Jun 11, 2018

Closest allies sour on U.S.

On a leader-to-leader level, relationships between the U.S. and its most powerful allies are in tatters. That much is clear when a senior U.S. official declares "there's a special place in hell" for the prime minister of Canada. Canada!

Data: Pew Research Center; Chart: Andrew Witherspoon/Axios

The bigger picture: Antipathy for the U.S. in allied countries extends far beyond those leaders, and it's spiking under Trump. The U.S. has historically been the de facto leader within its strategic alliances, but an unpopular leader can quickly become a bully. The G7 summit showed the limits to that approach.

  • Early in George W. Bush's tenure, and particularly after 9/11, there was considerable goodwill toward the U.S. among the other global powers. That evaporated during the Iraq War and hit worrying lows (30% in Germany, 39% in France) before Bush left office.
  • After the election of Barack Obama, views of the U.S. rebounded, dipping in Europe over time before ticking up again late in his tenure. The exception was Russia, which grew far more hostile to the U.S.
  • When President Trump came into office, the approval numbers fell off a cliff except, again, in Russia. The 2018 numbers could be even lower.

Go deeper

Situational awareness

Photo: Brett Carlsen/Getty Images

Catch up on today's biggest news:

  1. Mike Bloomberg offers to release women from 3 NDAs
  2. Wells Fargo to pay $3 billion to settle consumer abuse charges
  3. Bloomberg campaign says Tennessee vandalism "echoes language" from Bernie supporters
  4. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  5. Nearly half of Republicans support pardoning Roger Stone

Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.

Bloomberg offers to release women from 3 nondisclosure agreements

Mike Bloomberg. Photo: Brett Carlsen/Getty Images

Mike Bloomberg said Friday his company will release women identified to have signed three nondisclosure agreements so they can publicly discuss their allegations against him if they wish.

Why it matters, via Axios' Margaret Talev: Bloomberg’s shift in policy toward NDAs comes as he tries to stanch his loss of female support after the Las Vegas debate. It is an effort to separate the total number of harassment and culture complaints at the large company from those directed at him personally. That could reframe the criticism against him, but also protect the company from legal fallout if all past NDAs were placed in jeopardy.