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Opinion
Trump’s re-election could mark end of era dominated by US-led globalisation
Washington has long resisted efforts to reform the Western-centric international order. Now Trump appears poised to withdraw from it altogether
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Peter TC Chang is a research associate at the Malaysia-China Friendship Association and a former deputy director in the Institute of China Studies at University Malaya.
Trump 2.0 could signal the end of an era defined by US-led globalisation. To tackle the urgent crises confronting humanity, the international community must stay committed to the principles of open engagement and pursue globalisation 2.0 – charting a path independent of American leadership.
This week, world leaders, including US President Joe Biden, gathered in Rio de Janeiro, Brazil, for the G20 summit. But its significance – and Biden’s presence in particular – has been overshadowed by Trump’s re-election as US president. With Trump’s well-documented disdain for multilateralism, the G20’s relevance faces the prospect of further decline.
The G20 has been criticised for failing to reform the Western-dominated world order to better reflect the evolving realities of the global landscape. One outcome of the G20’s perceived failings has been the emergence of Brics – named after the grouping’s earliest members Brazil, Russia, India, China and South Africa – as an alternative platform.
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