Reuters: U.S. Treasury's Mnuchin: Revoking Boeing, Airbus licenses to sell jets to Iran
WASHINGTON (Reuters) - Licenses for Boeing Co (BA.N) and Airbus (AIR.PA) to sell passenger jets to Iran will be revoked, U.S. Treasury Secretary Steve Mnuchin said on Tuesday after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement.
Trump said he would reimpose U.S. economic sanctions on Iran, which were lifted under the agreement he had harshly criticized.
The pact, worked out by the United States, five other world powers and Iran, lifted sanctions in exchange for Tehran limiting its nuclear program. It was designed to prevent Iran from obtaining a nuclear bomb.
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WNU Editor: I have been tallying the economic costs and impact of these new sanctions .... it literally runs in the tens of billions of dollars. The biggest impact will be on the oil industry. It will now be very difficult for Iran to modernize its oil refineries and production facilities, and doubly so in trying to sell its oil to foreign buyers .... Iran oil exports to Europe, Asia at risk following Trump decision (Reuters).
10 comments:
Good now let my people go
Gosh..I imagine there will be a number of other nations who will make and sell planes to Iran and thus Iran will have the planes it wants and American workers will lose a buyer
Good now let my people go
So American business loses $billions, jobs and America is about to lose another war in Asia. Is that number 3, 4? I've lost track.
At least we made Bibi happy!
and GOP and Trump voters
Not really,when those countries banks won't touch the funds
"The Capitalists will sell us the rope with which we will hang them." - Lenin
"Hey guys, let's sell some rope to Iran" - Fred
The Iranian regime could fall in a year.
Two years from now the Iranian could be buying planes from France & the U.S. again.
This could go both way , either iran regim collapse and that a big one , or iran get the bomb and trump be the guy who did it , this a big gamble
China will sell its plane to iran
China will sell the planes, if its plants have the production capacity.
Iran already has the bomb. Why do you thin k the Iranians observed the North Korean nuclear bomb tests? THANX OBAMA!
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