U.S. Issues New Warning to Europe: End Business With Iran or Face Harsh Sanctions

Iran Foreign minister Mohammad Javad Zarif meets with representatives of the European Union for Foreign Affairs

Iran Foreign minister Mohammad Javad Zarif meets with representatives of the European Union for Foreign Affairs / Getty Images

 

Trump admin, Congress issue warnings that could impact international financial institutions

Congress and the Trump administration are issuing a stern warning to European partners: End all business ties with the Iranian regime or face harsh new sanctions in the coming months, a move that could impact international financial markets and U.S. banks tied to foreign monetary institutions, according to multiple senior U.S. officials who spoke to the Washington Free Beacon about diplomatic efforts to pressure Europe on Iran. Continue reading

U.S. Seeks to Thwart Iran Flying Millions in Cash Out of Germany

Foreign ministers including Iranian Foreign Minister Javad Zarif and German Foreign Minister Heiko Maas take part in a Comprehensive Plan of Action ministerial meeting on the Iran nuclear deal

Foreign ministers including Iranian Foreign Minister Javad Zarif and German Foreign Minister Heiko Maas take part in a Comprehensive Plan of Action ministerial meeting on the Iran nuclear deal / Getty Images

 

Iran in need of cash after President Trump reimposed sanctions

Top Trump administration officials are working to stop Germany from allowing Iran to fly more than $350 million in cash out of the country and back to Tehran as part of a bid by the Iranian regime to restock its coffers ahead of a major financial crackdown by America, according to conversations with senior U.S. diplomats and officials on Capital Hill.

The Trump administration is already working to stop the German government from allowing this transfer following weekend reports that Iran is poised to fly around 300 million Euros out of the country as part of an ongoing scheme to skirt tough new U.S. economic sanctions, which were put back into effect after President Donald Trump decided to abandon the landmark nuclear deal. Continue reading

Europe Plotting to Undermine New U.S. Sanctions on Iran

Iran's Foreign Minister Mohammad Javad Zarif, France's Foreign Minister Jean-Yves Le Drian, and Germany Foreign Minister Heiko Maas

Iran’s Foreign Minister Mohammad Javad Zarif, France’s Foreign Minister Jean-Yves Le Drian, and Germany Foreign Minister Heiko Maas / Getty Images

 

Lawmakers working to ensure harsh repercussions for skirting new U.S. sanctions

European countries are currently examining a range of options to counter the reimposition of harsh U.S. sanctions on Iran in a bid to continue doing business with the Islamic Republic, a move that is being met with chilly reception on Capitol Hill, where lawmakers are already putting in place measures to ensure that any European nation caught skirting U.S. sanctions faces harsh repercussions, according to a new policy paper being examined by lawmakers and viewed by the Washington Free Beacon. Continue reading