US President Donald Trump's 'America First' policies have sent shockwaves through the global economy. Fear grips the stock markets, and economists warn of the devastating effects on the Global South.

Countries like India, which were just beginning to pursue economic growth, now find themselves caught in this storm. Can a foreign policy based on threats and transactional deals truly bring peace? This question echoes in the minds of leaders worldwide.

Read in Hindi: दुनिया को तबाही की ओर ले जा सकती हैं 'अमेरिका फर्स्ट' नीतियां

At its core, ‘Trumpism’ is a radical ideology that attempts to address the failures of medieval capitalism. Prof Paras Nath Choudhary explains, "It prioritizes national interests and ego, placing loyalty to the state above all else. It promotes domestic capitalists, supporting economic policies that benefit the local elite."

The current scenario suggests that globalization, once a source of prosperity, is now weakening. The rise of neo-nationalism could become a source of tension. Uncle Sam’s Trumpism remains indifferent to climate change and the millions suffering from hunger and disease in poorer nations.

Proponents of Trumpism argue that prioritizing local businesses and powerful individuals like Elon Musk will energize economies. However, businessman Rajiv Gupta warns that this approach fosters a dangerous narrow-mindedness, pulling nations away from international cooperation.

Senior media personality Chaturbhuj Tiwari adds, "Promoting domestic capitalists increases inequality and reduces competition. While it may benefit a select few, it is harmful to society as a whole."

Internally, Trumpism escalates tensions by suppressing dissent and promoting division. Social activist Trilok Swami states, "Such ideologies fail and divide society. Pride in the nation should not come at the expense of democratic principles."

Globally, Trump’s 'America First' policies have diminished America’s credibility. His transactional foreign policy has alienated old allies and strengthened rivals. Socialist thinker Ram Kishore remarks, "The American Dream has now turned into a dispensable nightmare."

Economically, Trump’s policies are pushing America toward marginalization in a multipolar world. The global economy is interdependent, and no country can thrive in isolation. Bihar-based scholar TP Srivastava notes, "The world has entered an age of enlightenment where cooperation is key. Clinging to outdated models will leave America behind."

Trump’s expansionist tendencies are fueling global tensions. His transactional diplomacy undermines sovereignty. Intellectual TN Subramaniam says, "Trump’s approach to Putin is concerning. Instead of taking action against the Russian President for unjustly invading Ukraine, Trump sent the wrong message by shaking hands with the aggressor."

In the Middle East, Trump’s policies have exacerbated tensions rather than providing solutions. His lack of strategy in addressing humanitarian crises has tarnished America’s moral reputation. Clearly, on the international stage, America’s image as a superpower is becoming distorted.

The global impact of Trumpism is a cautionary tale of how narrow-minded policies can lead to division, inequality, and diminished global standing. As nations grapple with the consequences, the world must strive for cooperation and inclusivity to counter the challenges posed by such ideologies.