Trump’s Sanctions against Iran: A New Approach or Same Old Tactics?
By Amir Azimi, BBC Persian Editor
The United States has launched a new round of economic sanctions against Iran, targeting digital assets, technology, gold, aviation, and shipping. Treasury Secretary Scott Bessent declared this an "economic D-Day," aiming to isolate Iran’s financial connections globally.
However, while the US intensifies its pressure, Iranian leaders remain unmoved, questioning the effectiveness of these measures. Iran’s Economy Minister, Ali Madanizadeh, dismissed the sanctions as "the same old talk" and assured his nation of their preparedness for various scenarios.
The key question for Tehran is whether the US can enforce these sanctions more broadly than in the past. While previous US sanctions have been in place, including penalties against foreign companies trading with Iran, the new measures aim to tighten the noose around Iran’s revenue sources.
Bessent has threatened secondary sanctions against countries and entities that continue doing business with Iran, but China, a key trade partner, has already voiced its opposition to these illegal sanctions.
If successful, the sanctions could significantly impact Iran, particularly through restricting sea-based oil exports and hindering imports of goods and equipment. However, Iran’s land borders with seven countries offer alternative routes to bypass sanctions, making complete isolation challenging.
The potential success or failure of these sanctions may influence domestic political dynamics in Iran. If they fail, Bessent’s announcement could strengthen hardliners who oppose negotiations with the US. Conversely, a successful implementation might weaken pro-deal officials.
Meanwhile, the economic situation in Iran continues to deteriorate due to existing challenges, including high inflation and a weakening currency. Negin, a 34-year-old woman, shared her concerns about the dwindling value of her savings and increased costs for necessities.
