July 16, 2014

The Washington Post: Sanctions on Iran cost the U.S. as much as $175 billion, study says

new study published this week by the National Iranian American Council argues that the various trade sanctions the United States has maintained on Iran for more than a decade actually hurts the American economy. The NIAC, a U.S.-based organization that pushes for a peaceful resolution of differences between Washington and Tehran, calculated that between 1995 and 2012, the United States has forfeited between $135 billion and $175 billion in export revenue as a consequence of not doing business with the Islamic Republic.

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