According to a report by The Washington Post, China and Iran have effectively weaponized the global economy to challenge the United States' longstanding dominance in economic warfare. The report cites China's restriction on rare earth mineral exports to the US and Iran's recent closure of the Strait of Hormuz as key actions that have disrupted global supply chains and driven up prices for essential goods. US Senator Ron Wyden criticized the Treasury Department for its lack of pre-war analysis regarding energy market impacts, highlighting vulnerabilities in the US economy. As geopolitical tensions rise, the US, China, and Europe are investing in domestic production to bolster their economic defenses. Edward Fishman, author of 'Chokepoints,' noted that the global economy is evolving due to these pressures, with the US facing significant challenges in maintaining its foreign policy leverage. The Trump administration was caught off guard by China's retaliatory measures against tariffs, demonstrating the shifting dynamics of global economic power. Iran's control over the Strait of Hormuz continues to affect prices for gasoline and other goods in the US, emphasizing the need for diversification in supply chains.