U.S. Hesitates Over Scope of Finance Sanctions on Iran

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The Trump administration, days before imposing sanctions aimed at the heart of Iran’s economy, is wrestling with a decision critical to its pressure campaign: How hard to push European allies to cut off the country from the global banking system.
Treasury Secretary Steven Mnuchin signaled that the U.S. may not force Belgium-based financial-messaging service Swift to disconnect Iranian banks from the global banking network. The secretary has told foreign governments the U.S. could take a less-confrontational approach, according.to the reports.

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