Henry Farrell and Abraham Newman, “Weaponized Interdependence and Networked Coercion: A Research Agenda,” The Uses and Abuses of Weaponized Interdependence, eds. Daniel Drezner, Henry Farrell and Abraham Newman (Brookings Institution 2021).

In May 2018, Donald Trump announced that the United States was pulling out of the Joint Comprehensive Plan of Action agreement on Iran’s nuclear program and reimposing sanctions. Most notably, many of these penalties apply not to U.S. firms, but to foreign firms that may have no presence in the United States. The sanctions are consequential in large part because of U.S. importance to the global financial network.¹ This unilateral action led to protest among the United States’ European allies: France’s finance minister, Bruno Le Maire, for example, tartly noted that the United States was not the “economic policeman of…

Read the full chapter in The Uses and Abuses of Weaponized Interdependence