Financial Times' Gideon Rachman on 'Easternization' and the Declining Power of the West

The surging economic power of China and other Asian nations, coupled with the West’s diminishing influence, is redefining the world order, according to Financial Times commentator Gideon Rachman. He sees events like Brexit and the election of Donald Trump as signs that the West is adapting to — as opposed to shaping — the global economy. Rachman joins us to talk about America’s loosening grip on world affairs and his book “Easternization: Asia’s Rise and America’s Decline From Obama to Trump and Beyond.” We’ll also talk to Rachman about current U.S. economic and foreign policy as President Trump embarks on his first overseas trip.