In Europe, a rapidly withdrawing United States military presence would likely force a settlement in Ukraine favouring Russia. These are not implausible events, but simply assume a more disciplined implementation of actions and statements in the first Trump Administration.” – Dr David Skilling, January 12 2024, SubstackA Trump administration withdrawing from NATO would not be easy to achieve. In international trade, Trump has floated the idea of encircling the whole of U.S. industry with a 10% tariff, which would bring a fresh wave of disruptions to supply chains. If we can recall the impact to New Zealand of massive supply chain disruption across most of our manufacturing and construction base, under Trump prepare for it again. Trump and Biden have been in lock step when it comes to a hawkish position on trade with China.

Source: New Zealand Herald January 14, 2024 00:39 UTC