On April 2, US President Donald Trump is expected to announce reciprocal tariffs against almost all countries in the world, making it an epochal day for the global economy. This announcement will dismantle the US-promoted global economic order based on the Bretton Woods Conference, and the global economy will never be the same again. The Bretton Woods model envisaged an economic order in which the US would act as the global lender, helping other nations in return for their acceptance of its suzerainty. As countries like China, Japan, Germany, and India — ravaged by World War II or colonialism in…


