As Trump takes center stage, his adversaries are loving him while his allies are fearing him.
- The possibility of imposing global trade tariffs and increasing taxes on countries that are closely allied with the U.S. has caused international anxiety and negatively impacted financial markets.
- Not all individuals are afraid of Trump's transactional approach to trade and geopolitics and his "America First" policy.
- A global poll shows many countries welcome "Trump 2.0."
On Monday, Donald Trump will return to the White House, and many people around the world are eagerly anticipating his arrival.
While the possibility of unpredictable foreign and trade policies, including the imposition of 10-20% universal trade tariffs, has caused international concern and financial market unease, Trump's transactional approach and "America First" policy are not uniformly feared.
Many countries are welcoming a new era referred to as "Trump 2.0."
The European Council on Foreign Relations think tank stated that while America's long-term allies are unhappy about Trump's return, people in China and Russia are more optimistic about it, according to a global poll they published.
A poll of over 28,000 people in 24 countries revealed that many believe Trump will not only benefit America but also bring peace or reduce tensions in Ukraine, the Middle East, and U.S.-China relations.
According to the ECFR, more respondents in countries such as India, China, Turkey, and Brazil believe that Trump will be beneficial for America, their country, and global peace than those who think he will have a negative impact.
Respondents in India, Saudi Arabia, and Russia were the most optimistic about Trump's return to office, according to a survey.
A majority of Russian respondents viewed Trump's election as beneficial for both Americans and Russia.
Despite Trump's threat to impose tariffs of 60% to 100% on goods imported from China, 46% of Chinese respondents felt Trump's return was good for China.
The positive sentiment toward Trump among the BRICS nations was significantly higher than in the EU, U.K., and South Korea, with only 11% of citizens polled viewing a Trump presidency as a positive development for their future.
Despite the majority of British respondents not believing that Trump would be good for the U.K., only 15% thought otherwise. It seems that the "special relationship" may not be as strong as once thought.
The ECFR published a survey in November, which found that while anxiety is widespread in Europe about Donald Trump's return to the White House, people in many other countries feel either relaxed or actively positive about his second term.
The incoming president's pessimism is causing concern among U.S. allies in Europe and South Korea, who fear a further weakening of the geopolitical 'West'.
Trump empowered
President Trump's geopolitical actions will differ from previous administrations, and the world must prepare accordingly.
Ian Bremmer, founder and president of Eurasia Group, stated that the 2024 electoral victory of the Republican Party, the unwavering support of a unified Republican Party, and the return of the president to the White House with more experience are not the only factors that will embolden him. He also has loyalists around him who share his ideology.
According to Bremmer, Trump 2.0 will result in the president having more power and influence than previously, while the West and the Group of Seven, consisting of the U.K., Canada, and Germany, will experience a decline in status.
According to Bremmer, Trump's power is greater this time around, making it more likely that both allies and adversaries will listen to him and take him seriously.
Bremmer stated that Trump has more countries and populations backing his "my country first" approach to governance.
In his first term, he had a strong relationship with Israel and the Gulf states, but now he has added Italy, Hungary, Argentina, El Salvador, and large parts of populations in a number of other countries to that list. This is very different from Trump's experience at the G20, where he was snickered at behind his back.
Bremmer stated that the current world, characterized by a lack of dominant power or group, presents a significantly different environment compared to the past.
Trump's hostility towards China, his ambivalence towards NATO, and his anger over the trade deficit with Europe make allies on the continent a potential target for his assertive and potentially hostile trade and defense policies.
The majority of NATO members are European countries, and the EU is the U.S.' largest trading partner as a group.
"Bill Blain, a market strategist in Europe, expressed concern about the potential impact of change on the rest of the world in emailed comments last week."
The geopolitical lines are being redrawn, so the grounds of global economics will be redefined, Blain stated.
Politics
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