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Haley says Iran’s economy is ‘plummeting’ under US pressure

Nikki Haley, U.S. Ambassador to the United Nations, at the United Nations in New York on September 11, 2017. Several member nations of the U.N., including Russia and China, tried Tuesday to block an effort by the Trump administration to push the U.N. Security Council to confront the deadly violence that has consumed Nicaragua and left more than 300 dead. (Michael Brochstein/Sipa USA/TNS)
September 24, 2018

Iran’s economy is faltering after the U.S. pulled out of a nuclear deal this year and Europeans are deciding not to do business there, said Nikki Haley, the U.S. ambassador to the United Nations.

The U.S. position remains not to do business with European countries that engage with Iran, and while that means European leaders such as British Prime Minister Theresa May have a decision to make, companies are already acting, Haley said on CBS’ “Face the Nation” Sunday.

“If you look, they are dropping business from Iran left and right,” Haley said. “Iran’s economy is plummeting.”

President Donald Trump will address the United Nations General Assembly Tuesday and host a meeting of the UN Security Council Wednesday, and Trump said Friday that Iran will be the subject of the meeting.

The U.S. isn’t seeking regime change in Iran, and rhetoric from Iranian President Hassan Rouhani shows the U.S. pressure campaign is working, Haley said on CNN’s “State of the Union.”

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“They’re getting desperate, and I think we’re seeing the actions of that,” Haley said.

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© 2018 Bloomberg News

Distributed by Tribune Content Agency, LLC.