The Trajectory of U.S. Economic Statecraft

The current economic “moment” is seeing a generational re-ordering of global trade, alliances, and capital. The Trump Administration is unleashing an unprecedented and muscular use of economic power, with tariffs on historical allies and adversaries alike, ramped up sanctions on Iran and Venezuela, new investment incentives and reviews, and willingness to endure economic pain to remake the global order. The framework and objectives for this new use of economic power, however, continue to evolve.

What tools are available for advancing America’s strategic interests and what doctrinal guardrails should govern their use? How can the U.S. and partners limit emerging geoeconomic risks? What new models of economic integration, trade, investment, and development should we be pursuing? Which pathways are available to counteract adversarial challenges, and what strategic alignments are required among allies to sustain U.S. and global prosperity? As questions abound, the United States and its partners face choices about how to safeguard domestic interests while fostering global economic resilience and security.

To examine these questions and more, FDD hosts an on-the-record expert panel including Brian Hook, vice chairman of Cerberus Global Investments; Juan C. Zarate chairman and co-founder of FDD’s Center on Economic and Financial Power (CEFP); and Elaine Dezenski, senior director and head of FDD’s Center on Economic and Financial Power (CEFP).

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The Foundation for Defense of Democracies (FDD) is a Washington, DC-based nonpartisan 501(c)(3) research institute focusing on national security and foreign policy. FDD does not accept donations from any foreign governments.
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Founded shortly after the attacks of September 11, 2001, FDD conducts actionable research, prepared by experts and scholars from a variety of backgrounds – including government, intelligence, military, private sector, academia, and journalism. It brings proficiency in foreign languages, law, finance, technology, and other skills to its work.

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