Reuters: "Trump and the demise of the American global order"

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"History does not move in neat increments. Sometimes, though, dates are hard to ignore. So it seems fitting that Donald Trump's election as U.S. president was confirmed on the anniversary of the fall of the Berlin Wall. That day in 1989 marked the symbolic triumph of the liberal, democratic and mostly American-led world order that had ruled a chunk of the globe for the previous half-century. Trump's victory 27 years later marks its demise.

"It is too early to say how the reality-TV star's dark and divisive campaign will translate into policy. At home, he will be constrained by a constitution specifically designed to limit a would-be tyrant's power. For the rest of the world, it remains to be seen whether Trump's actions live up to his more protectionist and belligerent rhetoric.

"Nevertheless, the era of American dominance – a period that started at the end of World War Two and reached its peak following the collapse of the Soviet Union – is coming to an end. This has profound consequences for the international order and the global economy."