Trump's new sanctions proposal; a repeat of maximum pressure with a promotional…

🔺🔻Trump's new sanctions proposal; a repeat of maximum pressure with a promotional appendix 🔹Scott Basset, the U.S. Treasury Secretary, today announced details of the U.S.'s alleged new plan for sanctions against Iran. 🔹Scott Basset's statements indicate that the plan the United States intends to unveil is similar to the maximum pressure campaign announced during Trump's first term. 🔹Scott Basset said each country has a specific timeline for halting its activities, and if countries do not take the necessary actions, we will act unilaterally through our authorities. 🔹He also stated: "U.S. Treasury: We have warned countries that facilitate the smuggling of oil from Iran and allow the use of their banks for the benefit of the Iranian regime." 🔹He clarified that countries will have a deadline to close activities identified by the Treasury, including closing branches of Iranian banks abroad.