EU Unveils Plans To Block Donald Trump’s Sanctions Against Iran
Leaders approve 'blocking clause' to protect European companies. Brussels has unveiled details of measures that would block American sanctions against European companies trying to do business with Iran, in a bid to head off Donald Trump’s new economic assault on the Middle Eastern county. The US president announced the re-introduction of the anti-Iran sanctions as he confirmed US was breaking the international deal designed to put a stop to the country’s nuclear programme – with the end to sanctions as a reward for compliance. Mr Trump’s administration has not ruled out hitting European companies that trade with Iran with its new measures, so the EU has now responded by updating a “blocking statue” originally meant to circumvent a the US embargo against Cuba in the 1990s.