First, some background - in her February 17, 2026 newsletter on Tuesday, Heather Cox Richardson references the Munich conference and how the world is moving on without the US:
...Foreign affairs journalist Anne Applebaum noted that the word in Munich was that “Europe needs to emancipate itself from the U.S. as fast as possible.” In Germany, Der Spiegel reports plans to bring Ukrainian veterans to teach German armed forces drone use and counter-drone practices the Ukrainians are perfecting in their war against Russian occupation. Canada’s prime minister Mark Carney is working to reduce Canada’s defense dependence on the U.S., ramping up domestic defense production.
Carney has advanced a foreign policy that centers “middle powers” and operates without the U.S. That global reorientation has profound consequences for the U.S. economy, as well. Canada is leading discussions between the European Union and a 12-nation Indo-Pacific bloc to form one of the globe’s largest economic alliances. A new agreement would enable the countries to share supply chains and to share a low-tariff system. Canada also announced it is renewing its partnership with China. As of this week, Canadians can travel to China without a visa.
Today France’s president Emmanuel Macron and India’s prime minister Narendra Modi upgraded Indian-French relations to a “Special Strategic Partnership” during a three-day visit of Macron to Mumbai. They have promised to increase cooperation between the two countries in defense, trade, and critical materials.
Trump insisted that abandoning the free trade principles under which the U.S. economy had boomed since World War II would enable the U.S. to leverage its extraordinary economic might through tariffs, but it appears, as economist Scott Lincicome of the Cato Institute wrote today for Bloomberg, that the rest of the world is simply moving on without the U.S....














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