ASSESSMENTS
Iraq Faces America's Economic Wrath
Jan 14, 2020 | 10:00 GMT
(AHMAD AL-RUBAYE/AFP via Getty Images)
Highlights
- Washington will tighten the enforcement of its existing sanctions on Iran and Iranian proxies in Iraq, meaning more companies, banks and individuals will fall afoul of U.S. measures.
- The United States will probably expand its sanctions beyond just Iranian-backed militias in Iraq to target pro-Iran politicians directly.
- The country could impose limited economic sanctions on Baghdad, but only in the event that it is forced to remove its troops from Iraq.
- The United States is likely to tailor any economic sanctions so as to hurt Iraq's economic future rather than inflict immediate significant economic harm — the latter of which would only occur should American forces suffer significant casualties in the pullout.
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