NEW DELHI — The United States-led global order has effectively ended, ushering in a period of increased geopolitical uncertainty, former British Prime Minister Rishi Sunak said on Oct. 13. Speaking at Bloomberg’s New Economy Forum in New Delhi, Sunak described U.S. President Donald Trump not as the cause, but rather a symptom of this shift in international dynamics.

“The world that we’re in now is one where we don’t quite know what we’ve settled down to, and that creates an enormous amount of geopolitical uncertainty and indeed danger,” Sunak remarked, highlighting the evolving global landscape.

According to Sunak, the international system is adapting to a new reality marked by China’s emergence as a peer competitor to the United States across economic, military, and technological sectors. Additionally, countries such as India and the Gulf states are increasingly asserting greater autonomy in shaping their foreign and economic policies.

Sunak also addressed concerns over dependence on China for critical minerals and essential components used in pharmaceuticals. He warned that such reliance poses strategic risks and suggested that efforts to mitigate these vulnerabilities could position India as a key beneficiary. “If you want a trusted partner like India that can provide that resilience for you, that to me seems the right type of avenue to pursue,” he said, emphasizing the growing importance of trusted alliances in supply chain diversification.

In a separate observation, Sunak noted that technology corporations are projected to surpass the U.S. government as net issuers of long-term debt by 2027, signaling a significant shift in global financial markets.

Sunak, who remains an active member of the British Parliament, provided these insights against the backdrop of intensifying geopolitical competition and shifting alliances, underscoring the uncertain course ahead for global governance and economic partnerships.