Former UK Ambassador Sir Peter Westmacott, economist Prof. Keyu Jin and geopolitical analyst Marco Vicenzino discuss how a second Trump administration could affect international security and economic relations. Moderated by Anthony Ginsberg, the panel reviews possible changes to NATO, the course of the war in Ukraine, U.S.–China competition, and the future of multilateral institutions, weighing how an “America First” approach might alter existing defence and trade arrangements.

Key Takeaways:
- Great-Power Realism: Trump’s “deal-maker” diplomacy returns the world to raw power politics, forcing smaller states to hedge and re-arm. 
- China’s Dual Strategy: Beijing benefits from open trade yet works to rewrite the system in its favour—while private Chinese firms, not subsidies, drive competitiveness. 
- Allies Under Pressure: Europe must boost defence spending and strategic autonomy as U.S. security guarantees look less certain. 
- Opportunity Amid Turbulence: Unconventional back-channel negotiators could still unlock breakthroughs on Iran, oil prices and regional stability—if they move fast.