494. Carney’s Trump Fightback and the Starmer-Burnham Fallout

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The Rest Is Politics 57 min 3 speakers 5 chapters transcribed
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What is the main topic discussed in this episode?

Alistair Campbell 0:00
Thanks for listening to The Rest Is Politics. To support the podcast, listen without the adverts and get early access to episodes and live show tickets, go to therestispolitics.com. That's therestispolitics.com. This is a rupture, not a transition.
Rory Stewart 0:14
The world is fundamentally changed. The U.S. is becoming almost as much of a threat to the West as China.
Alistair Campbell 0:21
This foreign policy stuff matters more than it's ever done because of the United States behaving the way that it's done.
Rory Stewart 0:27
The idea that Europe can't survive without the U.S., or even that Britain can't survive without the U.S., is just technically not true. There are limits to American power. We saw that. Those people who've been appeasing him over the last year hasn't worked.

What is the significance of Trump's foreign policy in the current global landscape?

Rory Stewart 0:38
we can see with Greenland that when you appease him, he actually escalates. This episode is brought to you by Fuse Energy.
Alistair Campbell 0:49
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Rory Stewart 1:01
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Alistair Campbell 1:34
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Rory Stewart 1:45
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Rory Stewart 2:01
Welcome to The Rest of This Politics with me, Rory Stewart. And me, Alastair Campbell. Alastair, here we are, recovering from Davos. Davos was one of those extraordinary moments. I think it all, it's not quite Munich, but it's one of those things that really feels as though the world has changed because Trump's threats against Greenland were followed by an unbelievable coordinated response at the centre of which was this amazing speech by Mark Carney, the Canadian Prime Minister, saying we're going to have to move away from a US order to a new order of middle powers. And everything now is about how do we define these institutions, which are going to somehow try to do some of the things that the US-led international system has done for 80 years in the absence of the United States.
Alistair Campbell 2:44
The big unanswered question out of Davos. was when Mark Carney talks about middle powers, maybe embracing their power more, what might that actually mean in practice?
Rory Stewart 2:55
And let's just take it back one step. So Davos was pretty extraordinary. It's very, very rare in world events that you get a moment that seems to shift the world. So we've spent more than a year now talking about whether Trump has fundamentally upended the global order. And we've talked about whether you're beginning to get a situation where in some areas, US is becoming almost as much of a threat to the West as China. Not in the sense that it's a state like China, of course, a much friendlier, more democratic state, but the vulnerabilities we have for the US means it could do this. And I guess what Davos represented is the moment where that Greenland threat from the US changed something very, very fundamentally.
Rory Stewart 3:37
So we had Mark Carney's speech, which we were very focused on, which was the moment at which he tried to sketch an alternative post-Trump world. We had Alexander Stubb, the Finnish president, laying out his visions for multilateralism. We had a moment where even heads of smaller states, the Belgian leader coming out and saying, we've now become vassals. And a moment at which Greenland threat happened, Europe then began to signal that they might look at anti-extortion tariffs, which would have tens of billions of tariffs back towards the United States.

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