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US announces sanctions on Iran metals industry

The latest of several recent sanctions from the Trump administration includes designations of companies based in the United Kingdom, Germany and China.
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The United States placed sanctions on companies connected to Iran’s metals industry Tuesday. The Trump administration’s continued use of sanctions could complicate the foreign policy of President-elect Joe Biden.

The State Department announced Tuesday new sanctions on steel, mining, industrial and construction entities. Thirteen of the firms are based in Iran. These include Pasargad Steel Complex, based in Tehran, and Vian Steel Complex, which describes itself as “Iran's second largest privately owned steel-maker.”

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