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US hits head of Iran's central bank with terror sanctions

The United States escalated its financial pressure on Iran Tuesday by slapping terror sanctions on the head of its central bank and barring anyone around the world from doing business with him, underscoring President Donald Trump's hard line after his withdrawal from the Iranian nuclear accord upset European allies.

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Typically, when the U.S. punishes individuals with sanctions, it prohibits Americans or U.S. companies from doing business with them. In this case, the U.S. chose to also impose "secondary sanctions," which also apply to non-Americans and non-U.S. companies. That means that anyone, in any country, who does business with Seif or Tarzali could themselves be punished with sanctions, cutting them off from the U.S. financial system.

https://www.chron.com/news/politics/amp/US-hits-head-of-Iran-s-central-bank-with-terror-12915764.php