Iran Says It Lost $200 Billion Because Of President Trump, Undoing The Billions Obama Released To Them
POSTED BY: DEAN JAMES JANUARY 3, 2020
By Carmine Sabia at The Federalist Papers
Since the first day President Donald Trump stepped into the White House, he has tried to undo the damage done by his predecessor.
For working to repeal Obamacare, which was stopped by some Republican senators siding with Democrats, to lifting regulation to getting the United States out of the Paris Climate Accords.
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And now he has found a way to undo the $50 billion in liquid assets that Obama handed to the mullahs in Iran, the number one state sponsor of terror.
Iranian President Hassan Rouhani on Tuesday said that the renewed U.S sanctions against his nation have cost the regime around $200 billion.
“Iran would have earned $200 billion surplus income…if the country were not involved in an economic war,” he said, Radio Free Europe reported.
After President Trump ended the Iran Nuclear Deal in 2018 the Middle Eastern regime has lost 90 percent of its oil exports.
Rouhani argued against the more conservative wing of Iranian politics who claim that the sanctions have not affected the nation.
“What should we do? When there is no food and water, you are still in danger no matter how strong you are,” he said.
The Iranian president made the comments after citizens of the Islamic Republic protested economic struggles and a recent gas hike.
“Sanctions have deprived the Islamic Republic of $100 billion in oil revenue in the last two years and an equal amount in foreign investment credit,” Bloomberg News said.
When President Trump nixed the Iran deal he also reinstituted crushing sanctions on the regime designed to bring it to its knees.
“The last set of sanctions lifted under the terrible nuclear deal will come back into force,” he said, telling Iran to “abandon its destructive behavior or continue down the path toward economic disaster.”
BREAKING: President Trump’s $200 BILLION in sanctions on Iran has wiped Obama’s $150 BILLION gift to the country out.
Thank you, @realDonaldTrump!
Most of President Trump’s first three years as president has been spent undoing the damage done by former President Obama.
And now with tensions escalating between The United States and Iran they should heed the lesson that Trump is no Obama.
When he says he is going to do something he does it. He does not draw red lines and then erase them.
This article originally appeared at The Federalist Papers and was republished with permission.
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Dean James at Right Wing Tribune