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As economic rivalries escalate, the global balance of power is shifting through strategic financial maneuvers.Washington Today
A new report reveals how China and Iran have increasingly turned to economic tactics to counter U.S. geopolitical influence, weaponizing global trade and finance in ways that are starting to impact American consumers and businesses. Washington once held a near monopoly on these types of economic warfare strategies, but that advantage has eroded as rival powers adopt similar tactics.
Why it matters
The shifting balance of economic power has significant implications for U.S. global leadership and the stability of the international order. As China and Iran leverage economic tools to advance their interests, it threatens to undermine Washington’s ability to wield influence through sanctions,…
