The US establishment media all write that Trump is a Russian agent, an evil genius who is working to destroy the US. The Persian press think Trump is an idiot. He ordered sanctions on Iran (not that Obama ever lifted them: everyone is still warned that it's a violation of US law to do any US dollar transactions with Iran, and Iran is still cut off from the international banking system, so one must bring at least $10,000 in cash if one wants to visit Iran).
Trump added new sanctions on Iran that meant that most EU companies have announced that they have halted all trade with Iran because of the threat that they will be blocked from all trade with the US if they do not. The EU said it's sticking to the JCPOA, but EU companies can't afford to be cut off from the US market: the EU market isn't enough to balance their books without the US market.
China would probably have been forced to join the rest of the world and cut Iran off, forcing Iran back to the 17th century, but Trump has already banned most Chinese products from the US, so China announced that it will be buying most of the oil it needs from Iran, and will sell Iran all that they need. And, given that China is China, that greatly mitigates the US sanctions on Iran, to the point where Iran won't feel much damage from Trump's new sanctions!
Friday, August 3, 2018
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