The article discusses the challenges posed to the postwar global economic order, led by the United States, particularly in light of rising economic nationalism and trade wars initiated by Trump. It proposes the formation of a new alliance, termed the Democratic 7 (D7), comprising the EU, UK, Canada, Australia, New Zealand, Japan, and South Korea. This coalition could leverage existing trade agreements to protect and promote free trade, democracy, and economic stability amidst global trade tensions.
The postwar global economic order has created unprecedented prosperity, yet the rise of economic nationalism necessitates new alliances among democratic nations to preserve free trade.
The D7 represents a potential framework for economic cooperation among leading democracies, helping to counteract aggressive trade actions while promoting democracy and the rule of law.
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