Trump’s retreat from Nato was priced in. But his humiliation of Qatar and India spells total chaos
https://www.theguardian.com/commentisfree/2025/sep/15/trump-qatar-india-israel-middle-east-saudi-uae-modi-nato
What Trump, and in a way Benjamin Netanyahu, are also counting on is that they can afford to be what is known in finance as a “price-setter” or a “price-maker” – a party that has the ability to determine the cost of goods and services because of an uncompetitive market. Israel can bomb whoever it likes, the US can violate security pacts and dictate economic terms, and no one has the right to retaliate. Do that for too long, however, and rational actors start to look for ways to adjust to these imperfect market conditions.
https://www.theguardian.com/commentisfree/2025/sep/15/trump-qatar-india-israel-middle-east-saudi-uae-modi-nato
What Trump, and in a way Benjamin Netanyahu, are also counting on is that they can afford to be what is known in finance as a “price-setter” or a “price-maker” – a party that has the ability to determine the cost of goods and services because of an uncompetitive market. Israel can bomb whoever it likes, the US can violate security pacts and dictate economic terms, and no one has the right to retaliate. Do that for too long, however, and rational actors start to look for ways to adjust to these imperfect market conditions.
The US Will Rue Trump’s Trade War on India
https://www.project-syndicate.org/commentary/america-will-regret-trump-tariffs-on-india-by-duvvuri-subbarao-1-2025-09
https://www.project-syndicate.org/commentary/america-will-regret-trump-tariffs-on-india-by-duvvuri-subbarao-1-2025-09