2 weeks ago

Trump Bets on Economic Pressure, 'Low-Keying It' Against Iran

Trump Bets on Economic Pressure, 'Low-Keying It' Against Iran
"We Are Low-Keying It": Trump Bets On Economic Pressure Against Iran · NDTV

The president of the United States, Donald Trump, decided to try to handle the fight with Iran without fighting.

He told the news site Axios that the United States is 'low-keying it.'

That means he wants to use money problems, not bombs, to pressure Iran.

He says Iran is 'totally broke' and has very high inflation, which is when prices go up very fast.

He even said the United States controls an important waterway called the Strait of Hormuz.

The American government is also putting new sanctions, or rules that limit trade, on Iran's military group called the IRGC.

Iran's spokesman, Esmaeil Baqaei, says Iran has lived through sanctions for many years and calls the American move a retreat.

Some experts say Iran's economy is in bad shape, but they are not sure Iran's leaders care very much.

It is like a game of chess, and nobody knows yet who will win.

Key facts

President
Donald Trump
Strategy
Economic pressure through sanctions; 'low-keying it'
Claimed Iran inflation
Over 300 percent (per Trump)
Sanctions target
Islamic Revolutionary Guard Corps (IRGC)
Announcement
New IRGC measures announced at end of July
Conflict so far
War launched more than five months ago
Flashpoint
Strait of Hormuz
Iran's response
Spokesman Esmaeil Baqaei called the sanctions push a 'retreat'

Quotes

Esmaeil Baqaei

Iran’s foreign ministry spokesman

“"Whenever Washington proves itself incapable of pursuing diplomacy it retreats into sanctions; and whenever those sanctions fail to produce results, it simply increases the dose."”
NDTV
“"We are low-keying it," Trump told news site Axios by phone Sunday.”
NDTV

Sources

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