The Biden administration has built an unprecedented machine for economic and technological coercion. When Russia invaded Ukraine, the United States and its allies cut off Russia’s access to its own central bank reserves held outside Russia. The administration revamped export controls to strangle China’s access to the powerful and specialized semiconductors needed to train A.I., ...

If Donald Trump wins the presidential elections in November, even Canadians could be blocked from their bank accounts. In our recent book… Henry Farrell and Abraham Newman, “Canada Needs to Start Preparing for Trump – and Getting Other Allies Involved,” Toronto Globe and Mail, March 2, 2024. Access the full article here.