U.S. Imposes Additional Sanctions on Iran After Attack on U.S. Allied Troops

The United States is imposing additional sanctions on Iran as a result of its attack on U.S. troops in Iraq this week, Treasury Secretary Steven Mnuchin said on Friday.

"We are announcing additional sanctions against the Iranian regime," Mnuchin said at a White House news conference with Secretary of State Mike Pompeo.

The sanctions will impact individuals who own, operate, trade with or assist "sectors of the Iranian economy including construction, manufacturing, textiles and mining," Mnuchin told reporters at a White House briefing.

The measures include 17 sanctions against Iran's largest steel and iron manufacturers and eight senior Iranian officials who Washington said were involved in the January 8 attack on military bases housing U.S. troops, Mnuchin said.

Pompeo says the sanctions, initially announced by U.S. President Donald Trump on Wednesday, will "deprive the regime of billions in revenue."

Trump said on Thursday the United States has increased sanctions on Iran after a missile strike this week on Iraqi bases housing American military personnel, but gave no other details.

"It's already been done. We've increased them. They were very severe, but now it's increased substantially," Trump told reporters at the White House. "I just approved it a little while ago with Treasury."