Trump warns nations from trading with Iran amid USA sanctions

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"Today, America is identified as an unreliable and untrustworthy country in the world which does not adhere to any of its obligations", Rouhani said.

President Rouhani shot back at Trump via Twitter Tuesday night, suggesting Iran would continue trading with the "EU, Russia, China & dozens of our other trading partners".

His trip came on the same day that the USA restored sanctions on the Islamic Republic.

"We are in solidarity with the European Union position, obviously we are closely monitoring this and we are doing everything possible on the diplomatic level to stimulate a direct dialogue between the United States and Iran, and we think that dialogue should always prevail", he said.

Zarif went on to warn against Iran and the US being drawn into an escalated trade conflict. "They are imposing sanctions on Iranian children, patients and the nation", Iran's chief executive added.

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European countries, hoping to persuade Tehran to continue to respect the nuclear deal, have promised to try to lessen the blow of sanctions and to urge their firms not to pull out. But that has proved hard: European companies have quit Iran, arguing that they can not risk their US business.

The administration will ratchet up pressure on Tehran's economy in early November when USA sanctions on Iranian oil are due to snapback.

Among those that have suspended plans to invest in Iran are France's oil major Total, its big carmakers PSA and Renault, and their German rival Daimler.

Speaking to state broadcaster IRINN on Wednesday, Rouhani said: "If the Americans want to keep this simplistic and impossible idea in their minds, they should also know its consequences".

On Wednesday, China's foreign ministry said it opposed the US' "unilateral sanctions" and "long-armed jurisdiction", adding its business ties with Iran were "open, transparent and lawful". Turkey buys an estimated 9.5bn cubic metres of gas from Iran.

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Iranian Foreign Minister Mohammad Javad Zarif said Tehran would continue to export oil and other goods in the face of sanctions that the US has imposed in an effort to cripple the country's missile and nuclear enrichment programs, as well as the country's ability to wage war in Syria and parts of Iraq, Reuters reported, citing an Iranian newspaper.

Rouhani hinted last month that Iran could block the Strait of Hormuz, a major oil shipping route, if the USA attempted to stop the Islamic Republic's oil exports. The Trump tactics have deepened an already serious economic crisis in Iran, fuelling protests around the country. Zarif told reporters on state broadcaster IRINN.

His Tuesday morning tweet came as Washington's new sanctions on Tehran took effect overnight.

He has said the deal "failed to achieve the fundamental objective of blocking all paths to an Iranian nuclear bomb" and did not address Tehran's "malign activities, including its ballistic missile programme and its support for terrorism".

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