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In Boiling Frogs on Thursday, Nick
Catoggio focused on the damage that Trump had done to NATO
and the broader post-World War II legacy of cooperation between the U.S. and
Europe.
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He destroyed 80 years of
eager European cooperation with America. For nothing.
Worse than nothing, actually. He’s incentivized Western powers to form a
sort of “neighborhood watch” aimed at preventing future muggings by the
United States.
I thought a casino would be the most profitable thing Trump would ever
bankrupt, but bankrupting global trust in the world’s dominant power since
1945 in the span of a year is a catastrophe that warrants “Great
Man of History” treatment. When scholars write about America’s decline,
they’ll cite this episode as a hinge point. It’s genuinely one of the
stupidest, self-defeating things a U.S. president has ever done.
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Touching on a similar theme, Benn Steil wrote that Trump’s actions exposed a vulnerability
that had always existed within the international rules-based order. Steil
pointed to the various institutions established after World War II—the United
Nations, World Trade Organization, International Monetary Fund, etc.:
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As extensive as this legal
latticework was, it could neither cover all exigencies nor resolve
contradictions. In practice, it relied on the United States to initiate
action as a kind of Aristotelian uncaused cause, godlike from outside the
system, while generally forgoing the type of nakedly self-interested
behavior that would openly deny the order’s authority. By historical
standards, the project was astoundingly successful—not in that all nations
conformed, since the United States itself at times strayed willfully and
radically, but in that virtually all nations felt compelled to align
themselves with it, to argue for alternative understandings of it, or to
justify their deviations from it.
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Meanwhile, Scott Lincicome in Capitalism explored how Trump’s (revoked) tariff threat
highlights a bigger problem on the home front: We have an “emergency”
emergency. Trump has cited the International Emergency Economic Powers Act to
justify unilateral tariffs throughout the first year of his second term, and
Scott notes “there’s simply no plausible case for the situation in the Arctic
to constitute a ‘national emergency.’” He predicts that the threats over
Greenland will motivate countries to seek trade opportunities with nations
besides the U.S.
Thank you for reading. If you are in the path of the huge winter storm that
is supposed to hit this weekend, stay safe and watch out for exploding trees. -Dispatch Weekly
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