Trump Announces 'Major' New Sanctions Against Iran to Take Effect on Monday

Earlier in the day, Trump announced that a military action against Tehran was still on the table after Iran downed a US drone. The statement follows a separate announcement from the president, in which he stated that another round of anti-Iran sanctions is expected to be implemented as a means of preventing Tehran from developing nuclear weapons.

Trump tweeted that new sanctions against Iran would be imposed on 24 June.
"We are putting major additional Sanctions on Iran on Monday. I look forward to the day that Sanctions come off Iran, and they become a productive and prosperous nation again," he tweeted.
The US president again criticized what he described as the "terrible Obama plan", referring to the 2015 Joint Comprehensive Plan of Action (JCPOA), also known as the Iran nuclear deal.

On Saturday, Trump dubbed his plan of action "Let's make Iran great again," while speaking to reporters outside the White House.

Tensions between the US and Iran escalated following Thursday's downing of a US spy drone that Iran claimed was operating it its airspace. 

US Air Force CENTCOM Commander Joseph Guastella told reporters on Thursday that Tehran's claims regarding an American RQ-4 drone were wrong, and asserted that the unmanned aircraft did not violate Iran airspace.

IRGC Commander-in-Chief Major General Hossein Salami said on Thursday that the downing of the drone was a "clear message" to Washington that Tehran would "react strongly" to any aggression.

CENTCOM claimed that the downing of the drone was an attempt to disrupt the ability of the US to monitor the region following recent threats to international shipping and the free flow of commerce.

After the incident, both sides released maps of the drone's alleged flight path. While the map from Tehran showed that the unmanned aerial vehicle (UAV) was in Iran airspace, the US map claimed that it was in international airspace over the Strait of Hormuz.On Friday Trump announced that he had halted a "retaliatory" military strike against three sites in Iran 10 minutes before it was set to be carried out after deliberating that an estimated 150 Iranians would die in the attack.Tensions between the two nations have escalated since Washington unilaterally quit the 2015 Iran nuclear pact last year and reimposed economic sanctions on the Islamic republic.