Iran's foreign minister says 'no one trusts America' anymore

TENSE IN TEHRAN: The President Slams Iran With 'MOST BITING SANCTIONS EVER IMPOSED'

TENSE IN TEHRAN: The President Slams Iran With 'MOST BITING SANCTIONS EVER IMPOSED'

Iran dismissed a last-minute offer from the Trump administration for talks, saying it could not negotiate while Washington had reneged on a 2015 deal to lift sanctions in return for curbs on Iran's nuclear program.

Iranian President Hassan Rouhani has vowed that Iran will stand firm against threats by the United States over oil shipments, after Washington reimposed economic sanctions on the Islamic republic.

The DPRK foreign minister in response reiterated the praise for the two countries' longstanding relationship and agreed with the Iranian President's calls for strengthening ties.

"China's commercial cooperation with Iran is open and transparent, reasonable, fair and lawful, not violating any United Nations Security Council resolutions", it said.

Despite not saying which consequences the U.S. will face in his latest statement, Iran had previously warned it could block the Strait of Hormuz, widely used by the regional states to export their oil and gas, as a comeback against the sanctions.

In comments carried by the Office of the President, Rouhani was said to have praised the two countries' "friendly and heartfelt relationship" and mutual support for each other, while warning that Washington should not be seen as trustworthy.

"If the Americans want to keep this simplistic and impossible idea in their minds they should also know its consequences, " Zarif said".

US President Donald Trump announced the ban on Twitter on Monday, writing: "The Iran sanctions have officially been cast".

Danish engineering company Haldor Topsoe, one of the world's leading industrial catalyst producers, said on Wednesday it would cut around 200 jobs from its workforce of 2,700 due to the new U.S sanctions on Iran, which made it very hard for its customers there to finance new projects.

Turkey, however, said it would continue to buy natural gas from Iran.

Also on Tuesday a blocking statute aimed at protecting European Union firms took effect.

USA administration officials swiftly dismissed the move.

The next round of punitive measures will come into effect in November and will target Iran's oil industry.

Mark Dubowitz, chief executive of the Foundation for Defense of Democracies, said the first wave of sanctions targeting Iran's automotive sector as well as gold, steel, and other metals will add fuel to the protests. "No preconditions. If they want to meet, I'll meet", Trump said.

"Isolating Iran could boost radical and fundamentalist forces", he said, adding that "chaos in Iran, as we have experienced in Iraq or Libya, would further destabilize an already troubled region".

Meanwhile, Italian Foreign Minister Moavero Milanesi said that "agreements have to be respected". Anyone doing business with Iran will NOT be doing business with the United States.

Citing a sharp reduction of Iranian missile tests and drop-off in the harassment of USA naval vessels in the Persian Gulf by the Islamic Revolutionary Guard Corps, Dubowitz said Tehran has been "more cautious and more reticent" than it was under the Obama administration.

"America has zigzagged constantly, so now no one trusts them", he said.

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