At the end of August, U.S. officials imposed new sanctions on Venezuela following the government’s crackdown on both the opposition and the country’s democratic institutions. The measures marked the fourth major expansion in U.S. sanctions programs this summer. (The others were against Iran, North Korea, and Russia.) With each set addressing different security threats, sanctions have been dubbed the “Swiss army knife of U.S. foreign policy” by the scholar Robert Kahn. Yet at a time when Washington has so many such programs in place, determining how best to wind down sanctions is perhaps more important than discussing when and how to impose them. If U.S. leaders want to use sanctions to change their targets’ policies, they need to plan for their eventual removal. Otherwise, Washington will lose credibility during negotiations and limit the mechanism’s effectiveness.
Read the full op-ed in Foreign Affairs.
More from CNAS
PodcastThe Cost of Economic War
Sanctions, not bombs, have been the weapon chosen to take on the Putin regime. BBC speaks with macroeconomist Rachel Ziemba about the effectiveness of modern economic statecra...
By Rachel Ziemba
CommentaryHarnessing the Metaverse: States of All Sizes
With the innovation of the metaverse and its capacity to support different methods of social interaction outside of our physical universe, there is opportunity for states to d...
By Michael Greenwald
CommentaryWant to Help Taiwan? Support a Muscular Japan
Japan's political leadership must fight to sustain Abe's spirited internationalism, despite mixed political support at home....
By Daniel Silverberg
CommentarySanctions, Cyber, and Crypto: How Pyongyang Can Exploit the War in Ukraine
If Russian forces completely isolate Donetsk and Luhansk from the rest of Ukraine, North Korea could expand its sanctions evasions campaigns in eastern Europe....
By Jason Bartlett