Donald Trump has officially been elected as the 47th president of the United States of America. With a war between Ukraine and Russia, Israel battling Hamas, Hezbollah, and Iran, and voters upset over the economy, it is crucial to know how this will affect the United States’ relations around the world.
The inflation rate soared to 8% in the U.S. in 2021 due to the COVID-19 pandemic disrupting the economy around the world. The rates have decreased by 3-4% in the past four years but are not back to per-pandemic levels. However, the change in Presidency could change this. Inflation occurs primarily due to domestic factors, but 1-2% of inflation can be affected by foreign policies and trade or other events worldwide. This has been the case over the past few years. Of course, domestic factors transcend other causes, but we should not exclude a problem that can be solved. Under Trump’s first presidential term, inflation rose slightly over the first few years but stayed consistent before the pandemic hit. Trump campaigned on returning to some of the same economic policies his administration put in place during his first term, hoping to correct the economy he sees as broken from 4 years under Biden.
Even without inflation in mind, the wars in Ukraine and the Middle East, there is a lot of talk of a possible World War III. Wars affect everyone, whether your country is fighting in them or not. Every country. Every nation. Every person. The Ukraine-Russia war is currently affecting businesses here in America due to the supply chain weakening. Both countries are important sources of energy and food supplies for Europe and Asia, which have a ripple effect on our economy. If the wars continue for much longer, we and many other nations may deal with even more significant issues than rising prices.
Trump has alluded to his solution to fixing the war, confidently saying he could end it in a single day. President of Ukraine, Volodymyr Zelensky, met with him in September and seems to agree and believe in Donald Trump’s plan, saying that he “appreciate[s] President Trump’s commitment to the ‘peace through strength’ approach in global affairs. This is exactly the principle that can practically bring just peace in Ukraine closer.”
After the election, President Zelensky spoke to President-Elect Trump, saying, “It was a good, productive conversation. Of course, we cannot yet know what his specific actions will be. But we hope that America will become stronger. This is the kind of America Europe needs. And a strong Europe is what America needs. This is the bond between allies that should be valued and must not be lost,”
50 European leaders gathered in Budapest, Hungary, for the European Political Community Summit. Many of them spoke about working with the U.S. President again. NATO Secretary General Mark Rutte said he looked forward to working with the President-Elect. He credits Trump for making NATO less reliant: “He was the one in NATO who stimulated us to move over the 2%. And now, also thanks to him, NATO, if you take out the numbers of the U.S., is above the 2%,
Even with the war and inflation aside, foreign relations are essential to prevent future difficulties and wars. After his election on November 6th, an array of world leaders were congratulating and celebrating his win:
During the campaign, Trump called for everything from trade wars to threats of withdrawing from NATO. But Dutch Prime Minister Dick Schoof believes many of these actions will not be in the President’s official policies. “Transatlantic cooperation is of the utmost importance both for the U.S. and European interests.”
Other calls came in Wednesday congratulating Trump on his re-election. According to the prime minister’s office, British Prime Minister Keir Starmer offered his “hearty congratulations” after Trump’s” historic victory.”
Israeli Prime Minister Benjamin Netanyahu said his win was “a new beginning for America and a powerful recommitment to the great alliance between Israel and America.” He and Trump had a good relationship during his first term in the White House. Now, the region waits to see how President Trump will intervene in the conflict between Israel and Hamas in Gaza and Hezbollah in Lebanon with their ties to Iran.
Another big foreign policy area that was part of President Trump’s campaign is the growing tensions in Southeast Asia. North Korea has been sending troops to Russia for training to fight in Ukraine. Russia is sending technology to North Korea in exchange for the soldiers. Trump, since his last time in office, has blamed China for stealing American jobs and its intellectual property in high-tech areas. Last time, Trump imposed tariffs and promised new tariffs of up to 20% on goods coming from China. Still, Chinese leader Xi Jinping sent the president-elect a congratulatory message Wednesday. According to the Chinese state media, Xi Jinping, ” History has shown that both sides gain from cooperation and lose from confrontation.”
Leaders worldwide provided these and so much more positive feedback. Of course, not everyone has the same opinion, and of course, some negative thoughts were shared, but the vast majority—all save a few—were pleased or excited to begin working with Donald Trump once again.
During his acceptance speech early Wednesday morning, Trump said he was ready to “put our country first” and that he would bring about “a golden age ” for America. He has worked with many of these leaders in the past, and judging by the congratulatory messages from different leaders around the world, his work to bring an end to the many conflicts and tensions impacting the United States is welcomed.
President-Elect Donald Trump will be sworn into office for his 2nd term on January 20th.
Resources:
Adelyn Y • Nov 11, 2024 at 9:55 am
Some other resources/quotes for you:
“His leadership will again be key to keeping our Alliance strong. I look forward to working with him again to advance peace through strength through #NATO” – General Mark Rutte of NATO
“Your return comes at a most crucial time not only for the American people but also for the world at large,” he wrote. “Under your wise leadership, I am confident that the indispensable U.S. role in promoting stability, security and prosperity will be further strengthened.” -Prime Minister Hun Manet
“I am highly confident that your presidential leadership will not only guide the United States towards a more prosperous future but also further contribute to global peace, stability and prosperity” -President Hun Sen
“I have personally met President Trump as a young man, so I know that his robust leadership will result in a better future for all of us” -President Ferdinand “Bongbong” Marcos Jr.
From 2020-2023 inflation went from 1.23%-4.12% (highest it got was in 2022 at 8%)
Cannon Schultz • Nov 11, 2024 at 12:41 pm
Using inflation data during a global pandemic is pretty cheap. It’s odd that you don’t reference the actual statistics now.
In September, the inflation rate was 2.4%, which is close to what’s considered ‘healthy inflation.’ You can also go back further to Trump’s first term, when he inherited an amazing economy, yet he deficient spent and raised the inflation rate to three times what it had been during Obama’s last month in office. The unemployment rate is also at 4.1% right now, which is considered reasonable. Biden did an amazing job as president, and we were one of the first countries to recover from the pandemic, these stats prove that.
Also, the primary data you use is statements from world leaders congratulating Trump for his win. It’s a little weird to rely on this rather than statements directly from Trump that will address geopolitics.
In fact, what Trump has said and done has shown detrimental to the livelihood of many across the world. Trump has continuously threatened to leave NATO, even leaking this to a Russian diplomat. He also refuses to condemn Russia for its immoral and illegal annexation/attack of Ukraine. And it’s ironic you bring up inflation due to the fact that if Trump’s plans for tariffs were enacted, inflation would rise, and our economy would crash. If you wanna know more, read the article I wrote on this specific topic. I am unable to link it here because of rules, but it’s called the “Terrifying Trump Tariff Threat.”
Sources I used for statistics come from COINNEWS MEDIA GROUP and U.S. Bureau of Labor Statistics.
Adelyn Youngblood • Nov 11, 2024 at 3:13 pm
Thanks for the alternative perspective, my article isn’t about comparing Biden and Trump’s presidency though, the reason I brought up the other government’s opinions on President Trump is because that’s what my article is about: How Trump being in office will effect relations with outside countries. Which a big part of that is their leaders opinions of him.
2.4% may be considered healthy inflation, however at the end of Trump’s first term in office he was able to get it less than 2%. Under Biden it dropped by almost 8% before rising again right before election season.
All of your other arguments really have nothing to do with my article so I don’t feel the need to acknowledge them at the moment.
I hope you have a good day though!
Cannon Schultz • Nov 21, 2024 at 9:41 am
I would like to point out your statement on how your article does not compare Biden and Trump’s presidency, yet you then compare inflation rates under them. And I’ll again say that you’re using the statistics when there was a worldwide pandemic; the entire world faced similar inflation rates. Again, if you look at the statistics now, you can see Biden did an amazing job with economic recovery, and we now have the same inflation rates as we did under Trump. These rates were predicted to continuously decrease, and we will see this until January 20th.
Adelyn Youngblood • Nov 22, 2024 at 2:45 pm
COVID-19 affected Trump’s presidency, too. I never said Biden didn’t do his best to recover the economy, I just stated the statistics under his presidency and how Trump’s election could improve it. Not once did I blame someone or compare how helpful the two presidents have or have not been for us. If the truth offends you I apologize but there’s nothing I can really do about that. I find it funny you’ve said I was “biased” and yet the only biases I can find are in the comment section coming from you. You obviously can’t handle being wrong and will not listen no matter what evidence is provided, therefore this is my last response. Have a lovely day.
Cannon Schultz • Nov 23, 2024 at 3:47 pm
Trump was first alerted of COVID by his advisors on January 3rd, for months he was continually reminded and asked to do something about the impending crisis, yet he ignored these statements. It wasn’t until march he actually signaled that we need to fear and take quick precautions to COVID. He continued to fail with addressing the pandemic, one of the good things he did, announcing Operation Warp Speed to quicken the creation and distribution of a COVID vaccine was paradoxical as he pushed conspiracy theories to his fan base about fake vaccines. Trump mostly ignored COVID for the size that it was, throwing it on Biden to fix, which he did. Looking at statistics directly before Biden was president is inconsequential, because the high stats only come from mandates and protection from COVID. I am not biased in my statement, just knowledgeable. And obviously, nor am I wrong, as using heresy to make political claims is inoperable, you need to use actual decisions and statistics to back up claims.
Jason • Nov 11, 2024 at 3:05 pm
Fantastic article Adelyn. Clearly indicated unbiased reporting (unlike the trump tariff article). Anyone who claims Trump inherited an “amazing economy” clearly has not done any research at all.
Keep up the good work!
Cannon Schultz • Nov 21, 2024 at 9:35 am
Well, Jason, looking at both the statistics of unemployment, inflation, and GDP, we can see Trump inherited a strong economy from former President Obama. We can also see that this will happen again once Trump is inaugurated, we have greatly recovered from Covid due to Biden’s administration. And claiming I have not done any research is obviously not true, as I cited dozens of official statements, statistical analyses, and quotes from economists throughout my articles.