Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Lazaro Gamio/Axios

Russian aggression and the rise of China are among the biggest foreign policy concerns Americans face. In many countries, though, the world power seen as most threatening is the United States.

The big picture: Views of the U.S. and its leadership are in sharp decline around the world — particularly among America's closest allies.

  • According to a 2017 Pew survey, 39% of respondents across 38 countries consider U.S. influence and power a major threat to their countries, compared to 31% for both Russia and China. That’s up from 25% in 2013, when the survey was conducted previously.
  • Approval of U.S. global leadership fell to 30% worldwide, per a January Gallup poll. That’s narrowly behind China (31%) and ahead of Russia (27%). It’s also the lowest score in the 10 years the survey has been conducted, and down from 48% in Barack Obama’s last year.
  • America’s favorability around the world has fallen sharply, particularly among key allies like Mexico, Canada and Germany. And that was before Trump's trade war and Iran deal withdrawal.

President Trump would argue that foreign policy is not a popularity contest, and it’s better to be viewed as a threat than a pushover. But there are real foreign policy implications behind these numbers:

  • Partnerships with South Korea and Japan are crucial to containing both the North Korean threat and the rise of China. Unsurprisingly, both countries list China as among the top threats they face. Startlingly, though, the U.S. is right behind — with 70% in South Korea and 62% in Japan viewing the U.S. as a major threat.
  • Meanwhile, some NATO allies like Germany apparently see the threat to the west as larger than the one to the east. 35% of Germans view the U.S. as a major threat, compared to 33% for Russia. Meanwhile, as relations with Trump have soured, Chancellor Angela Merkel has sought common cause with both Russia and China.
  • Worth noting: India and Poland are among the countries that bucked the trend, viewing the U.S. less warily than in 2013.

The bottom line: Global views of the U.S. have slumped before — during the Iraq War, for example — and cracks in U.S. alliances have been repaired in the past. But as the mistrust grows, it could get harder and harder to put Humpty Dumpty back together again.

Go deeper

Erica Pandey, author of @Work
1 hour ago - Economy & Business

What's really going on with the labor market

Source: YCharts

The labor market is showing some signs of improvement: Jobless claims fell to 730,000 — a dramatic drop from 841,000 the previous week. And the latest jobs report showed a pandemic-era low unemployment rate of 6.3%

But, but, but: That's not the full story, experts say.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Markets see rare convergence milestone

Expand chart
Data: YCharts; Chart: Axios Visuals

A milestone was reached in the markets Thursday: The yield on the 10-year Treasury note rose to match the dividend yield on the S&P 500

Why it matters: The two yields have been inverted since the beginning of last year, which is historically unusual.

Mike Allen, author of AM
2 hours ago - Economy & Business

First look: Business puts muscle behind Biden

Business Roundtable, the voice of America's top CEOs, today launched "Move the Needle," a campaign to support President Biden in rolling out COVID vaccines, increasing vaccine uptake and encouraging masks.

What they're saying: "Masks and vaccines are working. Now is the time to keep at it, overcome pandemic fatigue, and double down on the measures that will end this public health and economic crisis, said Business Roundtable president and CEO Josh Bolten.