By Sebastian Barrientos.
In the hours since, world reaction has been pouring in and there is plenty of shock and concern to go around. “The world gasped in collective disbelief on Wednesday following the victory of Trump in the US presidential race, with apprehensive allies seeking to put a brave face on a result they had dreaded and American adversaries exulting in an outcome they see as a potential turning point in global affairs,” said an early item from The Washington Post.
As with the UK’s Brexit vote in June, markets, partners, and international institutions generally dislike unexpected election results and we can expect some aftershocks in financial exchanges and currency markets. A 9 November flash update from The Economist offers a stark reading for the weeks and months ahead: “Mr Trump’s election victory will cause widespread alarm across the global economy, given his loose grasp of economic policy, unabashed political populism, and tendency for contradiction. We expect to see wild gyrations in bond, stock, and currency markets until Mr Trump provides some clarity on his policy agenda.”
The outlook now is for an America – at least in terms of its foreign policy, trading relationships, and perhaps even immigration – that is more inward-looking. “Criticisms of trade, immigration and international engagement were central to his candidacy,” said The New York Times today. But Mr Trump also made a point in his late-night victory speech of saying, “I want to tell the world community that while we will always put America’s interests first, we will deal fairly with everyone, with everyone – all people and all other nations. We will seek common ground, not hostility; partnership, not conflict.”
The view from us at GI
Reaction has been equally swift within the sphere of international education, and there is considerable commentary from educators and students alike so far.
Even a cursory pass through a major social platform like Twitter – as the following sample illustrates – suggests that the election result could well influence foreign students’ plans for study in the US.