Western sanctions led Russia to greatly increase trade with Asia, while devastating Europe’s economy. The US tech war against China is damaging its own industry.
by Renate Bridenthal
Part 1
Economic coercion, through the imposition of sanctions, is an act of war. Many of these sanctions have caused hardship, especially for the civilian populations of targeted countries.
But just as a rifle recoils on the shooter’s shoulder, potentially causing injury, so too can sanctions backfire on the user. That is the title of a new book, “Backfire: How Sanctions Reshape the World Against U.S. Interests.”
But just as a rifle recoils on the shooter’s shoulder, potentially causing injury, so too can sanctions backfire on the user. That is the title of a new book, “Backfire: How Sanctions Reshape the World Against U.S. Interests.”
This is not to say that sanctions don’t cause suffering, but they have a mere 13% success rate in altering a targeted state’s behavior in the way desired.
The failure of sanctions has long been recognized, although that seems not to have dampened U.S. persistence in adding ever more of them.
The blowback effect has begun, and more is predictably on the horizon. This present analysis will focus on the two main geopolitical targets of U.S. policy: Russia and China.
The failure of sanctions has long been recognized, although that seems not to have dampened U.S. persistence in adding ever more of them.
The blowback effect has begun, and more is predictably on the horizon. This present analysis will focus on the two main geopolitical targets of U.S. policy: Russia and China.
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