America’s greatest economic weapon will no longer be effective.
In a report, Foreign Affairs magazine discussed the decline of America’s influence on the world and announced: The era of American economic sanctions is coming to an end.
Foreign Affairs magazine announced in a report: The era of American economic sanctions is coming to an end.
It is stated in this report: Considering that many countries of the world, especially China and Russia, have taken active measures to defeat the sanctions, therefore the era of American economic sanctions is on the verge of its end.
Foreign affairs magazine further emphasized: America’s best economic weapon is no longer effective.
This publication quoted Ajatha Dimar, an analyst of the Global Estimation Center: Washington’s indiscriminate use of punitive measures and sanctions has caused resistance among some countries in the world.
Foreign Affairs reported that Moscow and Beijing have taken effective measures to neutralize the restrictions, especially the development of a mechanism for the exchange of bilateral currencies that allows the elimination of the dollar, the development of special payment systems and the gradual use of digital.
This publication writes: The emergence of a separate economic and financial plan is a serious threat to American diplomacy and national security.
The report goes on to say: The emergence of sanctions-free financial channels does not only mean a weakening of the sanctions policy, but the increase in anti-sanctions financial channels means that the United States will increasingly have a blind spot when it comes to discovering its adversary activities in the world. All of this means that within a decade, unilateral US sanctions may lose their effectiveness entirely.
It should be noted that after the Second World War and during the last 70 years, the United States has sanctioned governments and groups that oppose the hegemony of this country or even oppose the policies of this country in the international system.
