In 2025, United States President Donald Trump dominated the world political agenda, dismantling the system for a peaceful world of coexistence among nations built up in the early 20th century. He destroyed the trading system that the US had built through constructive engagement with the rest of the world. Trade treaties were abrogated, and tariffs were unilaterally levied on major trading partners and allies. Yemeni Houthis, Iran, and rebels in Nigeria were bombed. The year 2026 is proving to be the same. It started with the extraordinary extraction of Venezuela’s President Maduro after months of military activity in the Caribbean.
Buoyed by the initial success in Venezuela, the Trump administration reiterated its desire to wrest Greenland from its NATO ally Denmark and renewed threats to Colombia, Cuba, and Mexico. More tankers have been seized in international waters. In 2025, USAID and the Voice of America, institutions of American soft power, were closed. Last week, in a further retreat from global cooperation, President Trump signed an executive order suspending US support for 66 organisations, agencies, and commissions, following his administration’s review of participation in and funding for all international organisations, including those affiliated with the United Nations.
In a statement, US Secretary of State Marco Rubio outlined the reasons for the withdrawal from these institutions. “The Trump administration has found these institutions to be redundant in their scope, mismanaged, unnecessary, wasteful, poorly run, captured by the interests of actors advancing their own agendas contrary to our own, or a threat to our nation’s sovereignty, freedoms, and general prosperity.”
This is a watershed in US foreign policy. These actions confirm the US’s move to mercantilism, control of oil, gas, and minerals, and its continued willingness to remove leaders who do not bend to its will. It is a warning to Latin America’s second-largest trading partner, China, that it is the dominant regional power. But it also signals a sobering reality: military superiority does not translate into political dominance. The regime in Venezuela remains in place even if the US will attempt to control it remotely using the blockade as leverage and selling its oil during a “period of transition.”
Which begs the question, transition to what?
What do these developments mean for Trinidad and Tobago? Is there a Maduro “dividend” or benefit? Does this negatively impact our capacity or willingness to do business with China? The geographic closeness to the United States creates a paradox. It should provide advantages, but it also creates overwhelming vulnerability. Trinidad and Tobago, like the rest of the Caribbean, is overpowered by US military superiority. Neither can we escape the US’s economic gravity, as our banking and financial systems are inextricably linked to the US system. It is our largest trading partner and a significant source of past foreign direct investment.
Although these facts limit T&T’s capacity for independent action, we must find mechanisms to pursue our legitimate self-interest. This requires imagination and strong diplomatic skills to navigate these constraints.
The world economy maintained its pace in 2025 despite the arbitrary imposition of tariffs. China’s trade growth continued despite the trade war with the US, and global supply chains adjusted. However, these are early days in 2026. The full impact of the US withdrawal from various international agencies and Maduro’s removal from power will play out over the coming weeks and months. Whatever happens, Trinidad and Tobago needs consistent and concerted action to achieve the economic growth necessary to maintain its stability.
