US steps up effort to stop EU firms trading with Iran
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Bill aimed at companies with presence in America could result in trade war, say diplomats.
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The European Union and its allies got the go-ahead on Tuesday to slap potentially heavy sanctions on US goods in a row that could stir trade tensions ahead of the US elections.
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Senior U.S. officials will consult allies in Europe next week on ways to intensify pressure on Iran amid efforts by Tehran to evade existing sanctions by concealing the origin of financial transactions.
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Iran accused the United States on Sunday of pushing Europe away from a possible compromise on Tehran&#039;s disputed nuclear program.
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The United States said on Friday it was   consulting European governments about possible sanctions   against Iran for intransigence over its nuclear program, but   the EU signaled it wanted to see more dialogue with Tehran.
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World powers are making progress on new sanctions against Iran over its nuclear activities, US officials say.
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The European Union said Monday it will lift sanctions against US imports following President Bush&#39;s decision to remove illegal export subsidies.
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The United States has reached an agreement with France, Britain and Germany on a draft UN resolution on Iran that calls for an immediate halt to Tehran&#39;s uranium enrichment programme, a Western diplomat said late on Thursday.
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Iran is to move its foreign currency reserves from dollars to euros as the US continues to press for sanctions against Tehran.
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Two announcements today appeared intended to enforce Iranâs refusal to back down in the face of stepped-up pressure from the United States.
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The United States faced growing   opposition on Thursday to its bid to persuade other powers to   impose sanctions on Iran over its nuclear programme, with China   urging dialogue and France signaling flexibility.
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Iran accused the United States on  Wednesday of trying to disrupt its nuclear negotiations with  the European Union and again warned it would respond to any  threat.
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The European Union has requested talks with the U.S. government over antidumping duties that have hit a British steel firm in the first step toward asking the World Trade Organization to condemn the U.S. tariffs, EU officials said Tuesday.
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The US threatens tough penalties against international energy companies that do business with Iran.
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WASHINGTON -- US officials and their European allies are gearing up to impose targeted sanctions on Iran, which has defied a UN Security Council order to halt the enrichment of uranium by today.
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Iran has offered to stop some activities linked to uranium enrichment, diplomats said Tuesday. The United States said the move would not stop it from trying to have Tehran hauled before
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The WTO allows the EU, Japan and others to impose sanctions against US firms accused of dumping goods.