Preserving the Power of U.S. Economic Sanctions in a Multipolar World

Preserving the Power of U.S. Economic Sanctions in a Multipolar World
President Donald Trump signs a memorandum on the Iran nuclear deal from the Diplomatic Reception Room of the White House, Washington, May 8, 2018 (AP photo by Evan Vucci).

Economic sanctions are not a panacea for national security and other foreign policy challenges, though American policymakers often treat them as such. Just in the past year, the Trump administration has imposed new sanctions against Iran, North Korea, Russia and Venezuela, many of them building on sanctions previously imposed by the Obama administration. The overall results are mixed, although in some of these cases, sanctions have contributed to changes in foreign behavior that the United States finds discomfiting or dangerous. Tough United Nations sanctions against Iran, under President Barack Obama, and North Korea, under President Donald Trump, forced both Tehran […]

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