The fate of U.S. liberal hegemony has turned into a significant matter of debate especially in the last decade. Tiresome military engagements in Iraq and Afghanistan and economic problems at home accompanied by the rise of China’s global influence have triggered questions on whether Washington would continue to lead the world and if so, whether this would be the same leadership that the world has gotten used to. With the increasing number of alternative power centres, the world is going through an era of transition in which one can talk about “Easternisation” – in other words, a power shift from the West to the East. As a matter of fact, the world we live in is not anymore a unilateral, but a multilateral world. Under these circumstances, neither the former U.S. President Barack H. Obama, nor his successor Donald J. Trump could remove the suspicions that the U.S. might actually be facing a serious retreat from the global stage in the coming period.