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BackTrump has buried liberal world order but what comes next could be better
Trump has buried liberal world order but what comes next could be better
Developing
SCMP Economy6/1/2026World2 min readChina

Trump has buried liberal world order but what comes next could be better

The US and China have an opportunity to move beyond ideological confrontation towards coexistence, strategic stability and managed competition

Quick Look

  • Donald Trump's presidency has challenged the US liberal internationalist order, creating an opportunity for the US and China to pursue coexistence and managed competition.
  • The article suggests a shift towards multipolarity and regional institutions, urging both powers to avoid conflict.

AI-generated summary

Why It Matters

Donald Trump's presidency has significantly altered the US's traditional liberal internationalist foreign policy, moving towards a more transactional and sovereignty-centred approach. This shift has weakened the perception of American power serving a universal project and has also impacted the transatlantic partnership, prompting Europe to pursue strategic autonomy.

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The two terms of US President Donald Trump have shaken the old style of US liberal internationalist leadership. Yet, as some doors close, others open. The summit between President Xi Jinping and Trump in Beijing last month suggests that the United States and China might now have an opportunity to move beyond ideological confrontation and towards a more realistic framework of coexistence, strategic stability and managed competition.

For decades, Washington has held global primacy and pursued a liberal internationalist foreign policy of promoting democracy, open markets and stewardship of global institutions. Trump’s more realist foreign policy has been more transactional, sovereignty-centred and more openly sceptical of the post-war order.

Its focus on tariffs, alliance burden-sharing and resistance to Western progressive social values has changed the narrative that American power serves a universal project larger than itself. Further, even if Trump left office tomorrow, his tenure has made any future attempt to re-embrace old-style liberal internationalism less credible.

Nowhere is this clearer than in the transatlantic partnership. The Trump administration’s criticism of Europe’s reliability, defence posture and direct interference in European politics has weakened the idea that the Atlantic alliance can remain the unquestioned core of global order. Europe’s pursuit of strategic autonomy is now part of a wider reassessment of a world no longer disciplined by US-led blocs.

Multipolarity has also arrived. Middle powers are hedging, alliances are looser, regional institutions matter more and countries across the Global South increasingly resist fixed ideological camps. That creates an opening: with strategic stability newly recognised, the US and China can work to avoid the Thucydides Trap and the Kindleberger Trap.

Avoiding the Thucydides Trap – describing the potential danger when a rising and an established power come into conflict – requires both changing the narrative and de-securitising the relationship. Yet, this trap is by no means an ironclad law that cannot be crossed but, rather, is a subjective construct.

What to Watch

AI outlook — possibilities, not facts

  • The US and China will move towards a framework of coexistence, strategic stability, and managed competition.

    Possible · Medium term

  • Future attempts to re-embrace old-style liberal internationalism by the US will be less credible.

    Likely · Long term

  • Europe will continue to pursue strategic autonomy.

    Likely · Medium term

Open Questions

  • What specific policies will the US and China adopt for managed competition?
  • How will middle powers and Global South countries navigate the new multipolar landscape?
  • What are the potential economic implications of this shift away from liberal internationalism?
  • Will future US administrations maintain Trump's more realist foreign policy approach?

Related Topics

This article was originally published by SCMP Economy.

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