America is important, as an economy representing 25 per cent of global GDP, but its share of global trade is much smaller at 13-15 per cent, a share Trump’s tariffs are designed to reduce. What has been happening, therefore, has not been deglobalisation but rather de-Americanisation.

#EngelsbergIdeas #BillEmmott
https://engelsbergideas.com/essays/americas-world-turned-upside-down/

America's world turned upside down

2025 was defined by AI exuberance and America First, as technological advances gathered momentum while the Trump administration sought to radically reshape the international order.

Engelsberg ideas
#RussiaUkraineWar - Making #Peace is not just about the near future but about what will happen in 5, 10, 25 years. As Lloyd George reportedly said after Versailles, "All a great pity. We shall have to do the same thing all over again in 25 years at three times the cost.”
See my article in #Engelsbergideas: https://engelsbergideas.com/notebook/when-the-fighting-stops-what-then/
When the fighting stops, what then?

The history of the closing stages of the First World War offers no easy lessons to Ukraine if it seeks a path to peace.

Engelsberg ideas