Advertisement

From Iran to North Korea, sanctions are Trump’s weapons of choice – but is it a tactical blunder to fire them so freely?

Critics say that overuse of sanctions deters allies from engaging with the American financial system and potentially undercuts the US dollar

Reading Time:4 minutes
Why you can trust SCMP
In this July 30, photo, an Iranian street money exchanger holds a US banknote in downtown Tehran, Iran. As the Trump administration readies to re-impose sanctions on Iran, American allies fear greater regional instability. Photo: AP

February was a typically busy month for US officials who announce government sanctions.

Advertisement

One package of measures issued by the Treasury Department targeted North Korea, with dozens of ships, companies and other entities cited for shipping coal and fuel to the country in violation of previous sanctions.

Before the month was over, sanctions had also been slapped on Colombian drug traffickers, smugglers of Libyan oil and individuals accused of sex abuse and recruiting child soldiers in Congo.

More sanctions rained down on abettors of various terrorist groups in Pakistan, Somalia and the Philippines, plus Hezbollah in Lebanon. And the State Department added to its list of designated terrorist groups organisations in the Philippines, West Africa, Bangladesh and Burkina Faso.

Most months nowadays, the United States issues a similar barrage of sanctions, as the Trump administration pursues an aggressive strategy of using economic tools instead of military might against foes.
A container ship operated by the French CMA CGM shipping company is moored at the port of Marseille. The world's third largest shipping container group, t CMA CGM, has decided to withdraw from Iran over the threat of US sanctions. Photo: Agence France-Presse
A container ship operated by the French CMA CGM shipping company is moored at the port of Marseille. The world's third largest shipping container group, t CMA CGM, has decided to withdraw from Iran over the threat of US sanctions. Photo: Agence France-Presse

The sanctions that attract the most attention have been aimed at governments threatening US national security interests, including North Korea, Iran and Russia. But increasingly, sanctions are being used to counter other kinds of destabilising behaviour.

Advertisement

Sanctions have been around since the earliest years of the United States, but they have been used more frequently since the attacks of September 11, 2001. They are seen as a potent tool to cut off terrorists and their financiers from access to the international financial system, as well as a way to crack down on human rights abuses and corrupt leaders.

Advertisement