America’s reputation is plummeting as China’s rises
U.S. trade policy is making China great again — at the United States’ expense, per an analysis from Morning Consult that looks at global favorability ratings, and finds China’s rising while America’s falls.
Why it matters: The drop in America’s reputation is already costing the country economically — through a fall in foreign visitors turned off by White House policies, and even the decline of the dollar.
The big picture: There’s potential for more damage:
- “As views of the United States worsen, trade and investment opportunities for American firms doing business overseas may also diminish as consumers shun the products and job opportunities they provide,” writes Jason McMann, head of political intelligence at Morning Consult.
- There’s also concern about a specific provision buried in the Republican tax bill that could reduce demand for U.S. assets, plus worries over losses from banning foreign students studying in the country.