The Trump Inauguration 2.0 marks a significant turning point in global politics, ushering in a supercharged global reset. As Donald Trump assumes the presidency for the second time, the world is bracing for drastic changes in US policy, both domestically and internationally.¹
A New Era of US Politics
Trump’s second inauguration speech is expected to set the tone for his new administration, with a focus on domestic priorities and a tougher stance on international trade and security. According to a report by FERI Institut, Trump’s return to the White House means drastic changes for the USA and the rest of the world, with a focus on unleashing the US economy and promoting new technologies.
The Economic Impact
Trump’s economic vision includes plans to expand oil drilling and shale gas fracking, positioning the US as a leading energy exporter. This strategy is likely to disrupt global supply chains, especially in the Indo-Pacific and Europe, where nations may need to pivot towards US energy imports. According to a report by ORF America, Trump’s protectionist stance could also see increased tariffs on specific Indian exports, particularly in the pharmaceutical, textile, and information technology sectors.²
Trade Relations and Global Supply Chains
The Trump administration’s trade policies are expected to have a significant impact on global supply chains. With a focus on reducing US dependence on China, Trump may push for increased tariffs on Chinese imports and promote US-made products. According to a report by FERI Institut, this could lead to a massive transformation of global supply chains, with countries like India and Vietnam potentially benefiting from increased US investment.
The Rise of India-US Relations
India is poised to remain a key partner under Trump’s second administration, with a focus on defense, security, trade, and technology cooperation. According to a report by ORF America, the two nations may collaborate on initiatives such as the Quad and the India-Middle East-Europe Economic Corridor (IMEC), aimed at countering Chinese assertiveness in the region.
The Global Consequences
Trump’s second term promises to recalibrate US policies, both domestically and globally. With a focus on America First, Trump may withdraw from international regulatory systems and intensify US decoupling from China. According to a report by FERI Institut, this could have harsh global consequences, including increased tensions in trade relationships with key partners like China and the European Union.
The Road Ahead
As the world navigates the complexities of Trump’s second term, it’s clear that the next four years will be marked by significant change and upheaval. With a focus on domestic priorities and a tougher stance on international trade and security, Trump’s administration will likely have a profound impact on global politics and economies. According to a report by ORF America, the key to success will lie in Trump’s ability to deliver tangible results within the first two years, ahead of the 2026 midterm elections.
A New World Order?
As the world adjusts to the new reality of Trump’s second term, it’s clear that the global order is undergoing a significant shift. With the rise of nationalist movements and the decline of international cooperation, the world may be entering a new era of great power competition. According to a report by FERI Institut, the consequences of this shift will be far-reaching, with significant implications for global trade, security, and governance.
Dr Chukwuemeka Ifegwu Eke writes from the University of Abuja Nigeria
