Iran’s Supreme Leader on Monday rejected U.S. President Donald 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 U.S. sanctions.

Washington reimposed the sanctions last week after pulling out of a 2015 international deal aimed at curbing Iran’s nuclear program in return for an easing of economic sanctions. Trump has also threatened to penalize companies that continue to operate in Iran.

“I ban holding any talks with America… America never remains loyal to its promises in talks,” said Ayatollah Ali Khamenei, who has the final say on policy in the Islamic Republic.

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