“The Trump administration’s pressure strategy on Iran assumes that the Islamic Republic is standing on its last leg. The White House believes a gentle nudge will cause its collapse in the next few months.”
“In the process, the United States will incentivize other countries to develop alternative financial transaction systems in order to protect themselves from what increasingly will be viewed as illegal U.S. financial sanctions.”
Europe’s much-vaunted “special-purpose vehicle” for trading around U.S. financial sanctions, announced last month, is expected to be little more than a glorified barter arrangement with limited scope.
"…a plan by European nations aimed at maintaining trade with Iran was unlikely to help…"
“The European payment mechanism doesn’t shield you if you use the U.S. financial system ... you can pay but don’t expect to be on their Christmas card list,”
Officials have said they are watching such engineering attempts closely, although few economists and officials in Europe believe such efforts will offer Tehran much in the way of sanctuary from American penalties immediately.
At the end of the day, Parsi & Co. are favorable to bowing before #Iran’s bullying, or in other words, returning to the weak Obama appeasement doctrine.
Here’s a reminder of the Obama years…
As always, the conclusion is yours to make.
Thanks for reading!
I leave you with this question:
Should the Trump continue their firm policy vis-à-vis #Iran’s regime?