"The year 2025 marked the end of an era. Donald Trump's return to power signaled the demise of a phase characterized by globalization, the development of a network of international institutions, and U.S. hegemony supported by strong European and Asian alliances. The new year will offer crucial clues about the turbulent course of this new historical stage, one in which power balances and international relations are being reshaped."
"The struggle for hegemony between the U.S. and China, and the dual assault on Europe (military, from Russia; political, cultural, and commercial, from Washington), are emerging as the most important factors in this complex and far-reaching transformation. The two elements are interconnected, since in this competition not only does the intrinsic strength of each matter, but also their ability to garner support on the international stage."
"The results of this shift will influence the emerging new world order. For Washington, a strong and allied Europe is an asset; an independent and distrustful Europe is a defeat; a fragmented Europe is an opportunity in some ways, but a setback in other more important ones. For Beijing, a defeated Russia is a problem. A Russia that is still standing but weak is an asset thanks to the exploitation of the dependence inherent in that weakness."
Donald Trump's 2025 return ended an era of globalization, international institutions, and U.S. hegemony backed by European and Asian alliances. The emerging phase features a U.S.–China struggle for hegemony and a dual assault on Europe: Russia's military pressure and Washington's political, cultural, and commercial challenges. Competition depends on intrinsic strength and ability to secure international support. European developments have global consequences. The White House now treats the EU as an adversary and seeks to cultivate resistance by supporting national‑populist movements in Europe. Washington views a united Europe as an asset, fragmentation as opportunistic yet problematic, while Beijing assesses Russian weakness strategically.
Read at english.elpais.com
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