With voters embracing leaders who brazenly monetise public office, experts say an ethical code is breaking down

Donald Trump came to office in 2017 after decades of bankruptcies and business failures. Yes, he was rich, but his latest financial disclosure, published this week, suggests he will depart billions richer.

In the first year of his second term, he made more than $2bn from Trump hotels, Trump golf courses, Trump cryptocurrency, Trump watches, Trump cologne, Trump Bibles and more.

America has long stood for freedom and prosperity, but under Trump insults, threats and unpredictability have become the new norm. As the US marks its 250th anniversary, Guardian correspondents around the world report on how it is perceived elsewhere

Amy Hawkins in Beijing