'No war, no negotiations with the US'

'No war, no negotiations with the US'

This is the first time Iran's supreme leader has commented. "A global trade war would not know winners, only losers", he said.

Iran's leader on Monday rejected Trump's offer of unconditional talks to improve bilateral ties and he also accused the Iranian government of economic mismanagement in the face of reimposed usa sanctions.

Several European companies have suspended plans to invest in Iran in light of the USA sanctions, including oil major Total as well as carmakers PSA, Renault and Daimler.

Speaking in a meeting with a large group of Iranian people in Tehran on Monday, Ayatollah Khamenei dismissed talks with the United States after President Trump called for direct negotiations with Tehran, saying Washington is only after concessions. Khamenei referenced the secret 1986 trip to Tehran by President Ronald Reagan's former national security adviser Robert McFarlane in an effort to begin high-level talks; the attempt wound up being rebuffed. Beside sanctions, they are talking about war and negotiations.

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Speaking to "Bild am Sonntag", Altmaier stressed that Berlin would continue to support domestic companies operating in Iran regardless of US sanctions, and was working together with other European partners to establish alternative payments systems to prevent a resulting interruption of trade and investment flows.

But he ruled out the possibility of war with the United States, saying: "They are exaggerating the possibility of a war with Iran".

The U.S. and the European Union are embroiled in a spat after Trump imposed tariffs on aluminium and steel imports and Brussels responded with retaliatory tariffs on some U.S. goods. "Even then American president, Reagan, who was more powerful than the current ones, in the famous case of McFarlane, sent him secretly to Tehran for negotiations, but he returned without any results 24 hours later".

In remarks carried by state television, Ayatollah Ali Khamenei said "along with sanctions, Americans have recently raised two more options, war and talks".

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"The devaluation of the national currency is one of the current economic problems".

Ayatollah Khamenei said on Monday the judiciary chief's request is "an important positive step to tackle corruption and those involved in economic corruption".

"Economic experts and many officials believe the cause of this issue is not foreign, it's internal. When the price of the rial drops like this, it is the day laborer who has nothing left". "Not that sanctions don't have an impact, but the majority of the impact is [due to] our own performance".

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