The rest of the world is disorganised. If India, China, Iran, Russia and the E.U. implemented sanctions on America, not only would our economy crumble but our ability to fight even a single war of attrition would fail.
I’m just pointing out that the structural source of American power is our unity across a continent. Nobody else has that hegemony. Our markets are rich because they’re big, and they’re big because they’re unified.
That bigness also reduces the incentives for others to unify, given they can gain our economies of scale through trade and without the pesky reconciliation (or annihilation) unification would require.
I’m not arguing that Eurasian unification is probable. Just that it’s more likely now than it was before, and that’s a real diminishment of American power irrespective of what the accountants say. (I’d also argue that the aforementioned economies enacting a break with America wouldn’t require long-term unification, just a short-term alliance of the power-balancing types that put America and the USSR on the same side of a war.)
[1] https://geopoliticalfutures.com/the-world-ocean-versus-the-c...
Nations realign slowly but there is no question they've all begun pivoting away from the US to various degrees, and they're unlikely to go back any time soon.
The rest of the world is dealing among themselves, including Argentina who sells to China.
Edit: Guess I should add, now that China will not buy our soybeans, we are propping up a different country’s agricultural market, and are quite likely to soon cut a check to farmers who are struggling because of administration decisions.
China is winning. India is pivoting. Russia is still losing.
https://en.wikipedia.org/wiki/Demographics_of_Russia#/media/...
The longer the Russian-Ukranian war drags on, the more likely Russia becomes a third-world resource extraction state on the other side of it.
But really, Russia could not wish better president for them then Trump.