Dec 7, 2018

Despite Trump's wishes, the arms race is likely to heat up

Don't look over your shoulder, pal. Photo: Mikhail Klimentyev\TASS via Getty Images

Vladimir Putin has threatened to begin developing missiles banned under the landmark 1987 Intermediate-Range Nuclear Forces (INF) treaty if the U.S. withdraws from the pact. According to every NATO country and both the Obama and Trump administrations, he already has.

Why it matters: President Trump tweeted this week about meeting with Russia and China to "halt what has become a major and uncontrollable Arms Race." It seems more likely that the arms race is about to heat up.

  • Secretary of State Mike Pompeo warned at the NATO foreign ministers summit earlier this week that if Russia does not return to compliance within 60 days, the U.S. will begin the withdrawal process.
  • One case for scrapping the treaty is that the U.S. can't afford to be unilaterally constrained by it as it confronts a growing military threat from China.

So if we're entering into a new cold war, where does the world stand? According to a new report from Pew ...

  • Of 24 countries polled, only 4 view Russia more favorably than the U.S: (Argentina, Mexico and Germany by a narrow margin; Greece by quite a bit).
  • When it comes to China and the U.S., the world is more divided: 9 countries are more favorable toward China, 13 toward the U.S. and 1 (Spain) split.

Worth noting: Much of this is leader-driven. Views of the U.S. have fallen off a cliff in the Trump era, and even most countries that tend to view Russia favorably take a dim view of Vladimir Putin.

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 10:30 a.m. ET: 1,502,618 — Total deaths: 89,915 — Total recoveries: 339,775Map.
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  3. Business: The Fed will lend up to $2.3 trillion. — Another 6.6 million jobless claims were filed last week
  4. Federal government latest: Congress' $250 billion PPP injection could come too late for some businesses.
  5. Public health latest: Anthony Fauci said social distancing could reduce the death toll to 60,000.
  6. Poll: 1 in 10 Americans believe the economy will never return to normal.
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Fed Chairman Jerome Powell at a press conference in March. Photo: Eric Baradat/AFP via Getty Images

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