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Economist Paul Krugman: Trump has 'ripped up' America’s crucial alliances — perhaps 'irretrievably'

Economist Paul Krugman highlights that Trump's tariffs and attacks on allies have weakened U.S. global influence amid China's economy surpassing America by 30%, experts say.

Summary by Alternet
The term "Pax Americana" (which is Latin for "American Peace," similar to "Paz Americana" in Spanish or "Pace Americana" in Italian) refers to a period of relative stability the West enjoyed for many years after World War 2. According to the concept, the alliances between the United States, Canada and countries in Europe — including members of the North Atlantic Treaty Organization (NATO) — kept the Pax Americana strong. Liberal economist Paul K…

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Alternet broke the news in Washington, United States on Friday, August 29, 2025.
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