Did you know that the US first imposed sanctions against Iran as far back as 1979 under President Jimmy Carter? The sanctions were a response to Iran’s capture of over 50 American diplomats and citizens. Iran held the hostages for 444 days. The Carter sanctions froze about $12 billion in Iranian assets held in the US and in US banks overseas. Eventually, Carter imposed a full trade embargo against Iran, but the embargo and sanctions were lifted in 1981 by President Ronald Reagan.
In 1987, Reagan imposed another embargo on Iranian goods and services. The new sanctions were the result of Iran’s support of international terrorism and hostile actions against other nations in the Persian Gulf.
In 1995, President Bill Clinton managed to keep his pants on long enough to impose a sanction against Iran, targeting their petroleum industry.
In 1997, Clinton expanded the sanctions against Iran, by placing a ban on all trade and investment dealings with Iran by anyone in the US or any US citizen abroad.
In 2010, Obama’s Treasury Department imposed sanctions on banks in Iraq and China that were providing financial support to Iran.
In 2011, Obama imposed more sanctions against Iran, targeting anything related to their oil and chemical industries. These sanctions restricted doing any business with Iran and freezing their assets in the US.
By early 2015, Iran was feeling the financial pinch and suddenly announced that they were open for talks. Against the advice of most political experts and strategists, Obama and then Secretary of State John Kerry brokered the infamous Iran nuclear deal, formerly known as the Joint Comprehensive Plan of Action. The deal, which only served to help Iran and no one else, was signed on July 14, 2015. With the ink still drying on the document, Obama lifted the sanctions, freeing up billions of dollars in Iranian assets and allowing individuals and corporations to do business with Iran.
Obama and Kerry strutted around with their signed deal with Iran, reminding me of a rooster strutting his stuff in a hen house.
Many experts here in the US and in other countries warned Obama that Iran would never live up to the deal, but Obama pushed forward with it, many think just to try to buy Iran’s friendship.
Naturally, Iran has not lived up to the terms of Obama’s deal and lately began escalating their aggressive warnings to Israel and the United States. Iran has been involved with helping the tyrannical and cruel regime of Syrian dictator Bashar al-Assad. There are also strong indications that Iran continued to work on their nuclear weapons, despite the nuclear deal.
Consequently, President Donald Trump first withdrew from the Iran nuclear deal. Then he has imposed new and strict sanctions on Iran design to hurt them economically.
The question now being asked is if these new sanctions, which will increase and get harsher in a few months, force Iran to come back to the negotiating table for a new nuclear deal.
Do you think that will happen?
When Rasmussen Reports asked likely voters that question, 50% said they believe the sanctions will hurt Iran enough to bring them back to the bargaining table. Only 40% said they don’t think the new sanctions are enough to bring Iran to the bargaining table with Trump.[mashshare]