by Leigh Jones
Posted 5/09/18, 11:52 am
European companies are evaluating their options after U.S. President Donald Trump’s decision Tuesday to pull the United States out of the Iran nuclear accord. German multinational conglomorate Siemens and French airline manufacturer Airbus both said they would abide by reinstated U.S. sanctions against Iran but are waiting for more guidance on the specifics. U.S. Treasury Secretary Steven Mnuchin said he will revoke licenses held by Airbus and U.S.-based Boeing to sell jetliners to Iran but would negotiate certain exemptions. Beyond Boeing, the sanctions won’t have much effect on U.S.