There have been a lot of sanctions programmes against Iran. But this week US Treasury Secretary Scott Bessent announced Operation Economic Outcast, which promises to go further than ever before.
It will punish not just Iran but any country helping Iran – including China. It is the Trump administration’s latest attempt to end the war. Will it work?
We speak to Vali Nasr, professor of international affairs and Middle East studies at Johns Hopkins University, and ask whether in trying to end one war, President Trump risks starting a global trade conflict.
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00:00 President Trump’s plan for Iran
01:42 What are the new US economic sanctions?
03:00 What is an economic sanction?
07:10 The history of US sanctions against Iran
10:20 How are the sanctions affecting Iranians?
14:12 How will China respond to the sanctions?
18:00 How could China retaliate?
20:27 What is the worst case scenario?
