The U.S. Sanctions Toolkit Can No Longer Hold Off Global Challengers

n Christmas Eve in 2002, I was suddenly dispatched from my base in Tokyo, where I was the New York Times bureau chief at the time, to Seoul, the capital of South Korea, to cover reports that North Korea was about to reactivate a nuclear reactor that had previously been taken out of service as a result of painstaking negotiations between Washington and Pyongyang.