Sanctions

Reset U.S.-Syria policy

Reset U.S.-Syria policy

Washington’s current Syria policy is failing and misguided, and it should be abandoned for one consistent with U.S. interests. The approximately 900 U.S. military forces in northeastern Syria lack a justifying rationale given the last ISIS-held territory was liberated in March 2019, more than four years ago—continued occupation with so few forces, and without a vital U.S. security goal, runs needless risks with imperceptible potential gains. U.S. forces are vulnerable to local militias with local aims that could otherwise not reach them. Existing sanctions punish regular Syrians in service of unrealistic, unnecessary regime-change goals. Syria is a strategically unimportant country that poses no direct threat to the United States nor its limited and diminishing interests in the Middle East. With higher priorities at home and in Asia, the U.S. should recalibrate sanctions and end its open-ended presence in Syria.

Iran deal negotiations and U.S. options if talks collapse

Iran deal negotiations and U.S. options if talks collapse

U.S.-Iran nuclear diplomacy is on the brink of collapse. A year after President Trump withdrew from the JCPOA, Iran restarted and advanced its nuclear program. Despite re-engaging with Tehran diplomatically, the Biden administration has so far failed to revive the JCPOA in large part because the administration continues its predecessor’s approach of maximum pressure. If the administration doesn’t shift course, it will likely destroy the JCPOA, and Iran will move toward a bomb. This predictable failure, however, would not justify preventive military strikes that could result in U.S.-Iran war.

"Maximum pressure" harms diplomacy and increases risks of war with Iran

"Maximum pressure" harms diplomacy and increases risks of war with Iran

Supporters of the U.S. “maximum pressure” strategy on Iran said sanctions would compel Tehran to accede to U.S. demands, but the strategy failed. Iran resumed enriching uranium at higher levels and increased its aggression in the Middle East. The U.S. can offer some relief from specific sanctions now, unwinding the failed strategy and helping to return both sides to compliance with the JCPOA. No matter what happens in current nuclear talks, however, U.S.-Iran diplomacy should continue, and the U.S. should avoid unnecessary war with Iran.

Recalibrating sanctions to preserve U.S. financial hegemony

Recalibrating sanctions to preserve U.S. financial hegemony

Washington has increasingly turned to sanctions in recent years, even as they fail to achieve desired policy outcomes and dilute U.S. power overtime. Overreliance on financial sanctions, for example, risks the U.S. dollar’s status as the dominant reserve currency. Correcting the errors of U.S. sanctions policy demands a serious reevaluation of all sanctions, a higher bar for imposing new sanctions, and a coordinated effort to curtail financial and secondary sanctions in particular.

U.S. foreign policy priorities for the next four years

U.S. foreign policy priorities for the next four years

The next four years are an opportunity for the U.S. to pursue a new, more realistic foreign policy. In addition to the urgent task of ending endless wars, the U.S. should focus on narrow missions in the Middle East to thwart anti-U.S. terror threats. In Europe, the U.S. should shift burdens to NATO members. And in East Asia, it should encourage allies to invest in defensive capabilities to strengthen deterrence. In all, abandoning the failed status quo in favor of a foreign policy based on restraint will mean a stronger America with more security at less cost and risk.

Counting the cost of financial warfare

Counting the cost of financial warfare

America’s dominance of the global financial system confers many advantages: influence over the institutions governing the global economy, the ability to borrow cheaply, and regulatory authority over most large foreign corporations. Policymakers have abused this power, often sanctioning other states to punish rather than secure realistic political concessions. Overuse of sanctions has spurred other nations to develop alternative economic and financial institutions outside the U.S.-led system—threatening to undermine U.S. financial hegemony. Sanctions, a tool of statecraft, are best employed when carefully crafted and in pursuit of necessary, clear, attainable goals.