If Trump has all the cards, why is the US in such a strategic quagmire?

Jun 19, 2025 | INVESTING

Just four months ago, US President Donald Trump was lecturing a surprised Volodymyr Zelensky on how the Ukrainian leader was “not winning” because he did not “have the cards”. As commander-in-chief of a superpower, Trump unabashedly brandished his geopolitical capital – apparently more interested in negotiating agreements with traditional US rivals such as Russia and Iran to bolster his “art of the deal” credentials.
Today, the strategic picture looks dramatically different. Following the…

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