The United States will not hesitate to impose sanctions on any nation that opposes its effort to "snapback" United Nations sanctions on Iran, Secretary of State Mike Pompeo told "Special Report" Wednesday night."When we have seen any country violate our current sanctions, the current American sanctions, we have held every nation accountable for that," Pompeo told host Bret Baier. "We will do the same with respect to the broader U.N. Security Council sanctions as well."
I hope that the U.S. will follow through on this. The more it sanctions left and right for totally irrational reasons the more incentives will other countries have to build mechanisms that make U.S. sanctions ineffective and useless. Russia has already done that and China to some extend. The Europeans should have done this long ago but are only now considering it seriously.
There are also counter measures that could and should be considered. A European tax on digital products would seriously hurt Google, Facebook, Ebay and other U.S. companies. When their profits and stocks drop the Trump administration might learn that wrecking balls have the tendency to swing back.
Posted by b on August 21, 2020 at 16:44 UTC | Permalink
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