We have left behind the hyperglobalisation of the 1990s, and since 2006 moved into the age of economic warfare, according to Edward Fishman in his book Chokepoints: American Power in the Age of Economic Warfare. Economic warfare refers to the use of economic instruments such as sanctions, export controls or tariffs against foreign governments, companies or people, rather than employing military power. Eroding support for deploying military power following wars in Afghanistan and Iraq has also made economic warfare appealing. These countries’ possession of nuclear weapons also acts as a deterrent to kinetic warfare and enhances the attractiveness of economic warfare. The Cold War era was characterised by geopolitical competition and economic security but no economic interdependence.