When Washington seeks to curtail Beijing’s ambitions or punish Moscow for its war in Ukraine, it often turns to a familiar tool: sanctions. In the last two years, the Biden administration has deployed unprecedented muscle in the form of sanctions as part of its foreign-policy arsenal.
The question is whether those sanctions work effectively. In which countries are they achieving their desired impact? Where are they less successful? And how does the use of sanctions impact U.S. power more broadly?
Join FP’s Ravi Agrawal in conversation with two experts: Agathe Demarais, the global forecasting director at the Economist Intelligence Unit and author of Backfire: How Sanctions Reshape the World Against U.S. Interests, and Nicholas Mulder, an assistant professor of history at Cornell University and author of The Economic Weapon: The Rise of Sanctions as a Tool of Modern War. Together, they will explore how sanctions impact U.S. interests today and whether policymakers need to change course.