Is Donald Trump doing the world a favour by isolating the United States?

President Donald Trump’s imposition of tariffs on various countries has led to a downturn in stock markets, disrupted the U.S. bond market, and caused global economic instability. Trump’s actions have also strained relationships with American allies, dividing the western world. However, some commentators suggest that this chaos could present an opportunity to create a fairer global order. While the U.S. has been seen as a benevolent superpower by some, others argue that many countries, particularly in the Global South, have suffered from American interventions.

There is a growing sentiment that the West is losing its dominant position in the global order, which could lead to a more equitable system without the double standards of the current western-dominated structure. The emergence of a multipolar world, with powers like the U.S., Russia, and China, dividing influence, may bring about a more peaceful and prosperous future.

China has successfully navigated Trump’s tariffs and is expanding its sphere of influence through non-interventionist policies. The Asian region is discussing new trade agreements, with China at the forefront, while the U.S. appears to be retreating from globalization. New institutions like the BRICS countries’ New Development Bank and China’s Asian Infrastructure Investment Bank are shaping the evolving global order.

The European Union and other global powers are adapting to this changing landscape, with Europe reevaluating its stance on trade with China. The decline of American dominance may lead to a more legitimate international order based on shared rules and values. While the transition away from U.S. hegemony may be challenging, it could ultimately lead to a fairer and more balanced world.