In this bonus episode, host Ravi Agrawal presents his recent essay arguing that U.S. President Donald Trump has peaked. While Trump still has two years left in office and immense potential for global disruption, Ravi makes the case that his coercive powers are in clear decline, as seen through a depleted military and an array of global moves to de-risk from the White House. As companies and countries realize this shift, they will change how they act toward the United States and how they think about a future world order. Ravi Agrawal: Trump Has PeakedHal Brands: How to Survive in a World Without RulesCharles A. Kupchan: The World’s Only Real Hope of Maintaining OrderMariana Mazzucato: How to Write Better Rules for Global FinanceMichael Beckley: A New Engine of DevelopmentLearn more about your ad choices. Visit megaphone.fm/adchoices