What will be the consequences of the election of Donald Trump?

Reactions are multiplying around the world after the announcement of Donald Trump's victory. We are trying to see things more clearly this morning with Thomas Frank and Jordan Tama who deliver their immediate analysis of the result.

Did inflation cost Kamala Harris' defeat?

Thomas Frank and Jordan Tama work to unravel the paradox according to which the working classes voted massively for a billionaire man very close to the ultra-rich. Jordan Tama attempts an explanation: “There are people who will tell you that there are economic factors that brought Trump to office, others will say that it is cultural factors, the fear of the other, the fear of the migrant. In fact , it's a combination of all of these and Trump knew how to take advantage of these two aspects very well.”.

Thomas Frank puts his finger on inflation, “a big piece of history”, who had “destroyed the presidency of Jimmy Carter and Gerald Ford”. Nostalgia appears to have led many Americans to vote for Trump: “nostalgia for a time before the pandemic, before inflation”. However, it is Donald Trump who, in the eyes of Thomas Frank, remains partly responsible for the surge in prices: “his massive spending, the initiatives that he and Biden took, that they signed, led to an increase in this inflation. So he is largely responsible for it. But the paradox is that Trump is going to inherit of an excellent economic situation”he adds. Donald Trump's policies are even likely to exacerbate inflation with tariffs on imports to the United States, adds Jordan Tama.

L’abandon de la “working class”

The trajectory taken by the Democratic Party in recent decades is also worth mentioning to continue explaining the outcome of the elections. According to Thomas Frank, the objective of the Democrats has been, for some time now, to highlight the “white collar, highly educated professionals”to the detriment of the working classes. “There are many examples of favors that were given to this group when Bill Clinton was president. Many trade deals played a major role in destroying manufacturing in the United States. On Wall Street, there were a lot of laws that were passed to allow Wall Street banks to do whatever they wanted, resulting in the financial crisis of 2008. Then when Barack Obama was elected, many voters were so fed up. of hope for this great leader Well, he saved the banks, and he did very little for American small business owners. All this is very well known in the United States..

Towards a renunciation of Ukraine and even more massive support for Netanyahu?

Asked about the future of the wars in which the United States is engaged, Jordan Tama fears that Donald Trump will offer part of Ukrainian territory to Vladimir Putin. “Trump wants to present himself as a person who can solve problems, make deals, deals, deals. In this case, he is indeed ready to end aid to Ukraine”. This position could be explained by a desire to exercise the same type of power as a Putin or a Xi Jinping. “And then, he wants to be able to do the deal of the century which will present as a great success”completes Jordan Tama.

Regarding the situation in Gaza, Jordan Tama says that “Trump is not going to put pressure on Netanyahu to change Israeli policy”. In the same way as for the Ukrainian conflict, the new president of the United States would apparently like to reach a diplomatic agreement between Israel and the Arab states, “because again, it would be a success to be credited with it.” However, he tempers, the relationship between Israel and the Palestinians, and Israel and the other countries of the Middle East, is at its lowest, “Trump is not going to be able to turn the tide”.