Less than a week after new U.S. Ambassador to Germany Richard Grenell faced backlash for a tweet calling on German companies to cut ties with Iran, a new report says the nation’s companies are starting to cut ties after President Donald Trump announced his decision to pull the United States out of the Iran nuclear deal.
According to the German newspaper BILD, 11 German exporters who do business with Iran have said they’ll follow “applicable international rules and regulations,” while still examining the consequences of Trump’s action.
Grenell, in his tweet on Tuesday, warned German companies doing business in Iran to “wind down operations immediately,” as U.S. sanctions will “target critical sectors of Iran’s economy.”
This means, according to a translation of the BILD report, the companies will abide by “the rules of the government of U.S. President Donald Trump” because “no one wants to endanger the much larger U.S. market for ‘a few Euro’ in Iran.”
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