Inside look: How global leaders prepare for Trump's possible comeback
World leaders and business heads are getting ready for major policy shifts as Trumpʼs return becomes more likely. His previous experience in office gives clearer hints about possible changes in global politics
At this weeks G-20 summit in Rio‚ global decision-makers are thinking about one person who isnt even there - the impact of Donald Trump on world affairs is becoming clearer than before
The well-known geo-political expert Ian Bremmer points to some interesting staff picks: Marco Rubio‚ Mike Waltz‚ and Pete Hegseth suggest a tough stance on key issues. More surprising choices like Matt Gaetz and Tulsi Gabbard show a different direction - with Elon Musk (who recently met with Iranʼs UN rep) playing an odd unofficial role
Business reactions are mixed-up: stocks went up after his win but long-term worries exist. The markets think Trump will:
- Cut more taxes
- Roll back rules
- Spend more money
- Put up trade walls
- Push hard on immigration
Trade talks might get rough - Trump wants 20% tariffs on everyone and 60% on China; but experts dont think those numbers will stick. The Chinese economy isnt doing great which means they might want to make a deal
About Ukraine: markets think thereʼll be a quick peace deal - maybe giving up 20% of land thats already lost. Its not perfect but might work; though European allies could split up about what to do next
The Iran situation is tricky: some want military action while others want to avoid it. But Iran seems careful now - they dont want to give anyone reasons to attack them. There might even be a new nuclear deal: Trump likes making unexpected moves when he sees a chance to win
The big picture shows many countries will try harder to work with Trump than they did 4 years ago; this means he could get some quick wins in global politics early on in 2025
