Really quite ridiculous that there are sanctions on something like 1/3 of the world.
* authority to prohibit U.S. citizens from engaging in financial transactions with the individuals, entities, or governments on the list, except by license from the U.S. government
* requiring the United States to oppose loans by the World Bank and other international financial institutions,
* diplomatic immunity waived, to allow families of terrorism victims to file for civil damages in U.S. courts,
* tax credits for companies and individuals denied, for income earned in listed countries,
* duty-free goods exemption suspended for imports from those countries, and
* prohibition of U.S. Defense Department contracts above $100,000 with companies controlled by countries on the list.
If we look at the map on that same page, we can see that very few countries have a total financial sanction such as the likes of Iran.
> Really quite ridiculous that there are sanctions on something like 1/3 of the world.
Sanctions are one of the de facto tools in the arsenal of American soft diplomacy. To be frank, the US has so many sanctions because the USD is so powerful.
That's appealing to sanctions' effectiveness. It's unclear they are. Instead, they're a potent signalling mechanism that's more palatable than shipping arms or worse, soldiers.