Scott Galloway analyzes international responses to US politics
international relationsUS politicsCanadaIndiaTrump administration
Transcript
Is a crucial difference. Our allies have been watching all of this, too. On Tuesday's Special Conversations episode, Fareed Zakaria told Scott how countries like Canada and India are rethinking their relationship with the US and why that won't change overnight. But it gets to a central question, which is, are other nations so burned by the two Trump elections? One could be a fluke, but two makes them think, look, do we need to buy insurance? Okay, you guys come in, some nice Democrat comes in, he starts saying all the right things, just as Joe Biden did. But what happens if 10 years from now, or even just six years from now, we get another Trump like character? We get J.D. vance, we get Don Jr. We need some protection, we need some insurance, and we are going to. So I see this, for example, with Canada. Canada made a fundamental decision decades ago, Brian Mulroney and George Bush senior, to bind the U.S. and Canadian economies together to almost create a North American economy. And the car industry, for example, is currently a North American car industry. The parts move 15 times across borders to make the most efficient North American cars. The Canadians are thinking, if that dependence on America has proved to be a vulnerability because America will use it to squeeze us, to punish us, to bully us, we've got to get some leverage back. And so he's making Mark Carney, the prime Minister of Canada, is making deals with the European Union, with China, with India. Now, I think he's going to keep doing that even if a Democrat is elected in 28. India was going to wean itself off its dependence on Russian arms. But then watching what the way that Trump behaved towards India, but also the way it behaved towards Ukraine. I'm sure the Indians, I know the Indians are thinking, well, we'll wean ourselves off the Russians a bit, but maybe slower than we plan to, and we'll diversify, we'll buy it. The big order that placed this year was actually for French fighter planes, not American. And there had been a hope that India would essentially trade its dependence. 80% of Indian weaponry comes from Russia. We trade that for America. And there were many people in India advocating that. But the Trump administration's attitude has committed.