America Should Think Twice Before Replacing Sanctions with Tariffs – with Abraham Newman

Donald Trump complains that they are undermining the supremacy of the dollar.

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Henry Farrell (and Abraham Newman), “America Should Think Twice Before Replacing Sanctions with Tariffs,” Financial Times, September 19, 2024.

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Much recent international relations scholarship has argued that states are unable to control e-commerce, so that private actors are coming to play a dominant role. However, this body of literature fails to account for emerging “hybrid institutions,” in which states create general frameworks of rules, which are then implemented by private actors. This article examines ...
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