Trump’s Triumph: What a new era means for Africa
Former U.S. President Donald Trump has pulled off what many are calling the comeback of the century, returning to the White House after a contentious and polarising campaign. As Trump prepares to take office, Africa—and South Africa in particular—has much at stake. While the Rand holds steady at R17.44 to the dollar, a Trump presidency brings both uncertainty and potential opportunities for the continent.
America’s Political Shift: How Did Trump Win?
According to the Telegraph, Kamala Harris ran the worst presidential campaign in modern American history. Voter fatigue with left-leaning policies and a focus on economic issues helped drive Trump’s victory.
BBC and Reuters agree that Haris failed to deliver a convincing argument about why she should lead the country and how she would deal with economic frustrations and concerns over immigration.
A majority of voters said they trust Trump more to handle the economy, with 51% saying they did so compared to 47% for Harris, according to a preliminary national exit poll.
Harris’ campaign leaned heavily on social issues, such as pro-choice stances and a “my body, my choice” narrative, accompanied by celebrity endorsements from Beyoncé and Taylor Swift.
However, critics argue this approach ignored pressing concerns around inflation, jobs, and national security. As Trump put it himself, “We don’t need a star because we have policy.”
Bernie Sanders’s Take on the Democrats’ Loss
In a post-election statement, Senator Bernie Sanders harshly criticised the Democratic Party, lamenting its loss of the working class. “The American people are angry and want change” Sanders said, pointing to the party’s detachment from economic concerns affecting everyday Americans. His words resonate globally, as political leaders elsewhere grapple with balancing progressive ideals and economic realities.
Trump’s Policies: A Mixed Bag for Africa?
Trump’s return signals a potential shift in U.S.-Africa relations. Known for his transactional approach, Trump may prioritise American economic interests, leaving Africa vulnerable to tariff changes and cuts to foreign aid programs like PEPFAR, which combats HIV/AIDS.
However, Trump’s emphasis on critical minerals and his opposition to China’s influence could open doors for African nations rich in resources, allowing them to leverage their assets in exchange for favourable U.S. partnerships.
The Economic Ripple Effect
Trump’s policies could hit South Africa’s economy directly. The African Growth and Opportunity Act (AGOA), which provides duty-free access to the U.S. market, may be at risk. This could jeopardise thousands of South African jobs dependent on American exports. Additionally, Trump’s tariffs on China could have indirect consequences, affecting global trade and, by extension, South African exports.
Energy and Climate: Setbacks for Africa?
Trump’s climate scepticism is another potential setback for Africa. Daily Maverick reports that Trump’s administration is likely to roll back support for global climate initiatives, even as African nations face severe climate challenges. With Trump’s focus on ramping up oil and gas production, Africa’s renewable energy ambitions could face obstacles if global investments shift back to fossil fuels.
Navigating a New Relationship with the U.S.
As South Africa and other African countries assess the implications of Trump’s presidency, pragmatic diplomacy will be essential. Experts argue that African leaders should recalibrate their strategies, focusing on economic diplomacy that balances Africa’s needs with Trump’s transactional mindset. This may be Africa’s chance to attract more direct investment by leveraging critical minerals and strategic alliances.
What Lies Ahead?
With Trump’s victory, South Africa faces a new era of uncertainty. While challenges lie ahead, there may also be opportunities to reforge alliances and advocate for Africa’s interests in a more competitive global environment.
WILL TRUMP’S SECOND TERM BENEFIT OR HINDER AFRICA’S GROWTH?
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