanctions targeting human rights and cyber violations allowed under the accord, according to two administration officials familiar with the matter.
Trump must decide by Friday whether to continue relief from 2012 sanctions that cut off Iran’s central bank from the global financial system. Waiving those restrictions was required under the agreement that Iran reached with world powers in exchange for curbing its nuclear program, and reimposing them would effectively scuttle the deal.