Analysis & Opinions - Project Syndicate
Power and Interdependence in the Trump Era
US President Donald Trump has been accused of weaponizing economic globalization. Sanctions, tariffs, and the restriction of access to dollars have been major instruments of his foreign policy, and he has been unconstrained by allies, institutions, or rules in using them. According to The Economist, America derives its clout not just from troops and aircraft carriers, but from being the central node in the network that underpins globalization. "This mesh of firms, ideas and standards reflects and magnifies American prowess." But Trump’s approach may "spark a crisis, and it is eroding America's most valuable asset — its legitimacy."
Trump is not the first president to manipulate economic interdependence, nor is the United States the only country to do so. For example, in 1973, Arab states used an oil embargo to punish the US for supporting Israel in the Yom Kippur War....
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For Academic Citation:
Nye, Joseph S. Jr.“Power and Interdependence in the Trump Era.” Project Syndicate, July 3, 2019.
The Author
Joseph S. Nye
- Harvard University Distinguished Service Professor
- Member of the Board, Belfer Center
- Faculty Affiliate, Future of Diplomacy Project
Expertise:
- Weak/Failed states
- Coronavirus
- Intelligence in policymaking
- Military strategy
- International Relations
- Soft power
- U.S. foreign policy
- U.S. primacy
- History
- International development
- International Security & Defense
- Weapons of Mass Destruction
- Terrorism & Counterterrorism
- Military policy
- Afghanistan war
- China & security
- Democracy
- Intelligence
- Nuclear Issues
- Dirty bombs
- Nuclear proliferation
- Nuclear security
- Nuclear terrorism
- Nuclear weapons
- U.S. nuclear issues
- Cyber Security
- Recommended
- In the Spotlight
- Most Viewed
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Why the United States Should Spread Democracy
US President Donald Trump has been accused of weaponizing economic globalization. Sanctions, tariffs, and the restriction of access to dollars have been major instruments of his foreign policy, and he has been unconstrained by allies, institutions, or rules in using them. According to The Economist, America derives its clout not just from troops and aircraft carriers, but from being the central node in the network that underpins globalization. "This mesh of firms, ideas and standards reflects and magnifies American prowess." But Trump’s approach may "spark a crisis, and it is eroding America's most valuable asset — its legitimacy."
Trump is not the first president to manipulate economic interdependence, nor is the United States the only country to do so. For example, in 1973, Arab states used an oil embargo to punish the US for supporting Israel in the Yom Kippur War....
Want to Read More?
The full text of this publication is available via Project Syndicate.The Author
Joseph S. Nye
- Harvard University Distinguished Service Professor
- Member of the Board, Belfer Center
- Faculty Affiliate, Future of Diplomacy Project
- Weak/Failed states
- Coronavirus
- Intelligence in policymaking
- Military strategy
- International Relations
- Soft power
- U.S. foreign policy
- U.S. primacy
- History
- International development
- International Security & Defense
- Weapons of Mass Destruction
- Terrorism & Counterterrorism
- Military policy
- Afghanistan war
- China & security
- Democracy
- Intelligence
- Nuclear Issues
- Dirty bombs
- Nuclear proliferation
- Nuclear security
- Nuclear terrorism
- Nuclear weapons
- U.S. nuclear issues
- Cyber Security
- Recommended
- In the Spotlight
- Most Viewed
Recommended
Journal Article - Asian Security
Threat and Opportunity: Chinese Wedging in the Senkaku/Diaoyu Dispute
Analysis & Opinions - Institut Montaigne
The Fall of American Primacy? Interview with Stephen Walt
Analysis & Opinions - Foreign Policy
Europe's Future Is as China's Enemy
In the Spotlight
Most Viewed
Policy Brief - Quarterly Journal: International Security
The Future of U.S. Nuclear Policy: The Case for No First Use
Discussion Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School
Why the United States Should Spread Democracy
