The article discusses the shifting dynamics of the global economy, particularly the potential loss of America's central role. The author compares current economic trends to those during the first Trump administration but notes that the situation is more severe now. The U.S. government's credibility and attractiveness for investors have significantly declined, with nations reconsidering their reliance on American trade. The potential for countries to enhance their trade with new supply chains illustrates a pivotal shift away from U.S. dominance.
America sports a half-earned cockiness that has mostly served the country well. But the United States isn't the main driver of global trade growth.
Countries can and will move on without the United States. Their firms will establish new supply chains and pursue other markets.
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