On August 6, President Trump officially snapped back sanctions on Iran as part of his “Maximum Pressure” campaign on the country. This is the second concrete step taken by the administration this year, following their formal withdrawal from the Joint Comprehensive Plan of Action in May. The restored sanctions prohibit transactions by countries and private entities involving everything from dollar notes and gold to commercial aircraft. The decision to reimpose these sanctions has drawn opposition from Iran and U.S. allies alike.
Given recent protests in the country over economic woes and ineffective government, the sanctions come at a particularly challenging time for Iran. What remains to be seen is whether new economic pressure will prompt Iran to revive its nuclear ambitions or pressure Tehran into renegotiating a nuclear accord.
On August 15, Hudson Institute hosted a panel to discuss Iran, the effectiveness of the U.S. “Maximum Pressure” campaign, the regime’s ability to navigate sanctions, and the country’s widening protests. Panelists included Michael Pregent, Hudson Institute senior fellow; Alireza Nader, an independent Iran scholar; Behnam Ben Taleblu, a research fellow at the Foundation for Defense of Democracies; and Mariam Memarsadeghi, co-founder and co-director of Tavaana.
