I don't have any clue as to how much it actually influences their actions. I also don't know what level of economic impact they have.
Because I think it comes down to the US doesn't want to get into a fight over these things, but we'll take steps to ensure our economies and the economies of our allies thrive at the expense of the perpetrator. I have no idea how effective it is, I've seen no data or analysis on the subject.
Basically I have nothing of value to add.