We are entering a post-American world, accelerated by President Donald Trump’s disinterest in multilateralism. The post-Cold War era of American hyperpower is giving way to increased interstate competition and the formation of regional blocs.
Europe is striking back against Donald Trump’s aluminum and steel tariffs, taxing €2.8 billion worth of American exports to the EU, including Kentucky bourbon and Harley Davidson motorcycles manufactured in Wisconsin, the home states of Republican leaders Mitch McConnell and Paul Ryan, respectively.
The response is relatively mild. Trump’s tariffs target €6.6 billion in European exports to America. But it marks a new low in transatlantic relations, which started to deteriorate almost on the day Trump took office.
Where do we go from here? Below the views of four experts. Read more
Trump Agrees to Meet Kim, Trans Pacific Partnership Continues Without Him
Donald Trump has accepted an invitation from Kim Jong-un to meet one-on-one. It would be the first time a sitting American president met with the North Korean dictator.
North Korea craves international legitimacy, which the United States have deliberately withheld. Trump’s break with decades of policy is risky — but it’s not if existing policy has worked. North Korea remains a rogue state. It has only continued its ballistic missile and nuclear weapons programs.
The challenge now, as Fred Kaplan writes in Slate, is organizing a careful diplomacy that includes coordinating common negotiating positions with Japan and South Korea.
Unfortunately, Trump has yet to appoint an ambassador to Seoul. The State Department’s top North Korea expert has resigned. None of the three top foreign-policy officials in Trump’s government — Secretary of State Rex Tillerson, Secretary of Defense James Mattis, National Security Adviser H.R. McMaster — have much experience in Asia.
Donald Trump hasn’t ushered in a post-American world yet. But he is accelerating the demise of a benign hegemony that has made the world more peaceful and more prosperous with his policy of “America first”. Read more
The European Union and Japan have finalized a trade agreement that would create the world’s largest open economic zone when it comes into effect in 2019.
The deal cuts tariffs, harmonizes product regulations and liberalizes public procurement for a market of 600 million people.
The EU and Japan account for 28 percent of the world’s economic output.
In a joint statement, European Commission president Jean-Claude Juncker and Japanese prime minister Shinzō Abe said the deal demonstrates their commitment “to keeping the world economy working on the basis of free, open and fair markets with clear and transparent rules.” Read more