Donald Trump at a cabinet meeting in the White House earlier this month. AFP / Saul Loeb
Donald Trump at a cabinet meeting in the White House earlier this month. AFP / Saul Loeb

A national security strategy should provide clarity, but the Trump foreign policy doctrine is laced with contradiction



Since Donald Trump took office almost a year ago, one of the most vexing questions has been: what will an "America first" foreign policy mean? With the administration torn between multiple competing power centres, unusually large gaps between rhetoric and reality and the inherent challenges of interpreting an essentially novel framework for US foreign policy, friend and foe alike have been left scratching their heads. Monday's release of the new US national security strategy document, the first since 2015, should, in theory, do much to clarify what a Trumpian foreign policy doctrine involves. 
It will be scrutinised at home and abroad on three main criteria: how much it diverges from traditional US foreign policy; how interoperable and logically consistent its component parts seem and how well these ideas comport with the administration's practical actions and stated goals thus far. 
While the 70-page text has been fairly closely-guarded, the outlines have become clear. The drafting has been led by Nadia Schadlow, senior director for strategy at the National Security Council, who is widely respected as an establishment conservative figure well-versed in traditional US and Republican Party foreign policy thinking. Therefore, it's not terribly surprising that much of the text frequently doesn't deviate dramatically from strategies issued by the George W Bush and Barack Obama administrations.

While the continuities will be marked, there will also be some significant distinctions. Perhaps most notably, and unsurprisingly, the Trump strategy will downplay, although not eliminate, several traditional pillars of US foreign policy, particularly the role of values and human rights and the importance of multilateral institutions, alliances and treaties.

Even more strikingly, the virtues of nationalism, and indeed parochialism, will be stressed at the expense of Washington’s traditional championing of a rules-based international order that promises win-win scenarios. Instead, much of this strategy will implicitly assume an anarchical international competition of all against all, with clear winners and losers fighting over limited and diminishing, rather than expanding, global prizes and resources.

Critics will protest a surrendering of principles while supporters defend clear-headed realism.

But passages reflecting this binary and narrow vision will coexist uneasily with much more familiar articulations of how American principles inform both US foreign policy conduct and goals. There is likely to be a considerable degree of dissonance throughout between the Trumpian “America first” impulse and more normative iterations of “Americanism” in foreign policy.

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“America first” has not translated into neo-isolationism, either in theory or in practice. Indeed, “expanding American influence” is among four central pillars of the new strategy. But it has involved a retreat of American global authority - whether by ceding new space for Chinese leadership on trade and technological innovation, expanding Russian influence in Syria and the rest of the Middle East, or favouring narrow bilateral arrangements over more advantageous but far-reaching multilateral institutions and agreements.

Mr Trump’s political base may actually welcome this calculated international retreat, viewing it as an essential prelude to emphasising domestic priorities. What otherwise appears to be foreign policy self-mutilation is thereby perceived as a practical expression of “America first”.

But will the strategy help resolve some of the profound contradictions that have plagued Mr Trump’s foreign policies thus far?

Mr Trump has emphasised the need to enforce undefined limits on North Korea's nuclear programme. Indeed, his ally senator Lindsey Graham says there is a 30 per cent chance of a war over this, rising to 70 per cent if Pyongyang conducts another nuclear test. Yet Mr Trump has almost started a trade war with South Korea for reasons that remain essentially mysterious. The priorities appear muddied at best.

Similarly, in the Middle East, Mr Trump has cited defeating terrorism and confronting Iran as key goals, as will likely be reflected in the strategy. Yet Washington has all but labeled Syria – which is plainly the epicentre of the threats of ISIL and, especially, Al Qaeda, and the focus of Tehran’s expanding power and potential land-bridge to Lebanon and the Mediterranean Sea – to be essentially Russia’s “problem” and therefore Russia’s prerogative as well. Again, policy means and ends don’t seem to match up at all.

One of the most intriguing questions is whether the strategy will reflect the assessment being advanced by national security adviser HR McMaster that Turkey and Qatar have emerged – implicitly in coordination – as the primary funders and supporters of groups promoting radical, violent Islamist ideologies.

This is a welcome recognition of a real threat. But it’s also at odds with Washington’s increasingly “even-handed” approach to the boycott of Qatar, its continued embrace of Turkey, and, especially, Mr Trump’s endless praise of Recep Tayyip Erdoğan.

In all three cases, and many others, it’s hard to see how the broader goals can be achieved if more limited bilateral issues with Seoul, Moscow, Doha or Ankara, or a reticence to make hard choices, keep dominating the practical agenda.

A national security strategy should provide guidance and clarity. That has rarely been more needed. But the danger is that confusion will proliferate if the document seems internally inconsistent, reflects major dissonance between goals and policies, and sounds more like Mr Bush or Mr Obama than Mr Trump.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

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