Iran nuclear deal: France condemns US move to re-impose sanctions

[DonViejo]

Source: BBC




France has condemned as "unacceptable" a US move to re-impose sanctions on companies trading with Iran.

The action from Washington followed President Donald Trump's decision to pull out of a landmark deal that sought to curb Iran's nuclear programme.

French Foreign Minister Jean-Yves Le Drian said European companies should not have to pay for the US decision.

The US says firms have six months to halt business and cannot enter into new contracts or they will face sanctions.

Read more: http://www.bbc.com/news/world-europe-44079831

[ananda]

1. They have 6 months, and then we have elections.

So they should just wait it out.

[downeastdaniel]

2. I believe this is the first protest attacking the asshole Iran by the Orange One...expect many more.

[LastLiberal in PalmSprings]

3. Expect the U.S. to be sanctioned by the rest of the world.

Once American businesses aren't allowed to operate offshore Trump will be getting major pressure from his corporate masters.

[watoos]

5. I don't think that American corporations

do business in Iran. The big question will be, will our allies, like France, go along with our sanctions and stop doing business with Iran or will they defy our sanctions?
Remember, Trump has threatened anyone who goes against us.

[PSPS]

6. Boeing lost $20 billon worth of orders

http://thehill.com/homenews/administration/386849-boeing-losing-20-billion-as-trump-withdraws-from-iran-pact

[LastLiberal in PalmSprings]

8. Just a reminder: there is no provision for withdrawing from the agreement. Trump has violated it.

There's a difference.

[no_hypocrisy]

4. It's one thing to pull out of the Iran Agreement.

It's another to start an agenda of persecution. That's not helping matters.

[mwooldri]

10. Trump violates the agreement by reimposing sanctions.

A deal is a deal. Trump is a deal breaker.

[Lonestarblue]

9. China and EU have potential power against the U.S.

Together, China and the EU have power against the U.S., but the question is whether they will use it. Both can make strategic decisions that will harm the U.S. in the long term, e.g., no more investment in U.S. manufacturing of autos and other durable goods that hurts U.S. jobs. The bank financing connections are a harder nut to crack, but the Euro has gained acceptance as a world currency and China and the EU could begin moving away from the dollar. Plus, foreign entities own about 45% of our national debt, with China being the largest creditor. With the opening of its new rail line to Tehran and other parts of the Mideast, China is unlikely to bow down to Trump’s wishes. So what might they do in retaliation on our debt? They could refuse to purchase more of our debt and hamper our ability to finance the government through borrowing. I’m sure Trump is ignorant of all economic consequences, but he may have just finally pushed the EU over the edge. Their businesses stand to lose far more than those in the U.S., and they already view the U.S. as an unreliable partner. They may decide that it's time to put the EU first and ignore that nation with declining economic power under Trump.

[mwooldri]

11. France stands to lose a lot.

Airbus, Peugeot/Citroen/Opel, Total... All have business with Iran.

No wonder the EU is discussing sanction blockers.