Sanctions imposed on some stubborn countries are a better option than military conflicts, Steve Mnuchin claimed, just as the US rolled out fresh penalties against Iran and EU firms helping build a German-Russian pipeline.
“The reason why we’re using sanctions is because they are an important alternative for world military conflicts. And I believe it’s worked,” Mnuchin told CNBC’s Hadley Gamble at the Doha Forum in Qatar on Saturday. He singled out North Korea and Iran or “other places in the world” where, in his view, such tactics did “work.”
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