Summary
Key Takeaways
The world is rapidly shifting into a high-stakes multipolar game where power is spread across multiple players, not just the U.S. With rising tensions, unpredictable alliances, and military build-ups, the global stage is more uncertain than ever. Meanwhile, Europe and emerging powers are smartly diversifying their strategies to stay ahead in this complex new era.
Geopolitical multipolarity is set to persist, with heightened risks of miscalculation, shifting alliances, and military build-ups driving uncertainty and security risks.
The US is using tariffs to pursue foreign policy goals, but it remains constrained. It is also waking up to its dependence on Chinaâs rare earths, while Russia, broadly self-reliant, has ignored Trumpâs demands to end the war. These dynamics highlight the limits of US leverage in a multipolar world.
Europe and emerging powers are recalibrating their positions, reinforcing the trend toward âThe Great Diversificationâ across trade, security, and resources.
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