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Trump vows new sanctions on Iran in bid to escalate 'maximum pressure' campaign

David J. Lynch

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Washington | President Donald Trump's vow on Thursday (AEDT) to slap new sanctions on Iran would likely target a broader range of Iranian commercial institutions and government officials, deepening the Persian nation's spiralling economic crisis.

But with the economy already convulsed by earlier US enforcement actions, any new financial punishments are likely to be largely symbolic, according to sanctions specialists and experts on Iran.

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