from The National Pulse:
Former President Donald J. Trump says the United States should take a cautious approach to Iran and not get overly involved in any attempts to forcibly change the country’s government. Speaking with podcaster Patrick Bet-David on October 17, Trump was asked whether the U.S. government should back efforts to restore the family of the late Shah, Mohammad Reza Pahlavi, to power.
“We can’t get totally involved in all that. We can’t run ourselves, let’s face it,” Trump said.
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During the discussion, Trump addressed the Iran nuclear deal, which he terminated during his presidency. He also touched on the sanctions imposed on Iran and the nature of his administration’s interactions with it. Despite his stance against Iran having nuclear capabilities, Trump expressed a desire for the nation to prosper, stating, “I’d like to see Iran be very successful. The only thing is, they can’t have a nuclear weapon.”
The sanctions regime against Iran, instituted under then-President Trump in 2019, crippled the Islamic Republic’s ability to sell oil abroad and finance its terrorist proxies across the Middle East. Instead of just hitting Iranian exporters, Trump’s sanctions also targeted other countries that purchased the rogue nation’s oil.
Iran went from exporting roughly 1.8 million barrels of crude oil daily in 2017 to a historic low of under 500,000 barrels per day in 2020. In addition, the Trump sanctions cut Iran’s GPD nearly in half between 2017 and 2020, dropping from almost $500 billion to just $240 billion.
However, following the 2020 election, the Biden-Harris government removed many of the Trump sanctions, allowing the Iranian economy and its terror financing to rebound. Currently, Iran exports around 1.5 million barrels of oil per day, and its GDP had recovered to $413 billion as of 2022.
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