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Trump warns of more sanctions on Iran but not much is left for US to target

The new sanctions "will be a further effort to ensure that their capacity not only to grow their economy but to evade sanctions becomes more and more difficult," Pompeo said.

Donald Trump
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Bloomberg
US President Donald Trump threatened Iran with additional sanctions on Monday, but there’s not much left for the US to target because most of the Islamic Republic’s economy has been crippled by earlier penalties. The US is already sanctioning significant sectors including oil, banks and steel, leaving smaller targets including certain exports and government officials. Trump could also hit Iran’s central bank with secondary sanctions, at the risk of hurting humanitarian trade.
 
“The Donald Trump administration has already hit most of Iran’s cash-earning exports and pushed the country into a deep recession this year,” said Peter Harrell, a fellow