“A quarter-century ago, basking in the glow of its Cold War victory, America was faced with the question of reshaping its global role in a world no longer divided by an Iron Curtain. Neither the George H.W. Bush nor Bill Clinton administrations came up with a comprehensive new strategy, yet the debates of the time were awash in the optimism unleashed by the fall of the Berlin Wall and the emergence of the United States as the world’s ‘hyperpower.’”

Free trade under fire
Michael Auslin