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| Image by Mike Baumeister |
January 24th 2025
"As apprehensive political and corporate elite watched, Trump warned other nations to move their manufacturing into the US or face additional tariffs – which he said would generate trillions of dollars in new US revenue. It was the latest bit of sabre-rattling by the new president, even if he has yet to make any concrete moves on the matter.
World leaders are now trying to figure out how to handle Trump’s return to power. By the end of his first presidency, they had an established playbook for the sometimes-mercurial leader that leaned heavily on flattery, lavish displays of pomp and ceremony during foreign visits, and clearly defined transactional benefits for the US. Give him a win – preferably with a dollar figure attached – and relations would improve.
There are signs that the playbook is still in use. At Davos, Trump touted an offer by Saudi Arabia to invest $600bn in the US (although the president said he would urge Crown Prince Mohammed bin Salman– “a fantastic guy” – to round it up to an even trillion).
The New York Times reported that Ukrainian officials had approached Trump’s team, willing to pay millions for the Ukrainian-language rights to Melania Trump’s autobiography."
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