A Gangster’s-Eye View of Global Power

At the heart of US President Donald Trump’s foreign policy is the belief that the world can be carved up among major powers, with the United States free to act with impunity in its “backyard.” In reality, this approach is bound to fuel instability, fracture markets, and undermine America’s economic interests.

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(This article was originally published in Project Syndicate on 14 January 2026.)