Trump dump

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Honestly, I have no idea where this is going to end:

Trump was indicted by a Manhattan grand jury, prosecutors and defence lawyers after an investigation into payments made during his 2016 presidential campaign to silence claims of an extramarital sexual encounter. The indictment itself remains sealed for now in the first criminal case ever brought against a former US president.

Republican leaders in Congress lamented the moment as a sad day in the annals of United States history. Conservative news outlets issued a call to action for party activists. One supporter of former President Donald Trump’s suggested that his mug shot should double as a 2024 campaign poster.

All I can say is, it will not matter to the US posture in Asia. Trump is more anti-China than most and the strategic calculus is unchanged.

Whatever form that it takes, it’s better to fight China in its backyard than in America’s.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.