Reprinted with permission from Shareblue.com
Trump’s decision to violate the Iran nuclear deal is prompting the European Union to take action in direct rebuke of America. The EU will invoke a rarely-used trade law which would circumvent sanctions on Iran and try to salvage relations.
European Commission President Jean-Claude Juncker said the group plans to invoke a blocking statute. The effect of the statute would be to ban European companies from complying with U.S. sanctions on Iran.
Iran has successfully complied with international inspections of nuclear facilities. Yet Trump, desperate to undo the accomplishments of President Obama, plans to reinstate the sanctions that were lifted in exchange for Iran halting nuclear production.…