Mercedes Just Made Iran’s Situation Worse! Look What They Just Announced After Sanctions

Submitted by MAGA Student

Posted 13 days ago

Iran is facing the wrath of the Trump Administration.

Mercedes has frozen all truck production in Iran after the U.S. reimposed sanctions against Iran.

From time.com

(Bloomberg) — U.S. President Donald Trump’s desire to isolate the Iranian economy seems to be working.


Within hours of Washington unveiling its first round of sanctions, German carmaker Daimler AG froze a plan to make Mercedes Benz trucks in Iran. That’s even after the European Union tried to salvage the Iran nuclear deal by pledging to protect firms from Trump’s assault.

“I wouldn’t be surprised if more companies were to follow Daimler out of Iran,” said Frank Biller, a automobile analyst based Stuttgart, Germany for Landesbank Baden-Wuerttemberg. “With the political situation right now, I’m sure a lot of companies are at least thinking about suspending their activities.”

Within hours of Washington unveiling its first round of sanctions, German carmaker Daimler AG froze a plan to make Mercedes Benz trucks in Iran. That’s even after the European Union tried to salvage the Iran nuclear deal by pledging to protect firms from Trump’s assault.

“I wouldn’t be surprised if more companies were to follow Daimler out of Iran,” said Frank Biller, a automobile analyst based Stuttgart, Germany for Landesbank Baden-Wuerttemberg. “With the political situation right now, I’m sure a lot of companies are at least thinking about suspending their activities.”

https://twitter.com/realdonaldtrump/status/1026762818773757955?s=21


Yet while Trump’s European allies condemned his move because they regard the nuclear deal as crucial for international security, the challenge for businesses is that they now have to weigh the potential loss of American clients against economic ties with Tehran that are minuscule by comparison.


President Trump is letting the word know, the U.S. will not be pushed around.

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