alt Hacker NewsIf the USA takes up his suggestions, it will have an incentive to work on international frameworks and treaties with competing nations to make the regulation global.
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There won't be any kind of international framework, because by now countries have learned that the US' word is pretty much worthless, similar to Russia's. They now know from experience, US-ratified treaties will only be honored if they feel like it on a particular day. If it's inconvenient, it will simply be ignored.
You'd have major protests in most large economies if they deliberately put themselves under the boot again. Even in "friendly" countries the US is disliked enough to be effectively considered a hostile country. E.g. in Germany, there is large public support to finally get the US bases closed and the soldiers removed.
Lots of things changed in the last years. And international major treaties being widely ratified just because the US asks for it is no longer a thing, at all.
A country that threatens to annex parts of your territory is not a friend, full stop.
It won't happen internationally, many countries and especially China don't want to hobble their own models.