Trump administration hits Iran with new economic sanctions

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WASHINGTON – The Trump administration announced new sanctions on Iran Friday, the latest move in a series of actions that reflect escalating tensions in the past week that nearly brought the two nations to the brink of war.The new sanctions are designed to “stop the Iranian regime’s global terrorist activities,” Treasury Secretary Steve Mnuchin said of penalties he said affects industries including construction, manufacturing, textiles, mining, steel and iron. […]

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