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Iran’s Businesses Begin to Buckle Under Sanctions Threat

July 18, 2018 7:33 PM
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Firms struggle to find lenders willing to finance import deals; unrest forces government to try to avoid economic isolation

Since President Donald Trump withdrew the U.S. from the nuclear deal in May, Iran’s manufacturers, Persian-rug exporters and shopkeepers have increasingly struggled to make transactions in dollars for imports of needed supplies. Foreign companies are winding down contracts and the threat of sanction...

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