Peter Harrell on Global Sanctions in 2024

‘There are going to be frictions – I think what we can hope for is that both sides will try to figure out a way to just kind of manage through the bumps in the relationship, and so while there will be challenges, and while there will be bumps, at the strategic level the relationship will remain broadly stable – at least that’s the hope.’ -Peter Harrell on US-China relations in 2024 In the latest episode of the Sanctions Space Podcast, Justine is joined by Peter Harrell, nonresident fellow at Carnegie Endowment for International Peace and attorney. They discuss recent and anticipated Russia sanctions developments (including EO 14114, increasing focus on third countries, and price cap developments), what may be in store for US-China relations and export controls, and priorities on Capitol Hill for 2024. Peter E. Harrell is a nonresident fellow at the Carnegie Endowment for International Peace. He also serves as an attorney advising companies and investors on international legal, regulatory, and geopolitical risks. As a member of Carnegie’s American Statecraft program, Harrell’s research focuses on issues of U.S. domestic economic competitiveness, trade policy, and the use of economic tools in U.S. foreign policy. Among a number of previous senior roles, from January 2021 through 2022, Harrell served at the U.S. White House as Senior Director for International Economics, jointly appointed to the National Security Council and the National Economic Council. Read Peter’s bio at https://carnegieendowment.org/experts/2357