10 things you need to know today: August 7, 2018

Trump reimposes sanctions on Iran, the Mendocino Complex fire becomes the largest in California history, and more

A fire fighter in California near the Mendocino fire
(Image credit: NOAH BERGER/AFP/Getty Images)

1. Trump reimposes sanctions on Iran

President Trump signed an executive order Monday reimposing Iran sanctions to exert "maximum economic pressure" on Tehran three months after he pulled the U.S. out of the Iran nuclear deal. Trump said in a statement that the 2015 agreement requiring Iran to curb its nuclear program in exchange for the lifting of sanctions was a "horrible, one-sided deal." He urged other nations to take steps to show Iran it must "change its threatening, destabilizing behavior and reintegrate with the global economy, or continue down a path of economic isolation." He threatened "severe consequences" for nations that don't reduce ties with Iran. European foreign ministers said they "deeply regret" Trump's move, vowing to try to salvage the deal. Iranian President Hassan Rouhani called Trump's move "psychological warfare."

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.