We are entering a post-American world, accelerated by President Donald Trump’s disinterest in multilateralism. The post-Cold War era of American hyperpower is giving way to increased interstate competition and the formation of regional blocs.
Australia isn’t waiting for Donald Trump to assume office in January before recalibrating its foreign relations.
The island nation — America’s most reliable ally in the Pacific — has thrown its support behind Chinese trade initiatives now that the Trans Pacific Partnership (TPP) appears dead.
Steven Ciobo, Australia’s trade minister, told the Financial Times he would work to conclude new trade pacts with other countries in the region, including China’s proposed Free Trade Area of the Asia Pacific.
“Any move that reduces barriers to trade and helps us facilitate trade, facilitate exports and drive economic growth and employment is a step in the right direction,” Ciobo said.
One of the first victims of Donald Trump’s election victory in the United States could be the Trans Pacific Partnership (TPP), a comprehensive trade agreement that the outgoing president, Barack Obama, had hoped to enact in the waning days of his administration.
Many Republicans in the Senate, and quite a few Democrats, support free trade in principle and understand the strategic value of the pact.
I am sitting at Madrid airport reflecting on the reality of Donald Trump’s victory in the presidential elections yesterday. We live in a very different world from last night. The American president may be constitutionally constrained by the separation of powers, but Trump will govern with Republicans controlling both the House of Representatives and the Senate.
For Eastern Europe and the Baltic states in particular, a Donald Trump presidency could be disastrous. The Republican has created doubt about whether or not the United States would honor NATO’s collective defense clause, Article 5, under his leadership.
President Barack Obama called for progress in a transatlantic trade negotiations on Sunday, saying that time is “not on our side.”
“If we don’t complete negotiations this year, then upcoming political transitions in the United States and Europe would mean this agreement won’t be finished for quite some time,” the American leader warned during a visit to Hanover.
President Barack Obama has counseled Americans against disengagement from the world, arguing that the importance of such things as foreign aid, trade negotiations and electrifying the African continent must not be underestimated.
Obama, who is due to step down in January, told Charlie Rose in an interview on the eve of his trip to Europe and the Middle East that “the choice is not between us going around and invading everybody and being the world’s policeman or just pulling back.”
We will be doing ourselves a great disservice if we define our leadership too narrowly, as just military, or if we abdicate that leadership and discount the role that we play.
“We built this international order,” the president said. “It has to be nurtured.”