Barbara Boyd argues that President Trump’s cabinet remarks and Saudi Investment Forum comments mark a “verdict” on NATO and the broader transatlantic system that has dominated the global economy for 40 years. She contends the Iran War is fundamentally a financial story: after Europe offered only a post-hostilities role policing the Strait of Hormuz, the U.S. moved to replace Lloyd’s of London by using the U.S. Development Finance Corporation, maritime reinsurance, and Central Command to secure Gulf shipping. Boyd says this shift amounts to U.S. control over a critical energy chokepoint—captured in Trump’s “Strait of Trump” line—reshaping how oil flows to Asia. She previews Trump’s May 14–15 Beijing trip, framing U.S.-China relations around shared industrial traditions linked to Sun Yat-sen and rejecting a “cold war” narrative.
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