Sanctions Space Edward Fishman on the Age of Economic Warfare
Feb 18, 2025
Edward Fishman, an expert on economic statecraft and author of 'Chokepoints,' delves into the current landscape of economic warfare. He discusses how sanctions, tariffs, and export controls have become vital tools in international competition. Fishman analyzes U.S.-Russia negotiations and the critical role of sanctions relief. He also touches on the implications of U.S. sanctions on China and Iran, predicting how shifting policies will impact global economic dynamics. His insights highlight the urgent need for sanctions literacy in today’s geopolitical climate.
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Economic Warfare Is the New Normal
- We are currently in an age of economic warfare where sanctions, export controls, and tariffs are primary ways states compete.
- This power shift took shape over the last 20 years and will define global geopolitics going forward.
Exponential Growth of Sanctions Use
- The use of sanctions has grown exponentially over recent U.S. administrations, with Trump and Biden doubling sanctions each term.
- Trump’s administration blurs the line between tariffs, export controls, and sanctions as interchangeable economic weapons.
Russia's Key Sanctions Demands
- Russia urgently seeks sanctions relief focusing on unfreezing $300 billion in assets and lifting energy sanctions.
- Technology access, especially semiconductors, is a critical demand for sustaining Russia's industrial and military sectors.
