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US Sanctions as Economic Warfare

On this episode of American Prestige, Jeff Stein on how the functions of US sanctions have changed over time.

Daniel Bessner and Derek Davison

December 10, 2024

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US Sanctions as Economic Warfare w/ Jeff Stein | American Prestige
byThe Nation Magazine

On this episode of American Prestige, Danny and Derek speak with Jeff Stein, White House economics reporter for The Washington Post, about his series on US sanctions for the Post, "The Money War". They talk about the function of economic sanctions for the US and how that's changed over time, broader cases like Iran to targeted ones like Russian businessman Viktor Vekselberg, how sanctions can "disconnect" war from the public, the humanitarian impact, and more.

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On this episode of American Prestige, we speak with Jeff Stein, White House economics reporter for The Washington Post, about his series on US sanctions for the Post, “The Money War,” about the function of economic sanctions for the US and how that’s changed over time, broader cases like Iran to targeted ones like Russian businessman Viktor Vekselberg, how sanctions can “disconnect” war from the public, the humanitarian impact, and more.

The Nation Podcasts

Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.

Canada-US Trade War Escalates, Houthis Seize Yemeni Port, Report Says Netanyahu Ignored 10/7 Warnings / American Prestige
byThe Nation Magazine

I, for one, welcome our new AI overlords. In this week’s news: the EU’s Copernicus Climate Change Service confirms last month was tied for the hottest ever recorded (0:52); the Houthis/Ansar Allah take the port city of Mokha (1:45); the U.S. and Iran exchange ship attacks as oil prices rise (5:25); the IAEA refers Iran to the United Nations (7:32); Trump predicts an end to the Iran war immediately after the midterms (8:59); 12 countries ban products made in Israeli settlements (10:52); a new report alleges that Netanyahu ignored October 7 warnings and a chance to recover hostages (13:49); the IDF takes a strategic ridge in Lebanon, then escalates strikes (18:30); an arbitration court rules against India on the Indus Waters Treaty (20:49); new claims of famine emerge in Sudan’s Darfur region (23:05); the Nigerian government and Boko Haram maintain a ceasefire (24:59); the Trump administration phases out U.S. support for anti-AIDS programs in Namibia (27:21); American envoys Jared Kushner and Steve Witkoff visit Russia and Ukraine (29:22); Ukraine tries to close Russian airspace (31:20); and in a trade war update, Canadian tariffs on U.S. goods take effect (32:50).         

Don't forget Derek's Substack, Foreign Exchanges.

Enjoy Danny's new Substack, Imperialist Realism.

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Daniel BessnerTwitterDaniel Bessner is a historian of US foreign relations and is the author of, among other books, Imperialist Realism.


Derek DavisonDerek Davison is a writer and analyst specializing in international affairs and US foreign policy. He is the publisher of the Foreign Exchanges newsletter, cohost of the American Prestige podcast, and former editor of LobeLog.


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