As per the ISNA news agency, 173 out of 215 lawmakers voted for the bill. The legislation also demands the Iranian government take unspecified action against other governments that formally back the US designation.
A move to withdraw the Generalised System of Preferences (GSP) from India, the world’s largest beneficiary of a scheme that has been in force since the 1970s, would be the strongest punitive action against India since President Donald Trump took office in 2017 vowing to reduce the US deficit with large economies.
He said the US could use Iraq as a regional launching pad to carry out operations against the ISIS and Syria. Trump vowed that his administration will give a "harsh response" if America faced another terrorist attack.
The House and the Senate both adjourned for the evening, ending any hopes of a last-minute compromise to pass a spending bill that would keep nine Cabinet agencies operating past a deadline of midnight.
China will keep next year's economic growth within "a reasonable range", the statement said, after the conclusion of the Central Economic Work Conference, a closed-door gathering of party leaders and policymakers.
Christopher Wray stood behind the intelligence agencies' assessment that Moscow meddled in the 2016 presidential election, dismissing Russian President Vladimir Putin's claim that his country was not involved.