According to US Treasury Department, the sanctions are aimed at Iran’s steel industry, eight senior officials and other sectors, namely, construction, manufacturing, textiles, and mining.
The sanctions are meant to force Iranian leaders into negotiations for a new nuclear agreement. Pompeo said at the White House, “We want Iran to simply behave like a normal nation”.
Although these sanctions severely damage Iran’s nation, both economically and politically, Tehran has declined Washington’s propositions.
After Iran hit two American military bases in Iraq, Trump tried to lower tensions with Iran by not striking back; however, he threatened Iran with “immediate” sanctions.