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Here is what the president did…

President Donald Trump announced a new executive order adding even more sanctions against Iran in response to Iran shooting down a U.S. military drone in international airspace last week.

“Sanctions imposed through the executive order … will deny the supreme leader and the supreme leader’s office and those closely affiliated with him and the office access to key financial resources and support,” Trump said at a signing for the executive order. “The assets of Ayatollah Khamenei and his office will not be spared from the sanctions.”

“These measures represent a strong and proportionate response to Iran’s increasingly provocative actions,” Trump continued. “We will continue to increase pressure on Tehran until the regime abandons its dangerous and aspirations including the pursuit of nuclear weapons, increased enrichment of uranium, development of ballistic missiles, engagement in and support for terrorism, fueling of foreign conflicts, and belligerent acts directed against the United States and its allies.”

The Treasury Department released details of the new sanctions.

“Today’s designations reinforce the President’s action in issuing an Executive Order imposing sanctions on the Supreme Leader of the Islamic Republic of Iran as well as the Supreme Leader’s Office,” the statement said. “The President’s order will deny Iran’s leadership access to financial resources and authorizes the targeting of persons appointed to certain official or other positions by the Supreme Leader or the Supreme Leader’s Office. Moreover, any foreign financial institution that knowingly facilitates a significant financial transaction for entities designated under this Executive Order could be cut off from the U.S. financial system.”

“As a result of today’s action, all property and interests in property of these individuals that are in the United States or in the possession or control of U.S. persons must be blocked and reported to [the Treasury’s Office of Foreign Assets Control] OFAC,” The statement continued. “OFAC’s regulations generally prohibit all dealings by U.S. persons or within (or transiting) the United States that involve any property or interests in property of blocked or designated persons.”

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