A ‘new world order’ is here, and it’s here to stay

Published February 4, 2026 2:00pm ET



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In American foreign policy, what is old is new again. As one famous historian observed, the Trump administration’s embrace of tariffs, military interventions in Latin America, “spheres of influence,” and a “great power rivalry” complete with arms races, call to mind the late 19th century, not the 21st.

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