June 18, 2018
The DETER Act Will Not Deter Russia. It Will Instead Hurt US, EU Economies
By Daniel Fried and Brian O'Toole
While we frequently advocate for tough action to deter Moscow from its many aggressions, our analysis in this piece still stands: the DETER Act is the wrong way to address concerns about Russian President Vladimir Putin’s aggression.
To be blunt: the DETER Act is a crude instrument that would inflict damage on global markets and US, EU, and other key economies, without sufficient benefit from the mandatory sanctions to justify the collateral damage.
For details of our argument, please read the original article here.
Daniel Fried is a distinguished senior fellow in the Atlantic Council’s Future Europe Initiative and Eurasia Center. In the course of his forty-year Foreign Service career, Fried played a key role in designing and implementing US policy in Europe after the fall of the Soviet Union.
Brian O’Toole is a nonresident senior fellow with the Atlantic Council’s Global Business and Economics Program. Follow him on Twitter @brianoftoole.