The global economic system that the United States has shaped and steered for more than three-quarters of a century was animated by a powerful guiding vision: that trade and finance would be based on cooperation and consent rather than coercion.
Trump’s Trade War Risks Forfeiting America’s Economic Primacy. The United States has steered an economic order for 80 years based on trade and trust, making the country the world’s financial superpower. That vision is now blurred.
The global economic system that the United States has shaped and steered for more than three-quarters of a century was animated by a powerful guiding vision: that trade and finance would be based on cooperation and consent rather than coercion.