August 26, 2020

Sharper: The Future of U.S. Sanctions Policy

By Kaleigh Thomas, Cole Stevens and Chris Estep

Sanctions are increasingly common in U.S. foreign policy and economic statecraft. But they are not a cure-all. Sanctions are effective only when used alongside other tools in a coherent strategy and aimed at clear policy objectives. CNAS experts are examining how and when the United States can employ sanctions most successfully. Continue reading this edition of Sharper to explore their ideas about how the United States must recalibrate sanctions policy.

Reports

Strengthening the Economic Arsenal

Policymakers need a clear framework for how to use economic coercion that complements and works alongside existing frameworks for the use of military coercion. In the CNAS report “Strengthening the Economic Arsenal: Bolstering the Deterrent and Signaling Effects of Sanctions,” authors Elizabeth Rosenberg and Jordan Tama outline ways to improve how the United States uses sanctions, including by making U.S. sanctions-removal assurances more credible, rethinking the role of sanctions in pressure targeting adversaries, and emphasizing the importance of information-sharing and transparency around sanctions for effective foreign policy.

Reengaging Iran

Any U.S. administration seeking diplomatic engagement with Iran will be forced to deal with a number of complicated challenges, including: the technical complexities of Iran’s nuclear program; the ability to unwind or reimpose a complex sanctions regime; the difficulties imposed by both Iranian and American domestic politics; and the interests and concerns of key international actors. To address this challenge, the CNAS report “Reengaging Iran: A New Strategy for the United States,” authored by Ilan Goldenberg, Elisa Catalano Ewers, and Kaleigh Thomas, outlines a phased approach for engaging Iran in 2021 that takes into account economic, regional, and nuclear issues.

Sanctions by the Numbers

While no quantitative list or specific number of designations can exactly gauge the coercive pressure applied on a target or the efficacy of using sanctions, CNAS' sanctions data-tracking project provides basic information about U.S. sanctions designations and delistings. In the first presentation of the series, Johnpatrick Imperiale examines the last ten years of U.S. financial sanctions designations as a core instrument of foreign policy. In the second installment, Abigail Eineman presents heat maps of the most heavily targeted states in three periods of time: over the course of the Obama administration from 2009–2017, the Trump administration from 2017–June 2020, and a snapshot of the past decade through June 2020.

Energy, Economics, & Security

Strengthening the Economic Arsenal

Foreword By David S. Cohen Sanctions occupy a strange place in U.S. national security. For many years, they were derided as mostly ineffective. The received wisdom was that sa...

Middle East Security

Reengaging Iran

The international community may find Iran ready to consider a return to negotiations in 2021—regardless of the results in November....

Energy, Economics, & Security

Sanctions by the Numbers

In February, CNAS launched Sanctions by the Numbers, a project to track U.S. sanctions designations and delistings. In this second installment, heat maps show the most heavily...

Energy, Economics, & Security

Sanctions by the Numbers

The United States uses financial sanctions as a prominent tool of foreign policy. While this tool is used with increasing frequency and popularity, there is relatively limited...

Commentary

Experts from across the Center have offered timely analysis on the future of U.S. sanctions.

  • In March, Peter Harrell argued in Just Security that "there is growing discussion in Washington about potential reforms to presidential emergency powers, a debate that will only intensify as a result of the coronavirus pandemic."
  • "National security policymakers are overdue to incorporate economic instruments, such as sanctions and trade controls, into planning for conflicts and crises," Elizabeth Rosenberg and Jordan Tama wrote in Defense One in December 2019.
  • Edward Fishman argued in a June piece for Lawfare that "U.S. policymakers owe it to both themselves and the people in the countries that confront American sanctions to think seriously about how the U.S. government can leverage economic damage to advance worthy policy goals."
Energy, Economics, & Security

The Right Way to Reform the U.S. President’s International Emergency Powers

There is growing discussion in Washington about potential reforms to presidential emergency powers, a debate that will only intensify as a result of the coronavirus pandemic. ...

Energy, Economics, & Security

Add Economic Policy to Deterrence Planning

American defense leaders have adapted over the years to shifts in technology and conflict — for example, accepting space and cyber as principal warfighting domains and integra...

Energy, Economics, & Security

How to Fix America’s Failing Sanctions Policy

In his landmark 1921 book “The Command of the Air,” the Italian military theorist Giulio Douhet argued that the advent of airpower would dramatically alter the nature of war. ...

  • Edoardo Saravalle wrote in a July commentary for CNAS, "A clearer view of international monetary affairs and the Federal Reserve’s actions can improve sanctions policy."
  • In November 2018, Kaleigh Thomas warned in World Politics Review that "squeezing Iran financially will feed the division between the United States and Europe over how to address threats from Iran, whether its destabilizing activities in Syria and Yemen or its ballistic missile program."
  • "If the U.S. government takes a few bold steps to combat North Korea’s financing of proliferation," Elizabeth Rosenberg and Neil Bhatiya wrote in a CNAS commentary this March, "it could lead us to a much safer and more secure world."
Energy, Economics, & Security

How U.S. Sanctions Depend on the Federal Reserve

Foreign policy professionals will have to understand what the Federal Reserve is doing and how it affects U.S. national security....

Middle East Security

Sanctions Alone Won’t Alter Iran’s Behavior in the Middle East

The U.S. Treasury Department recently designated a network of 22 Iranian businesses as supporters of terrorism, including several banks and major commodities companies, imposi...

Energy, Economics, & Security

Busting North Korea’s Sanctions Evasion

North Korea is the most sophisticated, creative, and dangerous actor when it comes to stealthy and skillful methods of financing illicit nuclear and missile proliferation. Whi...

In the News

Featuring commentary and analysis by Elizabeth Rosenberg, Peter Harrell, Kristine Lee, and Ilan Goldenberg.

Energy, Economics, & Security

Additional Iran-Related Sanctions by U.S. May Have Little Impact, Sanctions Experts Say

Sanctions observers expect the U.S. to impose more sanctions on Iranian officials or companies that trade with Iran as tensions escalate between Tehran and Washington followin...

Asia-Pacific Security

U.S. Slaps Sanctions on Xinjiang’s Vast Paramilitary Settler Corps

The Trump administration slapped sanctions on a vast paramilitary Chinese colonial enterprise in Xinjiang and two Chinese officials on Friday, in a move likely to drive the U....

Middle East Security

Europe is threatening to fight Trump on Iran sanctions

When the Trump administration withdrew from the Iran nuclear deal on Tuesday, it notified the world that companies doing business with Iran have between three and six months t...

Asia-Pacific Security

Special Report: How China got shipments of Venezuelan oil despite U.S. sanctions

The United States had imposed sanctions on Venezuela’s state-owned oil company as part of a bid to topple that country’s socialist president, Nicolas Maduro. U.S. refineries s...

About the Sharper Series

The CNAS Sharper series features curated analysis and commentary from CNAS experts on the most critical challenges in U.S. foreign policy. From the future of America's relationship with China to the state of U.S. sanctions policy and more, each collection draws on the reports, interviews, and other commentaries produced by experts across the Center to explore how America can strengthen its competitive edge.

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