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The Rachman Review

America's waning power

26 min25 juni 2026

What are the repercussions of the Iran war for American power? How will the outcome be viewed by America’s allies and the leadership in Beijing? Gideon discusses these questions with Kevin Rudd, the former prime minister of Australia, Katherine Thompson, who until recently was a senior official in the Pentagon under President Trump, and Philip Gordon, who was national security adviser to vice-president Kamala Harris. This is an edited version of a discussion that took place at the recent FT Weekend Festival in New York. News clip: Fox News


Free links to read more on this topic:

America’s allies look to declare independence from the US

The rise and fall of US hegemony

Nato chief reveals Italy allowed US planes to use bases in Iran war

Trump and Xi will not determine Taiwan’s fate


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Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.

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Read a transcript of this episode on FT.com


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