This is a very insightful comment, thank you. I absolutely agree with most of your points. Though one minor disagreement I’d have: it wasn’t Trump who brought on the waning of US soft power, but US’s failure in Afghanistan/Iraq/Yemen during 2nd Obama term.
Ultimately the expense in forging the US influence overseas during the Bush era came at the cost of ignoring those back home. Trump capitalized on all that resentment. In fact he still is riding on it. Coinicdentally Its a lesson Modi needs to learn from his recent election result at home too.
Most definitely. It was purely economic than militaristic. EU companies are generally seen as superior just for being from the EU in Asia.