Iran's Foreign Minister Javad Zarif says US sanctions are 'economic terrorism'
Source: ABC News
By LUIS MARTINEZ
Jun 2, 2019, 9:30 AM ET
Iran will not be intimidated by President Trumps "art of the deal pressure" by using economic sanctions to push Iran to negotiate a new nuclear deal, the country's top diplomat told ABC News.
In an exclusive interview, Iranian Foreign Minister Javad Zarif also told "This Week" Co-Anchor Martha Raddatz that "there will be consequences" if the United States keeps up its economic pressure campaign against Irans people.
There was jubilation in the streets of Tehran four years ago in hopes that the lifting of economic sanctions under the nuclear deal -- worked out between the United States, Iran and the European Union -- would improve living conditions. But when the Trump administration imposed the sanctions again, the double digit economic growth of recent years was replaced by an economic downturn, as Irans oil exports have plunged.
The International Monetary Fund says Irans economy shrank by 3.9% and inflation spiked 31% in 2018, with predictions it could rise to 37% this year.
Read more: https://abcnews.go.com/Politics/irans-foreign-minister-javad-zarif-us-sanctions-economic/story?id=63355661