30-05-2025
Trump is wrecking American competitiveness
When historians write about the challenges to America's global hegemony, they will point to the rise of China, the first full-fledged peer competitor to the United States in decades. They will also note the return of Russia and its efforts to disrupt the American-led security order in Europe. These are familiar patterns in the rise and fall of world powers. What is new and surprising is that these challenges, far from uniting America, have turned it on itself, with its government tearing down many of the crucial elements of its extraordinary success.