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US has already imposed increased sanctions on Iran: Trump

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Reuters
Reuters
Reuters is an international news organisation owned by Thomson Reuters

WASHINGTON: US President Donald Trump said on Thursday the United States has increased sanctions on Iran after a missile strike this week on Iraqi bases housing American military personnel, but gave no other details.

“It’s already been done. We’ve increased them. They were very severe, but now it’s increased substantially,” Trump told reporters at the White House. “I just approved it a little while ago with Treasury.”

Trump did not elaborate on the new sanctions and said the Treasury Department would make a statement.

The U.S. president on Wednesday promised to “impose additional punishing economic sanctions on the Iranian regime” after Iran launched missile strikes on the bases in Iraq.

There were no casualties in Tuesday night’s attacks, which were carried out in retaliation for a U.S. drone strike last week that killed senior Iranian leader Qassem Soleimani.

Iran fired missiles on Wednesday at bases in Iraq where U.S. troops were stationed in retaliation for the killing in a U.S. drone attack of powerful Iranian general Qassem Soleimani in Baghdad on Jan. 3.

The actions followed months of tension that has increased steadily since Trump pulled the United States out of Iran’s nuclear pact with world powers in 2018 and reimposed sanctions that have driven down Tehran’s oil exports and hammered its economy.

Trump told Americans in an address on Wednesday: “The fact that we have this great military and equipment, however, does not mean we have to use it. We do not want to use it”.

The Iranian missiles fired on military bases in Iraq had not harmed any U.S. troops, he said. Iran “appears to be standing down, which is a good thing for all parties concerned,” he said.

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