The old international order is over, and a competition is underway to determine what comes next. In a discussion on his Lowy Institute Paper, Inflection Point: Biden, Trump, and the Future World Order, former Biden White House official Thomas Wright explained how there are now two Americas — one internationalist and the other America First — competing with each other to shape the world. Dr Wright argued that nations will need to hedge against this dramatic fluctuation in US strategy for many years to come. The discussion was moderated by Lowy Institute Executive Director Dr Michael Fullilove.

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