Berliner Boersenzeitung - Trump victory to bring unrestrained 'America First' to world

EUR -
AED 4.073403
AFN 72.095399
ALL 90.759823
AMD 405.022533
ANG 1.985165
AOA 1018.212205
ARS 1713.072879
AUD 1.624435
AWG 1.996495
AZN 1.898524
BAM 1.954767
BBD 2.2584
BDT 139.786147
BGN 1.938631
BHD 0.423017
BIF 3354.345358
BMD 1.109164
BND 1.433478
BOB 13.298473
BRL 6.196565
BSD 1.121304
BTN 105.378826
BWP 15.38319
BYN 3.357329
BYR 21739.61442
BZD 2.255112
CAD 1.580631
CDF 2567.715032
CHF 0.922885
CLF 0.027772
CLP 1092.836776
CNY 7.398512
CNH 7.395506
COP 3649.26048
CRC 507.180057
CUC 1.109164
CUP 26.908783
CVE 110.216707
CZK 24.367945
DJF 199.67161
DKK 7.475344
DOP 68.010507
DZD 151.746852
EGP 59.275052
ERN 16.63746
ETB 182.503456
FJD 2.517469
FKP 0.835235
GBP 0.835849
GEL 2.882288
GGP 0.835235
GHS 13.130543
GIP 0.835235
GMD 82.077594
GNF 9933.692165
GTQ 8.568246
GYD 234.962343
HKD 8.700887
HNL 30.140929
HRK 7.507942
HTG 146.976262
HUF 364.370338
IDR 20243.185808
ILS 3.529083
IMP 0.835235
INR 104.263527
IQD 1699.702005
IRR 2114149.772786
ISK 136.61538
JEP 0.835235
JMD 177.962023
JOD 0.786376
JPY 177.040357
KES 144.180384
KGS 96.995174
KHR 4573.01687
KMF 490.250259
KPW 998.247558
KRW 1478.005179
KWD 0.345205
KYD 0.934306
KZT 500.565539
LAK 25239.282309
LBP 100411.502998
LKR 372.648398
LRD 190.616478
LSL 18.382894
LTL 3.275073
LVL 0.670922
LYD 7.187818
MAD 10.938154
MDL 20.149444
MGA 5073.753977
MKD 61.531076
MMK 2328.938724
MNT 3998.429475
MOP 9.059114
MRU 45.233384
MUR 52.529757
MVR 17.078874
MWK 1944.33929
MXN 20.678179
MYR 4.524948
MZN 70.873386
NAD 18.380989
NGN 1494.221886
NIO 41.262106
NOK 10.592306
NPR 168.606882
NZD 1.99355
OMR 0.42647
PAB 1.121334
PEN 3.821081
PGK 5.035816
PHP 70.64818
PKR 307.875111
PLN 4.403348
PYG 6921.935833
QAR 4.087409
RON 5.345841
RSD 117.603542
RUB 91.976549
RWF 1658.973093
SAR 4.184003
SBD 8.973966
SCR 15.362917
SDG 667.210175
SEK 11.047468
SGD 1.425442
SHP 0.831115
SLE 25.403889
SLL 23258.619397
SOS 640.819214
SRD 41.755618
STD 22957.455427
STN 24.48938
SVC 9.810817
SYP 14421.349991
SZL 18.38786
THB 37.467293
TJS 10.304685
TMT 3.882074
TND 3.341836
TOP 2.6706
TRY 55.743917
TTD 7.603983
TWD 36.562591
TZS 2948.482865
UAH 50.999624
UGX 4575.098464
USD 1.109164
UYU 45.37012
UZS 13425.906759
VES 998.791644
VND 28482.776964
VUV 133.037413
WST 3.092126
XAF 655.957
XAG 0.021754
XAU 0.000281061796
XCD 2.997571
XCG 2.020632
XDR 0.784236
XOF 655.957
XPF 119.331742
YER 262.318412
ZAR 18.476376
ZMK 9983.800502
ZMW 22.84599
ZWL 357.150356
SSP 6418.203573
MXV 2.322786
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Trump victory to bring unrestrained 'America First' to world
Trump victory to bring unrestrained 'America First' to world / Photo: Elijah Nouvelage - AFP/File

Trump victory to bring unrestrained 'America First' to world

With the return to the White House of Donald Trump, the United States and the world are set for a major new shakeup as the nationalist president turns the page on four years of nurturing allies and confronting foes.

Text size:

Trump's victory over Vice President Kamala Harris will likely have the most immediate reverberations in Ukraine, where the Republican has mused about quickly ending the war by forcing concessions by Kyiv to the Russian invaders.

Trump is expected also to offer robust support to Israel, as he did during his first term from 2017 to 2021, and unleash major new pressure on Iran's clerical state.

After Trump's first term, outgoing President Joe Biden put a priority on restoring historic US relationships, which again could see tumult as Trump accuses allies of freeloading off the US military and renews questions about NATO, a bedrock of US foreign policy since the Cold War.

On the campaign trail, Trump has raged against China, with both he and Vice President-elect J.D. Vance casting the Asian power as an enemy.

Trump, however, has also insisted that he has a strong relationship with Chinese President Xi Jinping -- a sort of emphasis on personal diplomacy not entirely different than Biden.

Trump's personal style could see more fireworks in Latin America, where key US partners Brazil and Colombia and now Mexico are led by leftists.

One of Trump's key campaign promises -- the mass deportation of millions of undocumented immigrants -- could threaten havoc in the region if carried out, although Trump managed a stable, transactional relationship with Mexico's leader in his first term.

Trump is not known to have an interest in Africa and is unlikely to push for renewal next year of the African Growth and Opportunity Act, a key trade pact and priority for the continent, although Republican lawmakers support reauthorization.

- Unrestrained 'Trump 2.0' -

Trump has broken sharply with the post-World War II consensus of the two major parties on building military and diplomatic alliances around the world, pursuing an "America First" platform of promoting US primacy above all, especially on trade.

Brian Finucane, a former State Department official now at the International Crisis Group, said Trump could be emboldened compared with his last term.

"A Trump 2.0 would be very different. He would not have any of those figures who did in fact restrain Trump at some point and in some fashion including at the Pentagon," Finucane said.

Trump has already raised fears in Taiwan by publicly questioning whether to defend the self-governing democracy, which Beijing claims and has not ruled out seizing by force.

Biden, by contrast, went further than previous US presidents by explicitly saying he would send US troops to defend Taiwan.

In the Middle East, Trump has reportedly told Prime Minister Benjamin Netanyahu to enjoy free rein in the war in Gaza for the two months until Trump takes office. In his first term, Trump fulfilled a wish-list for Israel including moving the US embassy from Tel Aviv to Jerusalem.

Further pleasing Netanyahu, Trump has vowed maximum pressure on Israel's adversary Iran, with some of his aides in the previous term stopping just short of calling for the overthrow of the clerical state.

Trump is expected to encourage more Arab states to recognize Israel, after spearheading a landmark 2020 accord in which the United Arab Emirates, Morocco and Bahrain normalized with Israel.

The Biden administration has raced to coax Saudi Arabia to normalize with Israel. But Arab states may feel more comfortable making deals with Trump, who has brushed aside concerns about human rights.

While most Western allies will shudder to deal again with Trump, his victory is welcome news for conservatives such as Hungarian Prime Minister Viktor Orban and autocratic leaders fond of Trump's transactional approach, such as Russian President Vladimir Putin and North Korean leader Kim Jong Un.

Trump, with his knack for made-for-television pageantry, would be expected to seek a summit quickly with Putin.

But Leon Aron, a senior fellow at the American Enterprise Institute, cautioned that Trump still had institutional constraints, with Putin unlikely to budge on Ukraine and Trump potentially facing opposition by Congress and his advisers to any deal seen as a US defeat.

"I think that his initial step would be some sort of very dramatic personal diplomacy – 'Vladimir, let's talk. We could resolve this,'" Aron said. "How far would that go? It’s hard to predict."

(A.Lehmann--BBZ)