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The world's leading democracy, the United States, is looking increasingly like the world's biggest and oldest surviving autocracy, China.Under Trump, those condemnations have lost credibility, and not just because they are interspersed with praise for Xi, whom Trump has called "terrific" and "a great gentleman".Almost immediately upon entering the White House, Trump withdrew the U.S. from the Trans-Pacific Partnership, an ambitious 12-country trade and investment agreement brokered by Obama.Trump's assault on the rules-based order extends also – and ominously – to trade.The U.S., however, faced no consequences from China.Trump's "America First" strategy and Xi's "Chinese dream" are founded on a common premise: that the world's two biggest powers have complete latitude to act in their own interest.
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