Donald Trump has at least a good chance of winning a second term. The strategists of Commerzbank They report that forward-looking politics should prepare for this.
It cannot be said that there would be a 180-degree turn in American politics under Trump
Under a Trump presidency, Americans are unlikely to continue supporting Ukraine to the current extent. Europeans will therefore have to bear a greater burden. This also applies to defense spending as a whole. The US position here is likely to be that it is primarily the responsibility of European NATO members to invest sufficiently in protection against Russia. Pressure to increase defense budgets will continue to increase. Until now, many countries have had difficulty even reaching NATO's 2% target.
Donald Trump's preference for a strong foreign trade policy based on tariffs, among other things, could lead to a resurgence of trade disputes between the United States and the EU.
However, it cannot be said that with Trump there will be a 180-degree turn in American politics. Rather, it would probably only accelerate trends that are already underway; some shift away from Europe and greater US focus on the Asian region can be expected with any future administration. The same applies to the push for greater protectionism. This enjoys broad bipartisan support. However, President Trump would probably ensure that Europeans can no longer turn a blind eye to these developments.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
