Friday, 15 November 2024

How President Trump's second Term is going to shape the world - at least at outset!

MAGA and Trump

Following a sweeping victory in the presidential election and securing full control of Congress, President Trump is gearing up for his second term.

The Republican Party, also known as the GOP, has clinched the majority in the Senate and reached the pivotal 218 seats in the House of Representatives, giving President Trump significant political clout to implement his policies. Cabinet and Key Appointments:
  • Secretary of State: Marco Rubio, a Senator from Florida, indicating a focus on foreign policy with a hardline stance.
  • Defense Secretary: Pete Hegseth, a 44-year-old military veteran and Fox News host, suggesting a robust military approach.
  • Ambassador to Israel: Mike Huckabee, whose appointment underscores a pro-Israel policy, potentially intensifying tensions with Iran.
These choices signal Trump's strategy for handling international relations, particularly with Iran and China. Huckabee's known support for Israel might further complicate U.S.-Iran relations, especially in light of recent allegations against individuals linked to Iran for plotting against Trump.

There are also reports of an unconfirmed assurance from Iran to the Biden administration (before the election) promising not to target Trump, which adds a layer of complexity to U.S.-Iran relations. Additionally, an undisclosed meeting between Elon Musk and the Iranian UN ambassador has been noted, though specifics remain undisclosed.

U.S.-Iran Dynamics:

During a recent meeting with the outgoing president, both agreed that Iran represents the primary threat to U.S. interests. Trump has expressed a desire for a prosperous Iran but without nuclear weapons and reduced support for proxies like Hamas, Hezbollah, and the Houthis. If these conditions aren't met, the 'maximum pressure' strategy involving tightened sanctions might continue, potentially allowing Israel more freedom to act against perceived threats from Iran.

Iran is facing economic turmoil, with its currency rapidly depreciating and facing energy shortages despite its substantial oil reserves. The country's Foreign Minister has hinted at a willingness to mend ties with the U.S.

Domestic Policy:

Trump's administration has appointed Elon Musk and Vivek Ramaswamy to lead a new efficiency department aimed at reducing government waste. This initiative, inspired by Musk's drastic workforce reductions at X Corp (formerly Twitter), could lead to significant job losses in government sectors, potentially stirring controversy.

Musk, known for his vast contributions to U.S. tax revenue, now has a direct role in overseeing how public funds are managed, which might influence similar initiatives across Western governments, possibly leading to political headaches for leaders as they consider implementing similar cost-cutting measures.

European Concerns:

Across the Atlantic, European leaders are watching these developments with trepidation, contemplating how Trump's policies might affect global issues from climate change to security. The U.S.'s new direction could force allies and adversaries alike to recalibrate their strategies in response to an administration that diverges significantly from previous norms.