Trump hits Iran's economy as nuclear deal withers

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Trump hits Iran's economy as nuclear deal withers
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Trump piles pressure on Iran's economy with new sanctions aimed at stoking unrest among tens of thousands of Iranians working in the automobile sector

who talked tough on North Korea before two landmark summits with leader Kim Jong Un"I look forward to someday meeting with the leaders of Iran in order to work out an agreement and, very importantly, taking steps to give Iran the future it deserves," he said.Iran's Supreme National Security Council said it no longer considered itself bound by the agreed restrictions on stocks of enriched uranium and heavy water.

Uranium enriched to much higher levels than Iran's current stocks can be used as the fissile core of a nuclear weapon, while heavy water is a source of plutonium, which can be used as an alternative way to produce a warhead. He said that Iran was simply seeking to "save face" after "striking a deal which was not respected by the other side."The three European parties to the deal tried to save the accord with a trade mechanism meant to bypass reimposed US sanctions, but their attempt was dismissed by Iran's supreme leader Ayatollah Ali Khamenei as a "bitter joke."

"It is important to avoid any action that would prevent the enactment of the obligations by parties currently upholding the agreement or that might fuel an escalation," a French foreign ministry spokesperson said.

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