The struggle for hegemony: US and China compete for supremacy in a turbulent landscape

The year 2025 marked the end of an era. Donald Trump’s return to power signaled the demise of a phase characterized by globalization, the development of a network of international institutions, and U.S. hegemony supported by strong European and Asian alliances. The new year will offer crucial clues about the turbulent course of this new historical stage, one in which power balances and international relations are being reshaped. The struggle for hegemony between the U.S. and China, and the dual assault on Europe (military, from Russia; political, cultural, and commercial, from Washington), are emerging as the most important factors in this complex and far-reaching transformation.

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