Daniel Tannebaum of PwC on Sanctions

The video discusses the US's frequent use of sanctions as a foreign policy strategy, particularly under the Trump administration. It explores the impact on global markets, with countries like Turkey struggling to find alternative oil suppliers. The shift in enforcement power from the Treasury to the State Department is highlighted, along with the risks and penalties for global businesses. The effectiveness of sanctions is debated, with concerns about overuse diminishing their impact. Europe's attempts to circumvent sanctions are examined, and the future of sanctions is considered unpredictable but significant.

What is the current approach of the US administration towards sanctions as a foreign policy tool?

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How has the enforcement of sanctions changed from 2018 to 2019?

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What challenges do global companies face regarding US sanctions?

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What is the significance of the shift in sanctions enforcement from the Treasury Department to the State Department?

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What are the implications of the US's significant authority to levy penalties against foreign companies?

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How do the overuse of sanctions affect their effectiveness?

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What are the potential consequences for countries that continue to trade with Iran despite US sanctions?

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