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Five Reasons for the Global Pushback on New Iran Sanctions
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Five Reasons for the Global Pushback on New Iran Sanctions

Author Lawrence J. Korb discusses the Trump administration's withdrawal from the Iran nuclear deal, its reimposition of sanctions on Iran, and why other nations are pushing back.

Not surprisingly the Trump administration’s precipitous withdrawal from the Joint Comprehensive Plan of Action (JCPOA)—known as the Iran Nuclear Deal—has lead to significant pushback from the other five signatories to the deal as well from several other nations which have benefitted from the agreement. This strong disagreement has also been amplified by President Trump’s decision to re-imposition sanctions on Iran which the Obama administration had canceled as part of the JCPOA.

The first sanctions were re-imposed on August 7, 2018. They included a ban on purchases of U.S. dollars by Iran and also prevent trade on gold, medals, and automobiles. The second, more draconian sanctions, which will go in effect November 4, 2018, the thirty-ninth anniversary of the takeover of the U.S. embassy in Tehran, and will sanction all Iranian oil exports to any country as well as any importers. The pushback against these sanctions is coming for at least five reasons.

The above excerpt was originally published in The National Interest. Click here to view the full article.

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Authors

Lawrence J. Korb

Former Senior Fellow