Bremmer: U.S. Retreat From Global Leadership Is a Long-Term Shift
Channel: Bloomberg Television
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Language: English (creator captions)
[0:00] I am curious about how much we can read into Tuesday's election with regards to the
[0:05] potential change in policies coming out of Washington and the state houses around the country.
[0:11] Well, I think there's two different ways to look at it. The the first is that
[0:15] we have had a very different set of US policies towards others around the world for
[0:22] a solid couple of decades now. The United States used to drive free trade agreements. Americans
[0:28] on the left and on the right have said they're much less interested in that. You
[0:32] now have industrial policies, subsidies, and tariffs. That is structurally true and is gonna continue to
[0:39] be true irrespective of whether it's a democrat or republican in the White House going forward.
[0:44] The Americans are less interested in being the global sheriff, and they wanna see a lot
[0:49] more burden sharing from allies around the world. They're gonna wanna see less US presence in
[0:54] The Middle East. They wanna pay less for other countries' defense. That's gonna persist. The Uni