Edward Fishman: How the U.S. turned the global financial system into a potent weapon of war скачать в хорошем качестве

 Edward Fishman: How the U.S. turned the global financial system into a potent weapon of war

In the last two decades, a new form of economic warfare has emerged, pioneered by officials from the George W. Bush era, who transformed the global financial system into a potent weapon against their adversaries. The key was leveraging economic resources that the US dominates–such as the US dollar–to exert pressure on adversaries. Tariffs, though not traditionally considered a tool of economic warfare, have historically been used for economic reasons, such as securing reciprocal trade agreements or protecting domestic industries from foreign competition. Trump, however, has so far treated them as a catch-all solution for all sorts of issues, including the migrant crisis. “He’s trying to use tariffs as this cure-all, almost like a magic bullet to solve every possible problem,” says Edward Fishman, a former State Department and Treasury sanctions official under the Obama administration. “Tariffs are actually a weak tool if you're using them as a national security weapon.” For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC:    / msnbc   » Subscribe to MSNBC on TikTok   / msnbc   » Subscribe to MSNBC on Instagram   / msnbc   Download our new MSNBC app for the latest breaking news and daily headlines at a glance: https://www.msnbc.com/information/dow... Follow MSNBC Show Blogs MaddowBlog: https://www.msnbc.com/maddowblog MSNBC delivers breaking news, in-depth analysis of political headlines, commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Inside with Jen Psaki, Morning Joe, The Beat, Deadline: White House, All In, The Last Word, The 11th Hour, and more. Connect with MSNBC Online Visit msnbc.com: https://www.msnbc.com/ Subscribe to the MSNBC Daily Newsletter: https://link.msnbc.com/join/5ck/msnbc... #ChokePoints #EdwardFishman