The Rise and Fall of Economic Statecraft
Government
When Donald Trump returns to the White House in late January, he’ll hold the levers of U.S. economic power. The ubiquity of the dollar as a currency of exchange, coupled with the centrality of U.S. financial institutions and networks, gives Washington an unparalleled ability to make it hard for adversaries to do business. Since 9/11, the United States has wielded financial sanctions at an increasing scale and scope, targeting individuals, governments, and nonstate actors. It has even turned
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