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US global leadership has never been plain sailing

Trump is the heir to a national-populist strain that runs deep in American politics

The writer is an FT contributing editor and writes the Chartbook newsletter

The ambushing of Ukrainian President Volodymyr Zelenskyy in the Oval Office last week is driving a frantic search for historical orientation.

It was clearly more shocking than anything that occurred during Donald Trump’s first term. But is it, in its consequences, worse than the push for the global war on terror under George W Bush? Worse than Richard Nixon’s disruption of the Bretton Woods system? Or America’s outrageous bombing of Cambodia and Laos? More egregious than numerous cold war coups or the brutal bargaining that took place, admittedly behind closed doors, during the second world war?

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