EU firms weigh Iranian risks after US sanctions
Within hours of Washington unveiling its first round of sanctions, German car maker Daimler froze a plan to make Mercedes Benz trucks in Iran
US PresidentDonald Trump’s desire to isolate the Iranian economy seems to be working. Within hours of Washington unveiling its first round of sanctions, German car maker Daimler froze a plan to make Mercedes Benz trucks in Iran. That came even after the EU tried to salvage the Iran nuclear deal by pledging to protect firms from Trump’s assault.
"I wouldn’t be surprised if more companies were to follow Daimler out of Iran," said ...
