Agathe Demarais is a columnist at Foreign Policy, a senior policy fellow on geoeconomics at the European Council on Foreign Relations, and the author of Backfire: How Sanctions Reshape the World Against U.S. Interests.
A captain in full uniform and hat uses a cell phone to take a photo during a ceremony to name a Rosneft oil tanker in Russia. A large ship and scaffolding extends behind him as people walk in the distance at the port.
U.S. President Joe Biden holds a microchip before signing an executive order on securing critical supply chains, at the White House in Washington on Feb. 24, 2021.
A line of Liberian children, dressed in matching uniforms of yellow shirts and navy blue shorts, hold Chinese flags as they lean over to see farther up the road.
U.S. President Joe Biden holds a semiconductor during his remarks before signing an executive order on the economy in the State Dining Room of the White House in Washington, D.C.