07/17/1979
https://www.presidency.ucsb.edu...
"I have also directed the Secretary of the Treasury to revoke existing licenses for transactions by persons subject to the jurisdiction of the United States with Iran Air, the National Iranian Oil Comp..."
"I cannot freeze, now, imports of the small foreign cars that American consumers want."
"We are delighted at the progress that has been made."
"These rescission proposals and deferrals are an integral part of my recently announced anti-inflation program."