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Trump Set Out to Change Global Trade, but Succeeded only in Killing It

Even if there is a clear motivation in Trump’s deglobalisation push, poor tactical execution can ruin even the soundest strategic objectives.

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The radical change imposed by US President Donald Trump on the global trading system has been the subject of in-depth analysis around the world, with one conclusion: the multilateral system is mortally wounded, given that for the past 40 years the world has been US-centric, and today Trump wants to reinforce it through bilateral, rather than multilateral, rules. The underlying problem, moreover, is the absence of an effective dispute resolution …

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South China Morning Post broke the news in Hong Kong on Monday, June 2, 2025.
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