(Middle) power play: de-risking from America

(Middle) power play: de-risking from America

From Reuters Econ World by Reuters

February 25, 2026 · 37 min

About this episode

The episode discusses the shift in global trade dynamics as U.S. allies seek to reduce dependence on America amid rising economic uncertainty.

Global trade is being rewritten as U.S. allies scramble to “de‑risk” from Washington. Reuters Editor-at-large for Finance and Markets, Mike Dolan, joins host Carmel Crimmins to unpack why America has suddenly become the world’s biggest economic uncertainty - and what this shift means for China, Europe, and the future of globalization. Catch Reuters Morning Bid ⁠here⁠ Sign up for the ⁠Reuters Econ World ⁠⁠⁠newsletter⁠⁠⁠ For information on our privacy and data protection practices visit the Thomson Reuters Privacy Statement. Learn more about your ad choices. Visit megaphone.fm/adchoices Further listening Just noise? Investing in turbulent geopolitical times Europe’s energy security ‘Decoupling’ Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Carmel Crimmins

Guest: Mike Dolan

Topics covered

  • global trade
  • de-risking
  • economic uncertainty
  • China
  • Europe
  • globalization

Keywords

  • de-risking
  • global trade
  • economic uncertainty
  • China
  • Europe
  • globalization

Mentioned in this episode

Organizations: Reuters

Places: America, China, Europe

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