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US Think Tanks: Cost of Biden's Attacks on Houthis May Exceed That of Red Sea Trade Disruption

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President Joe Biden’s claim that the US strikes against Yemen’s Houthi militants is necessary to protect the continued flow of global trade doesn’t hold water, as per the Quincy Institute of Responsible Statecraft and Cato scholars.
The US has so far conducted 10 rounds of airstrikes against Houthis in response to the Yemeni militant group’s attacks on Israel, US, or UK-linked vessels in the Red Sea over Tel Aviv’s brutal war in Gaza.Joe Biden’s Department of Defense justifies the strikes by the threat allegedly posed by the Yemenis to global trade. Pentagon Press Secretary Air Force Maj. Gen. Pat Ryder insisted on January 22 that the Houthis’ attacks in the Red Sea, including “the unprecedented use of anti-ship ballistic missiles,” have “significantly disrupted the free flow of commerce” in “one of the globe’s most critical waterways.”According to some estimates cited by the Quincy Institute of Responsible Statecraft (QI), the Red Sea crisis led to a 1.3% drop in global trade in December 2023. In the course of the crisis, the Houthis have hijacked one ship and launched at least 34 attacks in the region – making a whopping 90% of container ships divert from the Suez Canal to go around Africa.

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