Edward Fishman's "Chokepoints" reveals the strategic role of American economic warfare through sanctions targeting adversaries like Iran, Russia, and China. The book combines Fishman's experience in government with thorough reporting to analyze the effectiveness and implications of these sanctions. As discussions of U.S.-Russia relations unfold under Trump, Fishman voices concerns about previous sanctions' retraction, signifying a potential weakness that could embolden adversaries. Through historical insights, Fishman illustrates the delicate balance of power shaped by financial sanctions in the evolving global landscape.
In 2018, under pressure from Congress, Trump imposed sanctions on Oleg Deripaska, causing aluminum prices to skyrocket and chaos in metal markets, leading to a withdrawal of sanctions.
Fishman believes that the Trump administration's handling of sanctions revealed a willingness to reverse tough actions under pressure, signaling weakness that could embolden adversaries.
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