No, Trump is not ushering in a new global trading order
The US is simply denying itself the benefits of the system that already exists
The US is simply denying itself the benefits of the system that already exists

Donald Trump has reset the global trading order. What happens next?

The US is no longer predictable nor bound by any fundamental principles of action

The bloc has the strength not to offer the US anything

US president’s latest ‘reciprocal’ levies hit many countries that had struck deals with Washington

Convoluted messaging and conflicting policies have been hallmarks of the president’s year

US president threatens retaliatory tariffs on countries that ‘discriminate’ against American tech groups