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Number Seven Thousand Six Hundred and Ninety Three - 09 November 2024
Iran Daily - Number Seven Thousand Six Hundred and Ninety Three - 09 November 2024 - Page 1

Shadow of Trump’s potential cabinet over Mideast

By Navid Kamali
Foreign affairs expert


The surprising yet predictable victory of Donald Trump in the US presidential election has once again drawn global attention to his potential cabinet and their role in shaping global trends, especially in the current context. The process of selecting cabinet members, typically one of the first executive steps for any president, has gained special significance not only for the United States but also for other countries worldwide, particularly in Western and Eastern Asia.
According to estimates and available information, it is expected that Trump’s new cabinet, primarily composed of individuals with economic, military, and diplomatic backgrounds, will adopt more aggressive policies towards rival countries, which are annually listed in the US National Security Strategy documents.
One of the first and most prominent areas of focus in Trump’s cabinet is the economic sector. Figures like Jamie Dimon, CEO of JPMorgan Chase, currently one of the most influential economic figures in the US, are likely to be considered for the position of Secretary of the Treasury. Dimon, a staunch critic of economic regulations, has previously played a significant role in shaping Trump’s economic policies. With him at the Treasury, the US government may lean towards reducing governmental oversight and easing economic regulations. This approach, especially as global markets react to financial and economic crises, could lead to significant changes in the US’s trade and financial relations with other countries. Increased financial independence and reduced oversight of financial institutions could negatively impact West Asian countries as the US might continue to exert pressure to limit financial exchanges with countries like Iran.

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