Donald Trump may have inadvertently done Europe a favor. By unilaterally and definitively violating the Iran nuclear deal, the Trump administration is galvanizing Europeans in unprecedented ways to challenge the capricious use of U.S. secondary sanctions and American dominance of the global financial system.
These sanctions—which threaten to penalize non-U.S. companies for commerce that would otherwise be legal—are returning with a vengeance after the president’s announcement on May 8 that America is walking out of the Joint Comprehensive Plan of Action (JCPOA). In response, Britain, France, and Germany, in conjunction with the European Union, are working with Iran—and potentially Russia and …read more
Source: The American Conservative
