Authors
Aleksandra Kirikakha, Gabriel J Felbermayr, Constantinos Syropoulos, Erdal Yalcin, Yoto V Yotov
Publication date
2021/12/10
Book
Research handbook on economic sanctions
Pages
62-106
Publisher
Edward Elgar Publishing
Description
While, depending on the definition of a sanction, one may question the statement from the opening quote that the Trump administration has imposed sanctions at a pace of about three times a day, two parts of this quote are undeniable. The first is that, indeed, President Trump imposed sanctions at a record-shattering rate, more than any other US president. The second is that most of the sanctions that were imposed during the Trump presidency would probably remain in place during the Biden administration. Given the prominence of the United States in the global economy, it is natural to expect its sanctions to have significant economic and geopolitical consequences. What is more, the US sanctions during the Trump presidency may trigger retaliation or, more broadly, elevate the use of sanctions to a commonly accepted norm that stretches the length of their worldwide reach and magnifies the depth of their impact …
Total citations
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Scholar articles
A Kirikakha, GJ Felbermayr, C Syropoulos, E Yalcin… - Research handbook on economic sanctions, 2021