The economic liberalism that the world took for granted has given way to the White House’s attempt to gain sectarian control over institutions, as well as government intervention into private companies,
[T]rump has sent a message to every autocrat on the planet: aggression pays, and Western patience has its limits. History will harshly judge this capitulation dressed as diplomacy.
The erratic tariff policy pursued by the U.S. president and his administration has so far mainly served to strengthen ties between countries in the Global South and Beijing, and, where relevant, Moscow.