Lawfare Archive: Weaponizing the Dollar with Saleha Mohsin

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4.7 • 6.2K Ratings

🗓️ 5 April 2025

⏱️ 57 minutes

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Summary

From March 20, 2024: Since World War II, the United States and its currency, the dollar, have come to play a central role in the broader global economy. And in recent decades, policymakers have used this role as a weapon, cutting off access to malign actors and punishing those who act contrary to U.S. national security interests. But cultivating such primacy has proven to be a double-edged sword, with more complicated ramifications for many Americans.

In her new book “Paper Soldiers: How the Weaponization of the Dollar Changed the World Order,” Bloomberg reporter Saleha Mohsin digs into the history of the dollar’s role in the global economy and what its increasing weaponization may mean moving forward. Lawfare Senior Editor Scott R. Anderson recently joined Mohsin to discuss her new book and what we should all know about the new economic and political moment we are living through.

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1:51.1	I'm Carolyn Cornett, intern out Lawfare, with an episode from the Lawfare Archive for April 5th, 2025.
1:57.5	On Wednesday, April 2nd, President Donald Trump, citing trade deficits in the desire to boost U.S. manufacturing, unveiled sweeping tariffs, including a base rate of 10%
2:03.0	in additional reciprocal tariffs on over 80 countries. Following the announcement, the dollar
	...

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