The Future of the Dollar
U.S. Financial Power Depends on Washington, Not Beijing
In his quest to Make America Great Again by putting America First, U.S. President Donald Trump spent his first weeks in office disrupting relations with allies and adversaries alike. He complained to the Australian prime minister about what he called the “dumb deal” the United States made in agreeing to relocate approximately 1,250 refugees from Australia to the United States; he suggested to the Mexican president that the United States might help take care of some “tough hombres” there; and he declared to French President François Hollande that the United States should get its “money back” for its years as NATO’s leader. He apparently also remains determined to enact an executive order temporarily banning immigration from seven Muslim-majority countries despite the early judicial rulings against his efforts.
Micah Zenko and Rebecca Lissner, from the Council on Foreign Relations, have described Trump’s approach to foreign policy as “tactical