November 1, 2018

ALL RHODES LEAD TO TEHRAN:

Trump Admin Poised to Cave on Iran Sanctions (Adam Kredo, November 1, 2018, Free Beacon)

The Trump administration is poised to offer a series of major concessions to Iran that will let it escape key economic sanctions that the administration once vowed would kick back into force in the next several days, according to multiple U.S. officials and administration insiders familiar with the state of play. [...]

While President Donald Trump vowed to enforce a bevy of new sanctions, senior officials in both the State and Treasury Departments caved to pressure from European allies and Iran, officials confirmed to the Washington Free Beacon.

Iran is now set to continue doing business on the international banking system known as SWIFT, sources said. Additionally, the Trump administration will grant waivers to several countries allowing them to continue purchasing Iranian oil, another concession that the administration once said would not take place.

Posted by at November 1, 2018 4:39 PM

  

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