The sanctions against Iran reinstated by US President Donald Trump raise two all-important questions that have no convincing answers. But they also raise a third question, about which financial markets are likely to be wrong.
BEIJING – The sanctions against Iran reinstated by US President Donald Trump raise two all-important questions that have no convincing answers. First, will this action make the world safer, as Trump claims, or will it further destabilize the Middle East and undermine future efforts to limit nuclear weapons, as argued by most geopolitical experts not directly employed by the US, Israeli, or Saudi governments? And, second, will US efforts to compel foreign companies to observe its sanctions against Iran prove as tough as Trump’s belligerent rhetoric?
BEIJING – The sanctions against Iran reinstated by US President Donald Trump raise two all-important questions that have no convincing answers. First, will this action make the world safer, as Trump claims, or will it further destabilize the Middle East and undermine future efforts to limit nuclear weapons, as argued by most geopolitical experts not directly employed by the US, Israeli, or Saudi governments? And, second, will US efforts to compel foreign companies to observe its sanctions against Iran prove as tough as Trump’s belligerent rhetoric?