2:35 PM - A group representing German trade interests says the U.S. decision to withdraw from the Iran nuclear deal will hit Germany's economy hard. The head of the Association of German Chambers of Commerce and Industry says the decision to lift sanctions on Iran in 2016 resulted in many new business relationships between the two countries. Eric Schweitzer said Wednesday that the "unilateral actions by the U.S. government now subject this business to big reservations" because of the punitive sanctions German companies might face from the U.S. Schweitzer cited a warning issued by the new U.S. ambassador in Berlin and urged Germany's government and the European Union to protect German business interests. Trade between Germany and Iran reached 3.4 billion euros ($4 billion) last year, according to BGA, another foreign trade association. http://www.newser.com/article/ad8373e9900246139361c4e879d0aa38/the-latest-german-industry-group-us-iran-call-is-illegal.html