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June 12, 2012
Our fastest-growing export market?
Wow! Exports tripled between March and April, while April 2012 is up 200% over April 2011. Which country is our great customer? Uh-oh, It is Iran. Michael Rubin reports at Commentary: On the same day the Obama administration has exempted South Korean and Indian compliance with sanctions on Iran, the Iranian press is reporting that U.S. trade with Iran tripled between March and April 2012. The report is from Iranian sources, so some degree of caution is in order. Nevertheless, this hardly suggests that Obama is seriously pressuring Iran - it suggests precisely the opposite. Hat tip: Lauri Regan(Read Full Post)