The World is learning how to live without the USA, Terry Moran [View all]

If you were running a country—or a global corporation—would you bet the future of your people or your firm on the stability, reliability, and sanity of the United States of America in the coming years?

Increasingly, America’s closest allies and many other nations are answering that question the same way: No.

From Canada to Europe to Asia, governments are quietly “de-risking” from the United States. They are redesigning trade routes and relationships; rewriting defense and military procurement strategies; shifting supply chains; exploring ways diversify their financial systems away from the US dollar. All this, and more, is not about anti-American sentiment. It is about managing exposure to volatility.

Under President Donald Trump, the United States has become a strategic wild card. People around the world in all kinds of fields—politics, finance, trade, manufacturing, humanitarian work, even fine arts—are pricing that risk in real time and looking for ways to escape it.

https://terrymoran.substack.com/p/the-world-is-learning-how-to-live