“Elizabeth Rosenberg, an expert on sanctions with Center for a New American Security, a Washington-based think-tank, said if oil changes hands and even if it is then put in storage, the buyer would then be violating sanctions...” Read the full article here: Full Article
"'It behoves each of our governments to avail themselves of all the tools at our disposal in an effort to positively influence the conduct of the Chinese government,' Mr. Russel said. 'One of the essential components is a collaborative effort among like-minded countries, and linking arms to ensure that we are presenting a coherent and united front ... pushing for adherence to a clear set of rules and principles.' "While tariffs could be a part of that mix, 'you don't use [...]
"The U.S. Treasury Department announced it's imposing sanctions on Iran's foreign minister. NPR's Steve Inskeep discusses the move with Dennis Ross, a former special assistant to President Obama..." Listen to the full interview here: Full Interview
"Elizabeth Rosenberg, a former Treasury official and a senior fellow at the Center for a New American Security, in Washington, cited the standard. 'You have to engage in activity that violates sanctions,' she said, 'and is reviewed and passes the legal sufficiency test of agencies of the U.S. government." Read the full article here: Full Article
"'There is a very healthy pipeline of Treasury officials being snapped up by foreign banks and companies to go help them observe U.S. sanctions law.' That's Elizabeth Rosenberg, herself a former senior Treasury official, now at the Center for a New American Security. She says the U.S. is regarded as a stable, safe place for global entities to park their money, and the U.S. dollar is the most commonly used hard currency in the world. "'The thing about the dollar in [...]
"'Sanctions are a tool of first resort when it comes to foreign policy, and are certainly a favorite for this administration,' said Elizabeth Rosenberg, senior fellow and director of the Energy, Economics, and Security Program at the Center for a New American Security, and a former Senior Advisor at the U.S. Department of the Treasury, to the Under Secretary for Terrorism and Financial Intelligence. While the Obama administration heightened U.S. reliance on sanctions, under Trump, the executive branch and Congress have [...]
"This week, U.S. Secretary of State Mike Pompeo moved to end sanctions waivers on Iranian oil—a major step to increase financial pressure on Tehran. The new policy, once it goes into force on May 2, aims to force China, India, Japan, South Korea, and Turkey to stop buying crude from Iran, depriving the country of its primary source of cash. "In the near term, the pressure tactic will mostly work, successfully siphoning off a significant share of Iran’s oil exports. The [...]
"Beijing has a reputation for waiting out U.S. administrations in the hope that the next person in the White House will take a more modest approach. This time, that strategy is unlikely to work. Analysts agree that the policy direction presumably would have shifted toward a tougher line even if Hillary Clinton had won the presidency in 2016, though likely with stylistic differences. 'The paradigm on China needed to be broken,' says Ely Ratner, deputy national security adviser to former Vice [...]
"On March 22, President Trump tweeted that he ordered the 'withdrawal' of North Korea sanctions. It is still unclear whether he pulled back an upcoming package of North Korea sanctions or ones that had been announced just the day before. And although the president didn’t explain his reasoning, Sarah Sanders offered that he canceled the sanctions because 'President Trump likes Chairman Kim, and . . . doesn’t think these sanctions will be necessary.' "This policy-swerve-by-tweet reflects a chaotic national security process. But it [...]
If asked what will be the most consequential meeting this weekend in Argentina at the G-20, you might have a hard time making up your mind. You’d have good reason to choose a) the Trump-Xi bilateral. But b), the gathering to sign the new Nafta deal, could also go awry. If you are like me, you are relieved that c), the Trump-Putin meeting, is now off the table. We should certainly be concerned about what will transpire when President Donald Trump [...]