White HouseThe Treasury Department announced it was imposing new sanctions on a number of individuals and entities it said were connected to Iran's missile program and the Islamic Revolutionary Guard's Quds force.
Donald Trump's White House signalled a tougher stance towards Iran on Wednesday, condemning its recent missile test and declaring that America was putting the Islamic republic 'on notice'.
Trump said on Thursday that "nothing is off the table" in dealing with Iran following its launch of a ballistic missile.
While it wasn't immediately clear what kind of punishment was going to be meted out, two officials tell NBC News that the US will not to violate the existing Iranian nuclear deal. "President Trump is going to do everything he can to make sure that Iran is stayed in check".
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Trump officials added that the measures taken against Iran on Friday will not be the administration's last.
Twenty senators from both sides of the aisle have asked President Trump to not only stop Iran from developing ballistic missiles in violation of the UN Security Council, but to lead the global community in doing so.
Iran is playing with fire - they don't appreciate how "kind" President Obama was to them. "Not me!" Trump tweeted Friday morning.
Iran intends to impose restrictions on United States individuals and entities backing regional terrorist groups, in retaliation for fresh U.S. sanctions against more than two dozen Iranian nationals and entities over a recent missile test-launch. The country insisted, however, that the test violated nothing because the missile was not capable of carrying a nuclear warhead.
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On Saturday, Iran announced that it will take "reciprocal action" against US individuals and companies.
After much criticism and speculation over alleged missile tests in Iran earlier in the week, the nation's Defense Minister Brig.
Iran insists its missile test was only for defensive purposes and not a violation of the United Nations Security Council 2231 resolution or the 2015 nuclear deal with global powers. While Obama also refused to rule out military action, Trump's rhetoric reflects a scaled-up posture.
Watch the report above from Fox News' Jennifer Griffin. They are now prohibited from doing any business in the United States or with American citizens.
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Further, Spicer noted the sanctions are in response to Iran's continued funding of terrorism.