Keen On

How should America choke enemies like Iran, Russia and China? Not on the battlefield—according to Edward Fishman, that’s yesterday’s game. Today, Fishman argues in Chokepoint, America has turned the world economy into its weapon of global domination. In his bestseller, already shortlisted for the FT’s best business books of the year, Fishman reveals that 21st century American power relies on economic warfare. From Treasury Department lawyers weaponizing the dollar-based financial system to Silicon Valley’s semiconductor stranglehold, sanctions, export controls and financial coercion have replaced military force as America’s primary tools of statecraft. Every U.S. president this century has doubled their predecessor’s use of sanctions—a staggering escalation that has fundamentally reshaped the global economic order and may ultimately lead to less interdependence and, paradoxically, more military conflict. But what about Trump’s tariffs? According to Fishman, Trump has made two critical errors: weaponizing Ame