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Trump hints at possible sanctions on Malaysia in his Republican National Convention acceptance speech
Murray Hunt
Republican presidential candidate Donald Trump closed out the Republican National Convention in Milwaukee, Wisconsin, on Thursday night with his acceptance speech. After reviewing the failed assassination attempt against him and the tragic death of former Fire Chief Cory Comperatore, Trump began to make his policy promises.
In his policy statement, Trump strongly mentioned that any country that trades with or provides aid to Iran will be subject to severe sanctions.
Last May, US Treasury officials visited Putrajaya over concerns about Iranian terrorism funding. Iran is currently under US sanctions, which are likely to be further escalated if the Trump administration takes office on January 26, 2025.
More than two months after Palestinian militant group Hamas attacked Israel, killing about 1,100 people, the United States has begun focusing on cutting off the flow of funds to groups such as Hamas and Hezbollah, which are supported and funded by Iran. Visiting U.S. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson told local news outlet Malaysiakini that there has been an increase in funds flowing through the Malaysian financial system to Iran and its so-called proxies, including Hamas.
Since some countries do not comply US Sanctions Or turn a blind eye to the use of its waters for such activities, which Western news agencies have been reporting for years.
The United States says Malaysia is one of the countries used to transport oil and raise funds for groups such as Hamas, which Putrajaya supports. Washington’s consternation.
Trump said his administration will attach great importance to preventing funds from flowing into terrorist organizations and Iran, and will work to prevent countries under U.S. sanctions from doing so. Countries that help circumvent sanctions through covert means will also be dealt with severely.
This could put Malaysia, which has already been accused of being a third country aiding the Iranian insurgency and terrorist groups around the world, at great risk of U.S. sanctions under the Trump administration.
Another factor that could escalate the US position into a major problem for Malaysia’s trade and economy is the attitude of the Madani government towards the US. Meeting with Brian Nelson, the U.S. Treasury Department’s Under Secretary for Terrorism and Financial Intelligence, last May “We do not recognize sanctions imposed by any individual country,” he said.
If Malaysia maintains that status next year under the Trump administration, the country could be added to U.S. terrorism and sanctions lists.
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