This Is How Trump Will Smash the Machine of U.S. Economic Power

Economic security officials worked across administrations, gradually developing grand ambitions of a global order founded on financial sanctions, export controls and development of crucial technologies. Each new administration built up the economic weapons it inherited from the last and encouraged its successors to keep building the structures of American economic power. We are about to find out what happens when those structures are controlled by a disruptive administration — and what happens when that administration inherits the weapons without the accompanying sense of responsibility.

Read the full article in the New York Times.

Other Writing:

Essay

Will Governments Restrict Foreign Access to Pandemic Supplies? – with Abraham Newman

As the Covid-19 pandemic unfolds, there is a lurking threat that we can no longer ignore: What happens if countries hoard or even nationalize vital resources to fight the disease? On March 2, according to the New York Times, the White House tried to persuade CureVac, a German company that is working on a Covid-19 ...
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Essay

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

Donald Trump complains that they are undermining the supremacy of the dollar. Access the full article here. Henry Farrell (and Abraham Newman), “America Should Think Twice Before Replacing Sanctions with Tariffs,” Financial Times, September 19, 2024.
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