Trump rolls back Iran funding mechanism that Obama, Kerry set up for the regime

There is a reason why POTUS Donald Trump believes that Obama’s second secretary of state, John Kerry, violated the Logan Act when he held secret negotiations with Iran last year: Because he thinks Kerry was trying to save a “nuclear deal” that included a generous revenue stream Tehran has used to spread terror that also threatens U.S. personnel.

This week the president ramped up sanctions against Iran by, in part, curtailing an arrangement that Obama and Kerry set up which provided a steady stream of funding, as the Washington Free Beacon reported:

In announcing another round of sanctions on Iran this week, the Trump administration took unprecedented steps to roll back a series of cash windfalls authorized by the Obama administration that have lined the extremist regime’s pockets and enabled it to make strides in its ballistic missile technology, according to policy experts.

President Donald Trump, on the anniversary this week of leaving the landmark nuclear deal, issued another salvo of sanctions that target Iran’s lucrative iron, steel, aluminum, and copper sectors. Each of these arenas has helped Iran’s hardline regime stockpile billions in cash as the country’s economy teeters on the brink.

The sanctions represent “the first significant expansion of sectoral sanctions since 2013,” according to veteran foreign policy analysts at the Foundation for Defense of Democracies, or FDD, a think-tank that enjoys close ties with the Trump administration.

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