Articles on US sanctions

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The Iranian closure of the Strait of Hormuz has largely brought oil traffic to a halt, hitting petroleum-exporting countries hard. Asghar Besharati / Getty Images

The US has long used economic coercion to achieve foreign policy goals — the war in Iran shows how that power has declined

US sanctions on foreign nations have lost some of their power to influence the behavior of other nations – with increasing costs for the US to boot.
Visitors pose next to the stand of Russian fertilizer producer Uralchem at the Saint Petersburg International Economic Forum on June 18, 2025. Olga Maltseva/AFP via Getty Images

Sanctioning ghosts: Why US plans to hit Russia with fresh economic penalties will have little effect

Trade between Russia and US has fallen 90% since 2021 – blunting the impact of any proposed tariffs or sanctions.
Traditional Russian wooden nesting dolls depict U.S. President Donald Trump and Russian President Vladimir Putin at a gift shop in Moscow on Feb. 13, 2025. Tatyana Makeyeva/AFP via Getty Images

Trump’s move to closer ties with Russia does not mean betrayal of Ukraine, yet – in his first term, Trump was pretty tough on Putin

Trump is a transactional president, and US companies could profit if the country aligns with Russia – or backs Ukraine, depending on what is involved for the US.
China provides billions of dollars in loans and direct investments to African nations each year. Oleksii Liskonih/iStock/Getty Images Plus

We asked 1,000 Zimbabweans what they think of China’s influence on their country − only 37% viewed it favorably

Politicians and scholars debate whether China’s economic investments in Africa benefit or exploit local populations. But what does the public think?
Demonstrators attend a pro-Ukraine rally in Taiwan in February 2023. Walid Berrazeg/Anadolu Agency via Getty Images

War in Ukraine is a warning to China of the risks in attacking Taiwan

Foreign policy experts are divided on whether Russia’s invasion of Ukraine makes it more or less likely that China will launch a similar attack on Taiwan. Here are the arguments on both sides.
China and the U.S. compete to be the world’s largest economy, but the dollar dominates the yuan as a currency. peng song/Moment Collection/Getty Images

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency – and be a serious contender against the US dollar

Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.

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