Hafed Al-Ghwell is a non-resident senior fellow with the Foreign Policy Institute at the John Hopkins University School of Advance International Studies. He is also senior adviser at the international economic consultancy Maxwell Stamp and at the geopolitical risk advisory firm Oxford Analytica, a member of the Strategic Advisory Solutions International Group in Washington DC and a former adviser to the board of the World Bank Group.
For a few hours on Friday, Algerians forgot their domestic turmoil and instability, and turned their attention instead to Cairo — where their international football heroes proudly held aloft the Africa Cup of Nations after a thrilling 1-0 victory in the final against Senegal.
An untethered White House has plunged America into an identity crisis of sorts. It is increasingly evident that Washington cannot quite decide whether to continue to lead or to abdicate its role as an arbiter of international peace, human rights, freedom and democracy.
Trade wars are neither “good” nor are they “easy to win.” The tit-for-tat trade spat between the world’s top two economies (with a combined GDP of nearly $32 trillion) escalated even further this week after Washington alleged that China backtracked on previous commitments.