Commentary
In an interview, Roger Diwan discusses where the global economy may be going in the third week of the U.S.-Israeli war with Iran.
Nur Arafeh
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Source: Getty
In The Media
What Trump Really Just Told the Iranians: He’s Out of Ideas.
The messages Trump is sending make negotiations with Tehran less and less likely and increase the chance of another ruinous war of choice in the Middle East.
By Jarrett Blanc
Published on Jun 27, 2019
Source: Politico
The Trump administration’s announcement this week of plans to impose new sanctions targeting Iranian leaders and organizations—including the Supreme Leader and his office, military commanders of the Islamic Revolutionary Guard Corps and Foreign Minister Javad Zarif—will have little practical effect, according to sanctions experts. Senior Iranian officials and their organizations are very unlikely to use international financial institutions or hold substantial assets abroad, and those are the major pathways through which the United States exerts coercive economic pressure. In other words, the new sanctions are more symbolic than effective.
This is not a bad thing. Symbolism is useful in international affairs, especially between adversarial countries like Iran and the United States, which lack formal diplomatic relations and need to find other ways to communicate. Intermediaries can be one option, symbolic measures another.
The problem with these new sanctions is not that they are symbolic, but that the messages they convey to Iran and the rest of the world are foolish and dangerous, and will fail to advance U.S. interests.
Here are three messages the Trump administration sent to Iran this week...
About the Author
Jarrett Blanc
Former Senior Fellow, Geoeconomics and Strategy Program
Jarrett Blanc was a senior fellow in the Geoeconomics and Strategy Program at the Carnegie Endowment for International Peace.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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