Sputnik - Any move by US President Donald Trump to threaten economic sanctions on China for its trade with Iran could set off global chaos as support for such moves among US allies in Europe evaporates, former CIA officer Phil Giraldi told Sputnik.



"It will be interesting to�see what happens when Washington tries to�sanction the Central Bank of�China over�business dealings with�Iran�� utter chaos on�top of�the already existing trade war!" Giraldi said on�Friday.


The participants in�the Joint Comprehensive Plan of�Action (JCPOA), also known as�the Iran nuclear agreement, confirmed on�Friday at�the meeting of�the JCPOA Joint Commission in�Vienna the need to�continue the full and effective implementation of�the agreement.

The JCPOA participants including the United Kingdom, France and Germany affirmed their support for�continued export of�Iran�s oil and gas condensate, petroleum products and petrochemicals and for�further trade with�and investment in�Iran, their joint statement said.

However, Giraldi cautioned that that British Prime Minister Theresa May, German Chancellor Angela Merkel and French President Emmanuel Macron could face major pressure from�Washington to�scrap their ties to�Iran, and that they might surrender to�it.
"I think this is admirable, but�it will come up�against the hard reality of�US sanctions if Trump pushes the issue, which I think he will do based on�recent statements by [presidential adviser Rudy] Giuliani and [Secretary of�State Mike] Pompeo that nothing short of�regime change for�Iran is envisioned by�the White House," he said.


Faced with�such pressure, May, Merkel and Macron might yield to�Washington�s demands, Giraldi advised.
"The Western Europeans will likely crumble because the threat of�blocking them out�of the US financial system would be too hard a pill to�swallow if Trump really wants to�make them squirm," he said.


Giraldi pointed out�he was concerned that the current major European leader slacked the determination to�stand up�to trump for�their nations� best interests.

"Of course, the US economy will also suffer greatly, which will be a card they can play, but�I do not see leaders of�the caliber of�Merkel, May and Macron fighting very hard on�behalf of�what they know to�be right and correct relating to�Iran," he said.

Trump was listening to�extremists on�the Iran issue and was unlikely to�change direction, Giraldi assessed.

"It comes down�to Trump and his God-awful advisers wanting something much more than�the Europeans do so they will give in. Russia and China will, of�course, do the right thing," he said.

Philip Giraldi is executive director of�the Council for�the National Interest, a group that advocates more even-handed US government policies in�the Middle East.