Trump poised to re-impose sanctions on Iran

The Hill: The Trump administration on Monday is set to re-impose the first batch of Iran sanctions since the U.S. withdrew from the nuclear deal.
The more significant tranche of sanctions, including on oil sales, won’t come back into force until November.
But Monday’s action fires a shot across the bow, telling businesses, European allies and Iran that President Trump is serious about keeping the United States out of what he’s called the “worst deal ever negotiated.”
Trump announced in May that he was withdrawing the United States from the 2015 accord with Iran, Germany, France, the United Kingdom, Russia and China.
The deal, negotiated by the Obama administration, lifted sanctions on Tehran in exchange for curbs on its nuclear program.
Rather than immediately re-impose sanctions in May, the Trump administration gave companies doing business with Iran two “wind-down” periods.
Since the May announcement, administration officials have left the door open to sanctions waivers, but have been working to convince businesses to cut ties with Iran and have warned they won’t hesitate to sanction even those in allied countries.
The more significant wind-down was a 180-day period that ends Nov. 4. Sanctions that can be put back into place on that date target Iran’s energy and banking sectors.
Monday ends another, 90-day period after which the U.S. can sanction transactions with U.S. dollar banknotes; trade in gold and precious metals; direct or indirect sales of graphite, raw or semi-finished metals; and Iran’s automotive sector.