Malcolm Turnbull, former Prime Minister of Australia, shares his firsthand experiences with Trump’s first term and offers strategies for effective diplomacy. Bilahari Kausikan, a seasoned diplomat from Singapore, provides an Asian perspective on the implications of Trump’s return for regional dynamics. They discuss the complexities of U.S.-China relations, the risks posed by a second Trump administration, and the challenges that global leaders face in navigating Trump’s transactional foreign policy. Insights abound on managing alliances amid shifting power balances.