Thursday, 9 August 2018

New Sanctions Kick In: Trump Declares (Trade) War On Iran...And EU! (Liberty Report)


As promised, a new and sweeping round of US sanctions against Iran will kick in today. Though the EU has sworn to do its best to protect European companies from US sanctions, there is little doubt the Europeans can resist US demands. What's next?



Part of Trump's agenda is to cause a rebalancing of international trade and the withdrawal of US troops around the world. His actions here antagonise Europe and will help him to focus on US domestic reconstruction. Iran could be simply a tool to help the Trump agenda.

Related:

MAJOR: China Ditches U.S Oil, Turns To Iran In Defiance Of Sanctions

China Rejects U.S. Request to Cut Iran Oil Imports

[Posted at the SpookyWeather blog, August 9th, 2018.]

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