Somebody finally got to Trump. His aides (Mattis, Pompeo?) must have pointed out that the Chinese were bankrolling projects in Africa, Asian, and Latin America and gaining influence at the expense of the U.S. Trump thinks of hard power-–guns, planes, Navy Seals. The Chinese are using soft power–projects, training, foreign aid, and they are doing well.
Although Trump in the 2016 campaign decried foreign aid and vowed to end it, he just reversed policy. To counter the Chinese, Trump signed a $60 billion bill last week creating a new foreign aid agency. The agency will provide the money in loans and insurance to companies willing to do business in the developing countries.
Interestingly, for a president who is always bragging about “winning,” he does not mention the new agency or the foreign aid at any of his rallies.
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