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The Trump administration’s mounting blunders are hastening the transition to a post-American world order.
United States Treasury Secretary Scott Bessent and Federal Reserve Chair Kevin Warsh attend a plenary session on Aug. 31, 2026, as finance ministers and central bank governors from G20 countries meet in North Carolina, the US.
(Reuters/Sam Wolfe)
In what United States Treasury Secretary Scott Bessent has heralded as an "Economic D-Day", the US is threatening to tighten the noose around Iran with sanctions on countries that continue to trade with it. But far from compelling others to join its efforts to isolate the Islamic Republic, the Trump administration’s mounting blunders are hastening the transition to a post-American world order.It’s understandable why US “allies” are reluctant to join President Donald Trump’s costly, misbegotten war of choice. They weren’t consulted beforehand, and they obviously do not want to get involved now that the US has failed to topple the Iranian regime or devise a Plan B. Why, for that matter, would anyone come to help an administration that constantly berates its friends and partners, threatens to seize their territory (Greenland and Canada), and hits them with punitive tariffs?
