Just days after pulling the United States out of the Iran deal, President Donald Trump‘s administration is preparing to cut the regime off from the global economy, Zero Hedge reported. The days of Obama rhetoric and impotence are over!
The U.S. Department of Treasury announced it will be levying a massive sanctions package against a financing network and central bank used to funnel U.S. money to the Iranian Revolutionary Guard (IRG), a blacklisted military outfit that works with terrorist groups in the region.
The sanctions package is similar to what the U.S. placed on North Korea last year, which stripped the communist regime of more than 80 percent of its annual income through trade. The package against Iran is only slightly different, but is expected to have the same effect on Iran as it did with North Korea — meaning they will be begging Trump to remove the sanctions.
The Treasury is working with the United Arab Emirates against six individuals and three companies who have been funneling millions of dollars to the IRG. The Treasury also accused Iran’s largest bank of aiding the group by setting up front companies in the UAE to secretly funnel the U.S. dollars to the IRG.
The funds are believed to have been used to fund the IRG, Iran’s military projects, and terrorist groups in the region. The exact amount is unclear, but it is reportedly over one million U.S. dollars.
When announcing on Tuesday that the U.S. would be leaving the “awful” nuclear deal with the “murderous regime,” Trump said Iran has been using U.S. dollars to fund terrorism.
While the liberal media scoffed at him and claimed he was leaving America at risk in abandoning the deal, this reaffirms that Iran never respected or honored the agreement in the first place.
Trump also warned that if Iran continues to advance its nuclear capabilities and programs, it will have “bigger problems than it has ever had before.”
Trump appears to be using the same tactics with Iran as he did with North Korea. By cutting Iran off from the global economy, the regime won’t have any source of income to fund terrorist groups. When the sanctions take effect soon, it will choke the regime into either supporting its people or continuing to fund terrorism.
If they chose to help their people, then maybe the U.S. will lift the sanctions down the road. If they starve their people and continue funding terrorism, then Trump and the world will have an obligation to step in and take action against the regime.
It only took one year for North Korea to crawl back begging Trump to make a deal and remove the sanctions he levied on them.
Let’s see how long Iran can afford to act tough.