Why Trump’s Iran Sanctions Are Working

President Donald Trump & Ziad Abdelnour

When President Donald Trump announced his administration’s withdrawal from the 2015 Iran nuclear deal and the reimposition of U.S. economic sanctions on Iran last May, the naysayers confidently predicted failure.

After all, they lectured, it took years of combined U.S., EU, and U.N. Security Council sanctions just to get Iran to suspend development of its nuclear program. How on earth can Trump, going it alone, force Tehran not only to dismantle its nuclear program but also to curb its development of ballistic missiles and end its support for extremist regional proxies?

It’s called “maximum pressure,” and it’s been phenomenally effective so far.

But let’s back up. Multilateralism wasn’t what gave the first Iran sanctions regime its punch. Rather, it was the 2010-2012 introduction by Congress—over the objections of the Obama administration—of tough secondary sanctions on non-U.S. businesses and individuals for proscribed commercial dealings with Iran (mostly in the energy, banking, and shipping sectors) that forced the Iranians to come to the table.

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I'm a Lebanese American physical commodities trader, financier, and author. The President and Chief Executive officer of Blackhawk Partners, Inc., – a “private family office” that supports highly accomplished operating executives in expanding their companies organically through business acquisitions and physical commodities trades (mostly oil derivatives) around the world.