Are Iran Sanctions Having Effect Trump is Looking For?

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Shared June 24, 2019

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THE RUNDOWN | So far, Trump's economic sanctions appear to have had minimal effect and have not brought Iran to the negotiating table. Is Trump taking the right path to get the result he wants? Carnegie Endowment for International Peace Senior Fellow Jarrett Blanc analyzes.

Story:

US President Donald Trump announced new "hard-hitting" sanctions on Iran's Supreme Leader Ayatollah Khamenei on Monday.

“Sanctions imposed through the executive order ... will deny the Supreme Leader and the Supreme Leader’s office, and those closely affiliated with him and the office, access to key financial resources and support. We will continue to increase pressure on Tehran, until the regime abandons its dangerous activities” including its nuclear ambitions, Trump said.

“Never can Iran have a nuclear weapon. We do not ask for conflict," he said, adding that depending on Iran's response the sanctions could end tomorrow -- or it "can also be years from now."

Shortly after Trump's announcement, US Treasury Secretary Steven Mnuchin said Washington would blacklist Iran's Foreign Minister Mohammad Javad Zarif and block "billions" more in Iranian assets as part of expanded sanctions.

Mnuchin told reporters Zarif would be added to an economic sanctions list "later this week," adding that eight top military commanders from Iran's Revolutionary Guards have now also been blacklisted.