WASHINGTON, DC – Angry American voters who feel slighted by the Washington establishment have had their say. A stunned world must now come to terms with what the election of Donald Trump as the 45th President of the United States means for global stability in the years ahead.
The world has some time to consider the full implications of Trump’s victory, because he will not take office until January 20, 2017, and he will then spend several months staffing his administration with the men and women who will actually formulate and implement its policies.
One thing we already know is that authoritarian rulers around the world can rest easier. They will not hear any more harsh words from the US about their regimes’ contempt for democracy, freedom, or human rights. The American goal of making the world safe for democracy will now be replaced by a policy of “America first,” a sea-change in US foreign policy that is already likely arousing jubilation in Russian and Chinese halls of power.
We also know that Trump’s victory jeopardizes world trade. Trump has promised to ditch the 12-country Trans-Pacific Partnership, impose punitive tariffs on Chinese imports, and unilaterally renegotiate the North American Free Trade Agreement. This is the last thing the world needs right now, given that trade – and the global economy itself – is already struggling.