Why US economic sanctions often fail
Dollar & Sense: The Brookings Trade Podcast
00:00
The Role of European Allies in the US Sanctions
There have been a lot of sanctions disputes. I think we can call them disputes between both sides of the Atlantic. The US exit from the nuclear deal in 2018 put European companies in a very strange position because they couldn't choose to ditch the American market. And the second example that I give is Nord Stream 2 saga, it wasn't a great idea to build a pipeline connecting Russia to Germany. This was all pre-February 2022 but there was an agreement about one thing: this should not happen.
Transcript
Play full episode
