The United States will impose "large" additional sanctions on Iran in an attempt to prevent the country from obtaining nuclear weapons, Donald Trump said.
He said the economic pressure would be maintained if the Tehran leadership did not change its course.
] "We are imposing additional sanctions," he told reporters. "In [some] the case we are moving fast."
It comes after Iran has announced it will exceed the internationally agreed restrictions on its nuclear program.
The containment of enriched uranium stocks is under a global agreement of 201
But the US pulled the deal last year and restored the sanctions. This triggered an economic crisis in Iran by imposing the value of its currency to record the lowest levels and to repel foreign investors.
Iran responds by reducing its nuclear agreement commitments.
"If Iran wants to become a prosperous nation … it's okay with me," said Mr. Trump. "But they will never do so if they think they will have nuclear weapons in five or six years."
"Let's make Iran again great," he added, repeating the slogan of his campaign by the presidential president in 2016.
US sanctions have affected Iran
The recovery of US sanctions last year – especially those imposed on the energy, maritime and financial sectors – has caused foreign investment to dry up and hit the export of oil.
Sanctions prevent US companies from trading with Iran, but also with foreign companies or countries dealing with Iran. 19659019] Media coverage is not supported on your device
This has led to a shortage of imported goods and products with raw materials from abroa d, especially baby diapers.
The decreasing value of the rial has also affected the price of locally produced products such as meat and eggs that have risen in price.
Iran responded to economic pressure by violating some of the nuclear agreement's commitments. She also accused European countries of failing to meet their promises to protect the Iranian economy from US sanctions.
What's the bigger picture?
President Trump's announcement that additional sanctions will be imposed on Iran comes at a time of increasing tensions between the two countries.
On Thursday, the Iranian forces in the Persian Gulf took down an unmanned US plane.
The Iranian Corps of the Islamic Revolutionary Guard (IRGC) said that the deployment of the unmanned ship is a "clear message" to the United States that Iran's borders are "our red line".
But US military officers have been holding a drone in the international airspace over the Strait of Hormuz at that time.
Amir Ali Hajizade, a senior IRGC official, said another airplane carrying 35 passengers had flown near the drug. "We could have dropped it, but we did not," he said.
Fighting the unmanned ship is followed by US accusations that Iran has attacked two oil tankers with mines right in front of the Strait of Hormuz. Mr Trump said he did not want a war with Iran, but warned he would face a "deletion" if the conflict broke out.