Trump, Iran Sanctions, and the Strait of Hormuz Crisis
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This discussion unravels the complexities surrounding long-standing economic sanctions against Iran and the contentious process of their potential lifting. Explore the differing views on whether unwinding these sanctions is a multi-month endeavor or something that could happen almost instantaneously.
The conversation pivots to the controversial role of Donald Trump, with speakers asserting his motivations are driven by personal ego and a desire for legacy rather than national security. Delve into how this alleged personal agenda complicates international agreements and the severe global economic impact of a potential Strait of Hormuz closure.
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Transcript
I think you're absolutely correct in in in that the critical component here is the lifting of sanctions because Iran has been under these economic sanctions for decades that have that really hampered its ability to naturally grow and innovate. And yet it's it's still done well despite the sanctions. However, so two points here, Scott. Um one is that the process that you just described of the the you know, multilateral involving other nations of of of guarantees of this agreement. That process, including the unwinding of sanctions is a multi-month process as you as you, well, you know, you know better than most because you you you lived a lot of this, right? That's a multi-month process. And secondly, I don't think that Trump will ever agree to lifting sanctions because he will always be pressured by Netanyahu, at least in my assessment. So, I two-part question to you. One is the Strait of Hormuz would obviously stay closed during this entire process of putting together this agreement. That alone would cause severe global economic damage to the parties that you just accurately mentioned, such as Asia and Europe, et cetera. But at the end of the day, ...