What do the events of this year’s World Economic Forum signal about the future of the global order?

In a symposium published by NOTUS, Ryan Mulholland argues that the world’s economic future is now being shaped without the United States’ involvement, thanks to Trump’s incessant tariff threats.

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The future is increasingly being written by others in opposition to the toxic nationalism displayed by the Trump administration. President Trump’s retreat from traditional forms of international cooperation and his incessant tariff threats have pushed world leaders to forge new partnerships with each other — and without the United States — that will define global engagement for decades.

The EU’s trade deal with Mercosur will soon move forward. The EU also has a new trade agreement with India. Canada just announced a deal with China. Brazil, South Korea, Japan, the U.K. and Australia have all recently sealed arrangements to limit their exposure to the United States. Few, if any, of these would have occurred without the Trump administration’s constant tantrums on the world stage.

The above excerpt was originally published in NOTUS. Click here to view the full article.

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Author

Ryan Mulholland

Senior Fellow, International Economic Policy

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