Five months after the conflict between the United States, Israel, and Iran began, Council on Foreign Relations' Edward Fishman joins Leslie Vinjamuri to explain how strategic "chokepoints" — from the Strait of Hormuz to the US dollar — have become powerful tools of geopolitical competition. They discuss what makes a true chokepoint, why tariffs aren't always effective, and how the United States can compete in a more fragmented global economy.

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