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Joe Biden officially became the forty-sixth president from United States.
The country, crossed by unprecedented divisions (exacerbated by the social and economic implications of the ongoing pandemic), after moments of strong apprehension over the confrontation between the two challengers, American citizens have finally learned who will be the person who will lead the State. over the next few years when deciding on the future of the next generations.
But now what did Joe Biden win in the US election? From domestic politics to trade relations, here’s what could change with the Democrat in power.
Biden in the White House: what’s changing in America
Joe Biden’s victory implies, above all, a radical change of course As to institutional comunication. In fact, the Democrat will be called upon to reconvert the image of the country, marked by four years that, thanks to the arrows and the intemperance of the Republican Trump, have revolutionized the habits and consolidated customs of American politics.
Reconciling the fractures fed by the divisive character of the current president is possible, for Joe Biden, only by promoting democracy, decorum and harmony, empathy, internationalism and science, all components that, according to the democrat, “were destroyed by the Trump presidency”.
But the agenda of the new tenant of the White House already presents, marked in red, the priority theme for the first days of his mandate: articulating an effective response to the second wave of coronavirus. And more generally, managing the long-term effects that will continue to shake the economies of the United States and the world.
Donald Trump’s tenure, including poisoned tweets, repeated nods to America “No-Mask” and manifestations of super-self (“I feel better than twenty years agoHe said that, after contracting the virus, to the reporters present, he has aroused both hilarity and outrage, however obtaining the approval and support of the denial currents that now spread throughout the country.
Following in the footsteps of Roosvelt, Johnson and Obama, Joe Biden intends to promote a more inclusive health system. And, in keeping with this system, he proposed a more pragmatic approach to the pandemic during the tense television duels with rival Trump.
Biden’s announced intention is turn off the sirens without a mask imposing the obligation, throughout the national territory, to wear a mask. Increased testing and increased production of protective devices, along with a coordinated plan for the production and distribution of the first doses of the vaccine.
The fiery election campaign then inevitably touched on one of Trump’s most treasured themes: immigration. The takeover of the White House by the Democrats would draw a line of discontinuity with the Republican administration.
Indeed, in Biden’s plans there is the will to dismantle, point by point, the implementation of restrictions built by the Trump administration, also destroying any project related to invasive interventions on the border with Mexico. In addition, more resources will be allocated to regular immigrants already residing in the United States.
Also significant is the promised discontinuity in environmental field, terrain in which the opposition between the two North American parties reached its peak. While climate change has never been a “hot topic»For The Donald (inclination also confirmed by the desire to increase oil and gas extraction), on the other hand Biden intends to strengthen the plan aimed at reduction of carbon emissions (intentionally zero emissions by 2050). Strong would be, with the Democrat, also the impulse for the production of electric vehicles, with the ambition to compete for leadership in the green sector with China.
Democrats and international relations
The expected national implications of Democrat Joe Biden’s victory promise to deliver to the world a country that is profoundly different from the one observers have come to know since November 2016. However, it is reasonable to expect a moderate impact also in international scope.
Trump’s aversion to multilateralism has led many observers to argue that a Republican re-election could even threaten NATO’s existence (between 2017 and 2018, Trump forced the country to leave UNESCO and the United Nations Council for Human Rights) .
Biden’s victory, traditionally away from nationalist and protectionist positions, could strengthen international cooperation and bring America back to the United Nations compound.
Progress is also expected regarding diplomatic relations Between USA and EU. Good news, therefore, for the old continent, which at a time of special fragility needs that dialogue with the United States that Biden in the White House could ensure.
Migratory flows, negotiations on Brexi and tensions with Turkey’s bulky neighbor (high tension between Erdogan and Macron) put the EU in a weak position. A complete return of the USA to the diplomatic tables would help europe to untie the knots that threaten the continent (news is also expected on the front of trade relations and the question of duties).
Finally, there is no shortage of clues on how relations with China they would be modulated by a democratic presidency. The Republican magnate’s four years in power have impoverished relations with the Beijing government, in a challenge that has mainly taken place at the table of technology, human rights and, ultimately, the pandemic.
Joe Biden’s rise to the White House could lead to one toned relaxation thanks to a greater willingness to diplomatic dialogue on the part of the Democrat. However, it is not reasonable to expect a return to those US-China relations that had characterized the pre-Trump season: the modalities of the challenge will likely change, with Biden more inclined to build alliances which can support the United States in Asia.
Economic recovery will be faster with Biden
The wait for the name of the new president of the United States has also kept people on their toes global financial markets. Endorsements from Moody’s and Goldman Sachs, which promoted Joe Biden’s election programs, reveal widespread sentiment on Wall Street toward the Democratic candidate.
In fact, with the choice of Biden a more substantial economic stimulus package than the Republican contender could assure. This package, according to Goldman Sachs, could limit the negative impact of a likely tax increase and new regulations.
Biden’s spending programs focus primarily on infrastructure, healthcare, and education, all of which promise to provide long-term benefits. This government spending promised by Biden, combined with the low interest rates set by the Fed, could, according to observers, accelerate economic recovery in the U.S.
However, market sentiment is not uniform. The economic interventions proposed by Biden have the approval of the sectors that will benefit most from the stimuli, but new regulations threaten oil companies, among others (due to the stricter commitments that Biden intends to make to combat climate change), private prisons and some companies in the banking sector.
