Home Views Global Economy

US' economic blockades not unlike an act of war

Jeffrey D Sachs
Jeffrey D Sachs7/5/2019 8:0 AM GMT+08  • 6 min read
US' economic blockades not unlike an act of war
SINGAPORE (July 8): US President Donald Trump has based his foreign policy on a series of harsh economic blockades, each designed to frighten, coerce and even starve the target country into submitting to US demands. While the practice is less violent than
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 8): US President Donald Trump has based his foreign policy on a series of harsh economic blockades, each designed to frighten, coerce and even starve the target country into submitting to US demands. While the practice is less violent than a military attack, and the blockade is through financial means rather than the navy, the consequences are often dire for civilian populations. As such, economic blockades by the US should be scrutinised by the United Nations Security Council under international law and the UN Charter.

When Trump campaigned for office in 2016, he rejected the frequent US resort to war in the Middle East. During the years 1990 to 2016, the US launched two major wars with Iraq (1990 and 2003), as well as wars in Afghanistan (2001), Libya (2011) and Syria (2012). It also participated in many smaller military interventions (Mali, Somalia and Yemen, among others). While the Syrian War is often described as a civil war, it was in fact a war of regime change led by the US and Saudi Arabia under a US presidential ­directive called Timber Sycamore.

None of these US-led wars (and others in recent history) achieved their political objectives, and the major conflicts have been followed by chronic violence and instability. The attempt to force Syria’s Bashar al-Assad from power led to a proxy war — eventually involving the US, ­Syria, Russia, Saudi Arabia, Qatar, Iran, Turkey, Israel and the United Arab Emirates — that displaced more than 10 million Syrians and caused around a half-million violent deaths.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.