The Money aspect
The United States has a huge economy, with a GDP of more than $23 trillion in 2023. With trade volume over $5.7 trillion, even small changes in its trade policies affect the whole world.
For instance, when the Trump administration put tariffs on steel and aluminum in 2018, China, the EU, and other countries retaliated with their own tariffs. This has caused disruptions in global supply chains and led to billions of dollars in losses worldwide.
USA Elections will impact the US dollar, still the main reserve currency in the world, and it affects the entire globe. Anytime the dollar becomes stronger, it causes money to leave emerging markets. This leads to lower currency values and higher borrowing costs for many countries, impacting their economic growth and stability.
NATO factor matters
With a crucial role in NATO, the biggest military alliance in the world, how much the next US president will support this alliance can affect the safety of its European friends and the overall political scene of the world. Already, there are many speculations on how Russia-Ukraine conflict will be impacted by the USA elections results.
Current challenges and USA elections
On one hand – cyberattacks, terrorism, and countries like China are increasingly becoming more powerful, on the other hand – Inside US, people are arguing about how much money should be spent on defense, where troops should go, and when it’s okay to use the military.
Democrats want to focus on talking things out and working with other countries while many people in the Republican party want the military to be even stronger and act on its own. This definitely brings a lot of spotlight on who will sit in the White House this time after USA elections.
Global Development
Moreover, the United States gives a lot of money in foreign aid. More than $45 billion in 2022, to help countries with different programs for development. When the US changes where they give aid and how much, it really affects the lives of many people in developing countries.
For example, when the Trump administration gave less aid to Africa, it caused problems with healthcare, education, and food in some countries.
USA elections affect other countries in many other ways too. For instance, Mexico feels the impact of American elections more because of US trade and immigration policies. Canada, with its strong trade connections to the US, is at high risk when US trade agreements change.
Countries like Japan, which share similar values and interests with the US, benefit from working together more closely. However, countries like Iran, which have different views from the US, will surely experience more tensions if an unfavourable presidential candidate comes to power.
For countries facing the challenge of Climate Change, the main question is- Will the next president of United States take charge in addressing this really important problem by helping other countries like India to adopt green energy (Democrats) or focus on developing fossil fuels (Republicans)?
This choice will have a huge impact on nations worldwide, sea levels will continue to rise and extreme weather events may occur if proper actions are not taken.
Conclusion
With all eyes on USA elections. whoever wins will have a big impact, whether it’s dealing with the chaos of war or making sure international trade runs smoothly. The country itself seems divided on so many issues like abortions and LGBTQIA+ rights, let’s hope the country resolves to bring the best possible candidate to the White House.
Both Trump and President Joe Biden have agreed to participate in two presidential debates ahead of the November elections, which will be hosted by CNN and ABC12. This decision sets the stage for a dramatic face-off, with both candidates preparing to present their visions for America’s future. The debates promise to be a battleground of ideas, policies, and perhaps a few more zingers about age and experience.
These debates are eagerly anticipated, not just for the policy discussions but also for the potential fireworks. With both candidates known for their strong personalities and sharp tongues, viewers can expect a blend of serious discourse and unforgettable moments. Will Biden’s stutter get the better of him, or will Trump’s penchant for off-the-cuff remarks steal the show? Only time will tell, but one thing is certain: these debates will be must-watch television.
Adding to the intrigue is a recent report suggesting that both candidates hold a 42% support rate in Virginia. This neck-and-neck statistic highlights the competitive nature of this election and the importance of each campaign’s strategy in swing states. Virginia, with its mix of urban, suburban, and rural voters, serves as a microcosm of the national political landscape. The equal support for Trump and Biden in this key state underscores the polarized nature of American politics today.
The political landscape is indeed dynamic, with these developments painting a vivid picture of the electoral battle ahead. Trump’s birthday, marked by reflections on age and vigor, juxtaposes the seriousness of the upcoming debates and the tight race in critical states like Virginia. Both candidates are well aware that every vote counts, and every public appearance, debate, and campaign rally could tip the scales.
As Trump steps into his 78th year, and Biden continues to push forward with his own campaign, the American public is left to watch and decide. Will age and experience be viewed as assets or liabilities? Will the debates sway undecided voters or merely reinforce existing loyalties? The answers will unfold in the coming months, adding layers of complexity to an already thrilling political saga.
So, as the candles are blown out and the debate preparations begin, one thing remains clear: the 2024 presidential race is far from over, and every twist and turn promises to keep the nation on the edge of its seat. Here’s to the septuagenarians, proving that age is just a number, even in the highest echelons of power.