US tariffs and emergence of new world order
Daily FT
|April 10, 2025
A century or so ago the United States championed the creation of the international system as we know it today. In the aftermath of the First World War, President Woodrow Wilson strived to create a League of Nations, which was not supported by the US Senate. The idea for an international organization, that later become the United Nations on 24 October 1945, was initiated at the Quebec Conference in August 1943, when the United States, Great Britain and Russia took the initiative for a declaration on general international organization, based on the principle sovereign equality of all nations. The United States, through its 32nd President Franklin D. Roosevelt became a founding member of the United Nations. Franklin D. Roosevelt took strides to ensure US participation in a postwar international organization" and to "convince the public that an international organization was the best means to prevent future wars" (U.S. Office of the Historian, 1996).
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In President Donald Trump's attempt to 'Make America Great Again' campaign, he is destabilising the international system that the United States took pains to create. In doing so, international organisations, international relations and the balance of power are all altering at breakneck speed. Even though these policy changes are meant to serve the needs of the US, most observers across China and elsewhere, it appears that they are having the exact opposite reaction. In the near-term, countries may attempt to negotiate and find middle ground with the United States. However, the longer-term repercussions, of enabling other countries to fill the spaces the United States is vacating and providing a space for alternative world orders to emerge, outweigh the immediate gains made.
Creating vacuums and the rise of China and the rest
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