The Trade Leadership Deficit
Even if Donald Trump’s protectionism proves to be a short-run aberration, US global dominance is likely to continue to decline. To ensure that US hegemony gives way to a peaceful and prosperous global balance of power, the European Union must step up.
https://prosyn.org/CVCfXSV
ZURICH – For all the concern over trade flows and balances nowadays, the largest deficit the world must confront is one of leadership. With the United States retreating from its global role, someone needs to step up. But who?