This archive report was first published on 24 June 2020.
As the world watches the unfolding drama of the Trump presidency, it is clear that the past four years have been marked by unprecedented upheaval and change. Since taking office in 2017, President Donald Trump has implemented policies and made pronouncements that have shaken the global status quo, leaving many to wonder about the future of international relations and global governance.
One of the most significant impacts of the Trump presidency has been on global trade. The president's 'America First' approach has led to a significant shift away from multilateral trade agreements and towards a more bilateral approach, with the US negotiating separate trade deals with individual countries. This has led to a decline in global trade and a rise in protectionism, with many countries imposing tariffs and other trade barriers in response to US actions.
Another area where the Trump presidency has had a significant impact is in geopolitics. The president's decision to withdraw the US from the Paris Climate Accord and his subsequent 'America First' approach to international relations have created uncertainty and tension in global relations. The president's treatment of Europe, in particular, has been seen as dismissive and disrespectful, leading to a rift in the Western coalition and a rise in tensions between the US and its traditional allies.
However, it is also worth noting that the Trump presidency has had some positive impacts on the world. The president's focus on climate change, for example, has led to a renewed emphasis on renewable energy and a decline in greenhouse gas emissions. Additionally, the president's 'America First' approach has led to a rise in domestic investment and a decline in the US trade deficit.
As the world looks to the future, it is clear that the Trump presidency has left a lasting impact on global relations and governance. Whether the president serves one or two terms, it is clear that the world will be in urgent need of repairs, and that the next administration will face significant challenges in rebuilding and restoring global order.
