> All that was needed was a tacit understanding that there were rules, that the US set those rules, and that those who followed the rules would benefit from the trade that came with being a part of the global hegemony.

This as been so overwhelmingly obvious in 3rd world countries (viz. India's "non-alignment" foreign policy) but, still, Europe, Canada, Japan and Australia didn't fully get it: the concept of "rules based world order" is just a layer of makeup over "American Imperialism". Americans make rules the same way Tony Soprano made rules: strictly for self-advantage. We should be thankful to Trump to wipe out that makeup, finally.

True, Mark Carney explained that in Davos. But I am not sure Canadians got it.