Trump promises new sanctions on Iran after missile strikes

US President Donald Trump has promised new sanctions on Iran following the missile strike the country carried out against military bases in Iraq.

"No Americans were harmed in last nights attack by the Iranian regime," said Trump, in a press conference.

"We suffered no casualties - all of our soldiers are safe and only minimal damage was sustained at our military bases. Our great America forces are prepared for anything."

Trump said the US would "immediately impose additional punishing economic sanctions on the Iranian regime" following the attack.

"Iran appears to be standing down which is a good thing for all," he added.

He added that he would like to work in future with Iran against its "natural enemy" the Islamic State group.

"To the people and leaders of Iran - we want you to have a future and a great future, one that you deserve, one of prosperity at home and harmony with the nations of the world," he said.

"The United States is ready to embrace peace with those who seek it.”