Under Trump, the primary tool for projecting U.S. power is shifting from economic instruments like tariffs to direct military, intelligence, and cyber capabilities. This "Donroe Doctrine" leverages America's asymmetrical advantages in these areas, especially in its hemisphere, to achieve foreign policy wins without relying on economic coercion.

Despite ideological or religious motivations, sustained conflict is impossible without economic support. Even highly motivated groups cannot fight without money to buy weapons and maintain their infrastructure, revealing economics as the fundamental, inescapable driver of global power dynamics and war.

The United States' greatest strategic advantage over competitors like China is its vast ecosystem of over 50 wealthy, advanced, allied nations. China has only one treaty ally: North Korea. Weakening these alliances through punitive actions is a critical foreign policy error that erodes America's primary source of global strength.

Modern global conflict is primarily economic, not kinetic. Nations now engage in strategic warfare through currency debasement, asset seizures, and manipulating capital flows. The objective is to inflict maximum financial damage on adversaries, making economic policy a primary weapon of war.

PGIM's Daleep Singh argues that the risk of mutually assured destruction prevents direct military conflict between nuclear powers. This channels confrontation into the economic sphere, using tools like sanctions and trade policy as primary weapons of statecraft.

In global conflicts, a nation's power dictates its actions and outcomes, not moral righteousness. History shows powerful nations, like the U.S. using nuclear weapons, operate beyond conventional moral constraints, making an understanding of power dynamics more critical than moralizing.

Leaders often assume that applying pressure will force an opponent to the negotiating table. This strategy can fail when the adversary operates under a different logic or, as with Iran's decentralized military, when there is no single authority left to negotiate with, revealing a critical cognitive bias.

Trump's negotiation strategy, particularly with Iran, involves a massive, visible military presence to create extreme pressure. This 'peace through strength' approach aims to force concessions at the negotiating table by making the alternative—imminent, overwhelming force—undeniably clear and credible.

Trump’s signature strategy of building up military force while simultaneously offering diplomatic solutions creates a coercive environment. While it projects short-term strength, it damages long-term relationships, making allies and adversaries alike view the U.S. as an unpredictable and untrustworthy bully.