Max Boot

@maxboot.bsky.social

CFR fellow, Washington Post columnist. Pulitzer finalist for biography. Author: REAGAN: HIS LIFE AND LEGEND, NYT bestseller and NYT 10 best books of 2024. Man of many hats. Repost ≠ endorsement. maxboot.net.

Putin hopes to dangle development deals in front of Kushner and Witkoff to lift U.S. sanctions. He made some progress when Trump announced that the US would be importing diesel fuel from Russia. But most sanctions remain in effect, and Congress passed legislation to strengthen them. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

While Witkoff and Kushner say they would not benefit from the Lukoil sale, the deal reeks of conflicts of interest at best and outright corruption at worst. It is emblematic of the de facto Trump Doctrine — mixing private and public interests to an unprecedented degree. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

Putin hopes to dangle development deals in front of Kushner and Witkoff to lift U.S. sanctions. He made some progress when Trump announced that the US would be importing diesel fuel from Russia. But most sanctions remain in effect, and Congress passed legislation to strengthen them. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

Countries that do what Trump wants get lucrative business deals; those that don’t get higher tariffs.
Trump is pursuing his own version of “dollar diplomacy,” a term coined during the Wm Howard Taft administration. The problem is there’s little evidence that “dollar diplomacy” works. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

When the Houthis attacked Saudi Arabia, Trump refused to come to their aid because he is reluctant to be trapped in another endless war. Even with Trump, who is turning the presidency into a multibillion-dollar profit center, there are sharp limits to what money can buy. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

The Saudis and Emiratis have invested so much in business projects associated with the Trump clan in large part because they are hoping to buy influence. But while they got access to AI chips (UAE) and civilian nuke tech (Saudis), they also got dragged into a costly war with Iran. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

While Witkoff and Kushner say they would not benefit from the Lukoil sale, the deal reeks of conflicts of interest at best and outright corruption at worst. It is emblematic of the de facto Trump Doctrine — mixing private and public interests to an unprecedented degree. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

You would think Trump et al. would have figured out by now that dictators are not primarily interested in economic development. While Trump & Co. have devoted their lives to making money, the leaders of N Korea, Hamas, Iran & Russia have devoted their lives to accumulating power. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

In his first term, Trump hoped to lure Kim Jong Un into giving up his nukes in return for Western investment. The pitch didn’t work. Undeterred by the failure of his North Korea diplomacy, Trump offered a similar deal to Hamas in 2025: disarm in return for beachfront condos. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

As Jared Kushner and Steve Witkoff negotiate an end to Russia’s invasion of Ukraine, they are also working with the Kremlin to sell $20 billion in international assets owned by the Russian oil company Lukoil to a group of investors that includes their own business partners. wapo.st/47gE6Rf

Opinion | ‘Dollar diplomacy’ doesn’t work. Yet Trump keeps using it.

Trump administration pursuit of profit and peace blurs line between public and private interests.

wapo.st

Without a deal, Iran is more likely to lash out than to surrender; it retains plenty of missiles and drones it could use to target oil facilities and ships across the region. Indeed, in recent days, Iran has stepped up attacks on ships in the Strait of Hormuz. bit.ly/4j5qcbI

More Oil, Same War: Why Increased Exports Aren’t a Sign of Iran’s Collapse | Council on Foreign Relations

Oil exports from the Middle East have rebounded, fueling claims that the United States is winning its war with Iran. But the Strait of Hormuz remains treacherous, Tehran isn’t any closer to accepting ...

bit.ly

Without a deal, Iran is more likely to lash out than to surrender; it retains plenty of missiles and drones it could use to target oil facilities and ships across the region. Indeed, in recent days, Iran has stepped up attacks on ships in the Strait of Hormuz. bit.ly/4j5qcbI

More Oil, Same War: Why Increased Exports Aren’t a Sign of Iran’s Collapse | Council on Foreign Relations

Oil exports from the Middle East have rebounded, fueling claims that the United States is winning its war with Iran. But the Strait of Hormuz remains treacherous, Tehran isn’t any closer to accepting ...

bit.ly

Most of the increase in exports is coming not from the Strait of Hormuz but from alternative, bypass routes that are longer and more expensive: The cost of moving a tanker of oil from the Middle East to China has skyrocketed from $7 a barrel before the war to $35 a barrel today. bit.ly/4j5qcbI

More Oil, Same War: Why Increased Exports Aren’t a Sign of Iran’s Collapse | Council on Foreign Relations

Oil exports from the Middle East have rebounded, fueling claims that the United States is winning its war with Iran. But the Strait of Hormuz remains treacherous, Tehran isn’t any closer to accepting ...

bit.ly

Trump claims he's winning the war. But if oil is flowing so freely, why was the Brent crude oil price on Friday still over $100 a barrel—i.e., roughly 40 percent higher than the day before the war began? The price of diesel fuel in the US has risen even faster: by almost 75 percent. bit.ly/4j5qcbI

More Oil, Same War: Why Increased Exports Aren’t a Sign of Iran’s Collapse | Council on Foreign Relations

Oil exports from the Middle East have rebounded, fueling claims that the United States is winning its war with Iran. But the Strait of Hormuz remains treacherous, Tehran isn’t any closer to accepting ...

bit.ly