Arab Finance: Experts and strategic analysts expected that there would be disagreement American politics Towards the Middle East region, including Egypt, in the event that either the Republican or Democratic party wins, as the policy of the two parties differs towards the region, as the American candidate Donald Trump leads the Republican Party, while the candidate Kamala Harris leads the Democratic Party in this regard. US elections It is scheduled for November 5th.
The importance of the Egyptian role in the Middle East
The experts agreed on the importance of the Egyptian and pivotal role in the Middle East region, especially in light of the current Israeli war on Gaza and Lebanon, for both the Republican and Democratic parties, expecting America to adopt violent protectionist policies, especially in the event of Trump’s victory, who will be less flexible than his counterpart Kamala Harris, pointing to the necessity of During the coming period, Egypt will move toward an economic bloc with the Gulf states.
Trump's approaches towards international trade are very violent
Dr. Yemen Al-Hamaki, former head of the Department of Economics at Ain Shams University, said in exclusive statements to Arab Finance that candidate Donald Trump has very violent tendencies towards international trade compared to Kamala Harris, who is less strict in that regard, although the two are moving in the same direction regarding protectionist trade restrictions, as investors expect that Kamala Harris takes a targeted tariffs approach, while Trump leans toward more aggressive policies.
Al-Hamaki added, for example, that there is a withdrawal of many American investments in China, as they exceeded $70 billion, of which about $35 billion were withdrawn, stressing that the global economy cannot bear the possibility of there being a conflict between the two largest economic powers, such as China and America, where the American output reaches To about 25 trillion dollars, in contrast, this output reaches 20 trillion dollars in China.
Regarding the Suez Canal being affected by geopolitical tensions, Al-Hamaki confirmed that although the Suez Canal was affected by about $6 billion, these challenges can be faced by creating opportunities such as maximizing returns. For example, financial successes and leaps can be achieved in the ready-made clothing market from $2 billion to $20 billion.
For his part, Dr. Abdel Moneim Saeed, former director of Al-Ahram Center for Political and Strategic Studies and an expert on American affairs, said in exclusive statements to Arab Finance that the current American elections are unusual elections, whether for America or the Middle East region, and that the degree of polarization in them is very high because even the term of President Previously, Barack Obama, American policy gave great importance to peace in the Middle East, but with the coming of Donald Trump to power in America, he differed from all of his previous American presidents and created what we can call his own “Trumpian state,” characterized by a state of isolationism, monopoly of the Third World, and racism toward it, while on the other hand We find that Kamala Harris is a continuation of America's policy and traditions towards the Middle East, which pays attention to peace in the region and also gives cultural and religious importance to Egypt and the Middle East region as the cradle of the heavenly religions.
Trump's victory will lead to turmoil and tension in the region
Saeed explained that if Kamala Harris wins the US presidency, there will be a state of moderation and focus on bringing peace to the Middle East, and matters in the region will be organized similar to what happened after the 1973 war, and the papers will be rearranged so that the region is more peaceful, unlike Trump, who had previously taken the decision to move the embassy. He agreed with the right-wing movement that raises the slogan from the river to the sea, that is, from the Jordan River to the Mediterranean, which means the annexation of Gaza to Israel, and therefore his period, if he wins the American elections, will be characterized by turmoil, violence, and tensions in the Middle East region. He also does not prefer to support other countries with aid, according to his isolationist philosophy.
Egypt will have a major role in the Palestinian issue
For her part, Dr. Noha Bakr, professor of political science at the American University in Cairo, believes that Egypt will be of great importance and will have a major role in bringing peace to the region, and its role will also be strong in the Palestinian issue, whether among Republicans or Democrats.
Regarding the file of American economic aid to Egypt, Bakr confirms that this file will not be affected by the victory of either party, and that the Nile water file will not receive much attention from Republicans or Democrats.
Bakr points out that navigation traffic in the Suez Canal is expected to be affected if unrest continues in the Red Sea region. It is also expected that Egypt will have an important role in the file of combating terrorism, which could grow during the coming period. The human rights file is also one of the important files that America sometimes uses it as a pressure card on some countries in the region.
While Dr. Ezz El-Din Hassanein, the economic expert, believes that the economic aid file will not be affected by the victory of either party, and that Egypt’s role is pivotal in the region, and very important, and that Egypt has a major role and influence in the Palestinian issue file because of Egypt’s influence on both the Palestinian and Israeli parties.
As the countdown to US Election Day begins, US Vice President Kamala Harris and her rival, former US President Donald Trump, are racing to win voters' votes in swing states, and the latest opinion polls show a very close race.
Americans will vote on November 5, 2024, to elect a new president of the country to succeed the outgoing Joe Biden, who announced his withdrawal from the race for the White House, leaving the place to his deputy, Kamala Harris. Harris breathed new breath into the Democratic Party campaign, which officially nominated her to face her Republican rival, Donald Trump.
For his part, the former president is still betting on the popularity he enjoys with his electoral base, which continues to support him despite his being subjected to judicial prosecutions.
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