The international system that has underpinned decades of relative stability is facing mounting stress. A new global security assessment warns that aggressive political disruption, driven largely by US leadership, is accelerating the erosion of long-standing rules, alliances, and shared norms.
According to the Munich Security Report 2026, the world is now experiencing what it labels “wrecking-ball politics,” a governing style in which forceful disruption takes precedence over stability and collective agreement, and the report contends that this shift is putting unprecedented pressure on the postwar international order, exposing it to its most significant challenges since its inception and generating repercussions that reach far beyond conventional geopolitical competition.
Released ahead of the annual Munich Security Conference, the report presents a stark diagnosis of the current global climate. It identifies US President Donald Trump as the most influential figure challenging the foundations of the existing international system, portraying his leadership style as a decisive break from decades of US-backed multilateralism. Rather than reinforcing institutions designed to manage conflict and cooperation, the report suggests that current US policy is actively weakening them.
A regulatory framework confronting unparalleled upheaval
The international system formed after 1945 was designed to avert renewed large‑scale warfare, encourage economic interdependence, and establish frameworks for shared security, and over the decades it broadened through institutions like the United Nations, NATO, the World Trade Organization, along with an extensive network of agreements and alliances that contributed to steadier relations among major powers.
The Munich Security Report argues that this framework is now under direct threat. It states that more than eight decades after construction began, the system is no longer merely under pressure but is actively being dismantled. The language used is unusually blunt for a document traditionally rooted in diplomatic analysis, reflecting the authors’ assessment that incremental erosion has given way to deliberate disruption.
Central to this argument is the characterization of Trump as one of the leading “demolition men” of the global order. The report does not frame this disruption as accidental or reactive, but as a defining feature of a political approach that views existing rules as obstacles rather than safeguards. In this context, international agreements are treated as transactional tools, valued only insofar as they deliver immediate advantage.
This transition, the report cautions, could swap principled collaboration for improvised arrangements that prioritize immediate benefits at the expense of lasting stability, creating conditions that erode predictability, strain trust among partners, and complicate unified efforts to address global challenges.
The tone set by Washington and its ripple effects
The report situates the current moment within the broader context of the second Trump administration, highlighting a series of actions and statements that have unsettled traditional partners. One of the earliest signals came at the previous Munich Security Conference, when US Vice President JD Vance delivered a speech that sharply criticized European leaders.
Vance’s address, delivered just weeks into the administration, challenged Europe on issues such as migration and free expression, arguing that the continent’s greatest threats originated internally rather than from external adversaries. The remarks surprised many in the audience and were widely interpreted as a departure from the cooperative rhetoric typically associated with transatlantic relations.
According to the report, that address became an early sign of the tumultuous year ahead. Later policy decisions featured the enforcement of harsh tariffs on key European partners, reflecting a readiness to turn economic relationships into leverage. Even more notable were remarks hinting at potential US military action to take control of Greenland, a territory of NATO ally Denmark, an idea that sent ripples of alarm through diplomatic circles.
The report also points to what it describes as a deferential stance toward Russia in the context of its invasion of Ukraine. This posture, it argues, has further strained alliances and raised doubts about the reliability of US commitments to collective defense and international law.
Taken together, these actions contribute to what the report characterizes as a broader pattern: the use of power to reshape the international environment without regard for established norms or the concerns of long-standing partners.
A world drifting toward transactional politics
One of the central warnings of the Munich Security Report is that the current trajectory could lead to a global system dominated by transactional relationships. In such a system, cooperation is no longer guided by shared values or mutual obligations, but by immediate calculations of advantage.
The report suggests that this approach favors actors with the greatest economic and military leverage, while marginalizing smaller states and populations that rely on predictable rules for protection and opportunity. Critics cited in the report fear that this shift will produce a world that primarily serves the interests of the wealthy and powerful, rather than addressing the broader needs of societies facing economic and social strain.
Rather than posing an abstract hypothesis, this concern is tied directly to clear shifts in public sentiment and political conduct across various regions, where declining trust in institutions and enduring inequalities have left many people doubtful that governments are capable of providing meaningful answers.
The report argues that disruptive leadership styles may initially resonate with voters who feel excluded or ignored. Over time, however, the erosion of cooperative frameworks risks deepening the very problems that fuel discontent, including economic insecurity, inequality, and declining social mobility.
Public sentiment reveals mounting pessimism
To support its analysis, the Munich Security Report draws on public opinion surveys conducted across a wide range of countries. The findings point to a pervasive sense of anxiety about the future, with many respondents expressing doubts about their governments’ ability to improve living standards or address structural challenges.
Issues like the growing cost of housing, widening inequality, and stagnant wages stand at the center of these worries, and many respondents feel that existing policies may ultimately leave future generations in a more difficult position, a view that reflects a deeper erosion of faith in sustained long-term advancement.
The data indicate that pessimism runs especially high across several European nations, with most respondents in France believing that government actions will disadvantage rather than support future generations, a sentiment echoed by over half of those surveyed in the United Kingdom and Germany, while in the United States the proportion was lower though nearly half of participants still expressed this concern.
The report reads these findings as pointing to a rising feeling of personal and shared powerlessness, noting that many now link political shifts not with progress but with uncertainty and deterioration.
Assigning responsibility in a volatile environment
Notably, the surveys also examined how people assign responsibility for this grim outlook, and when respondents across several countries were asked whether the US president’s policies serve the world’s interests, many indicated they did not agree.
In the United States itself, as well as in Canada, major European economies, Japan, Brazil, and South Africa, at least half of those surveyed said they either slightly or strongly disagreed with the notion that current US leadership is having a positive global impact. This widespread skepticism suggests that concerns about US policy extend beyond traditional critics and are shared across diverse political and cultural contexts.
The report stops short of attributing all global challenges to a single leader. However, it emphasizes that the scale of US influence magnifies the effects of its policy choices. When the world’s most powerful country signals indifference or hostility toward established norms, the consequences reverberate throughout the international system.
This dynamic, the report argues, creates incentives for other actors to adopt similarly transactional or unilateral approaches, accelerating the breakdown of cooperative structures.
The Munich Security Conference as a focal point
The release of the report coincides with preparations for the Munich Security Conference, an annual gathering that brings together heads of state, ministers, military leaders, and security experts from around the world. Scheduled to run over three days in Munich, the event is expected to host more than 50 heads of state and government, underscoring its role as a key forum for strategic dialogue.
While the conference traditionally serves as a platform for reaffirming shared commitments, this year’s discussions are likely to be shaped by uncertainty and tension. The themes raised in the report, including the durability of alliances and the future of multilateral institutions, are expected to dominate the agenda.
US President Trump will not attend the conference. Instead, the United States will be represented by Secretary of State Marco Rubio and a large congressional delegation. According to conference organizers, more than 50 members of Congress are expected to participate, signaling continued engagement even in the absence of the president himself.
The report notes that representation at this level maintains channels of communication, but it also highlights the symbolic significance of presidential absence at a moment when leadership and reassurance are in high demand.
An international order standing at a pivotal juncture
The Munich Security Report refrains from treating its conclusions as fixed or unchangeable, presenting the present phase instead as a pivotal juncture where decisions by major stakeholders are poised to influence global security’s direction for many years.
The authors argue that while the post-1945 order has always evolved, its survival has depended on a shared understanding that rules and institutions serve collective interests. Undermining those structures, even in the name of national advantage, risks creating a more volatile and unequal world.
At the same time, the report notes that the current system has not provided prosperity or security in an even way, and it argues that responding to valid concerns calls for reform instead of dismantlement. It proposes that reinforcing institutions so they align more closely with present-day conditions may work better than discarding them entirely.
As debates unfold in Munich and beyond, the challenge for global leaders will be to balance domestic pressures with international responsibilities. The report’s warning is clear: a world governed solely by power and transactions may offer short-term gains for some, but it carries long-term risks for all.
By bringing these dynamics to the forefront, the Munich Security Report 2026 delivers not only an assessment of today’s leadership, but also a wider consideration of how delicate the international order has become. Whether that order evolves, breaks apart, or is replaced by something entirely different will hinge on choices being taken now, at a time shaped by volatility, ambiguity, and conflicting ideas about the future.
