In the US, there will be stark differences between a Biden or Trump second term. For Singapore and Southeast Asia, either administration brings their own challenges, says Steven Okun of APAC Advisors.
Former US President Donald Trump and US President Joe Biden. SINGAPORE: The 2024 US presidential election will be a rematch between US President Joe Biden and former president Donald Trump
Family photo of the Association of Southeast Asian Nations summit, Saturday, Nov 12, 2022, in Phnom Penh, Cambodia.
Third, the Biden campaign wants this election to be less a referendum on the president’s first term and more a choice on a second Trump term, given his predecessor remains unpopular nationally as well. The fallout from such a shift would hit Asia as well, with countries such as Japan and South Korea likely to seek their own nuclear weapons, which would impact their relations with China and could have a spillover effect regionally.
The Trump administration would again shift away from the incumbent administration’s approach of working with partners and allies. Preparing for an entirely transactional administration will be difficult. Either way, regional governments will move on, working with the US when they can, and working without them when they must.In 2020, if about 44,000 votes went to Mr Trump instead of Mr Biden across the states of Arizona, Georgia, and Wisconsin, Donald Trump would be president today.
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