BREAKING: Trump Restores Sanctions On Iran With Executive Order

  President Donald Trump reimposed a series of economic sanctions on Iran with an executive order Monday. President Trump wrote a statement, which was sent to reporters. Trump explained the Iran nuclear deal gave Iran the economic resources necessary to fund terrorism around the world and a possible path for nuclear weapons. 

  Trump wrote, "The JCPOA, a horrible, one-sided deal, failed to achieve the fundamental objective of blocking all paths to an Iranian nuclear bomb, and it threw a lifeline of cash to a murderous dictatorship that has continued to spread bloodshed, violence, and chaos." 

  Trump added, "The United States continues to stand with the long-suffering Iranian people, who are the rightful heirs to Iran’s rich heritage and the real victims of the regime’s policies. We look forward to the day when the people of Iran, and all people across the region, can prosper together in safety and peace.”

  The reimposed sanctions will smack Iran's precious metals trade, gold, and its automotive industry. The reimposed sanctions will officially start on August 7, 2018. Other sanctions on the oil industry are expected to to resume on November 5, 2018.