Since his inauguration on Monday, US president Donald Trump has reiterated many of the campaign promises that resulted in his success at the elections last November, as the leader of the Republican party, which won both the Congress and the Senate.
Mr Trump’s influence over the levers of governance in the US—alongside the size, scope and scale of the American economy—means that technocrats and policymakers throughout the world are paying very close attention to the words being uttered by the re-elected US leader.
There are two main areas of concern for us here in the Caribbean in general, and T&T in particular.
One of Mr Trump’s major campaign promises was a crackdown on illegal migration to the US. In his inaugural address on Monday, he vowed that “all illegal entry will be halted” and that US law enforcement would deport millions of “criminal aliens.”
T&T’s experience with the deportation of its nationals from the US has not been a salutary one for either the deportees or the local authorities.
While many of those deported in the past were held in the US for relatively minor offences, quite a few have been hardened criminals. The deportation of hardcore criminals from big cities in the US to a T&T they barely know, to which they have no family connections, or means of earning a livelihood, is a sure recipe for a continuation of the criminal scourge that has demoralised this country.
It behooves the administration in T&T to prepare for an influx of deportees, by liaising with the NGOs with experience in this area and devising the appropriate social interventions to address this issue pre-emptively.
The other major issue is Mr Trump’s energy policies. Given the length of time it takes to develop energy resources, his pledge to facilitate companies to “drill baby, drill,” is unlikely to result in an immediate flood of American oil and natural gas on world markets. When it happens, however, increased production of US oil may actually result in lower fuel prices in T&T.
Natural gas is a linked but different issue. It is the foundation of the T&T economy and helps facilitate the standard of living to which citizens of this country have become accustomed. This country has absolutely no influence over the production of natural gas anywhere except here.
The threat of a future sharp increase in American shale gas, or gas from the Gulf of Mexico (which is being changed to Gulf of America by another Trump decree), must push policymakers here to firm up new relationships with countries in this hemisphere that are seeking to make the transition away from oil to natural gas.
A more imminent threat to T&T is the hostility of key members of the new administration in Washington, DC, to the regime in Caracas.
As a collateral attack on the administration of Venezuela President Maduro, T&T officials should not rule out the possibility that the OFAC licences for the development of the Dragon and Cocuina natural gas fields could be cancelled. Getting those exemptions from the Joe Biden administration was a significant feat of diplomacy by Prime Minister Dr Keith Rowley and Energy Minister Stuart Young.
Convincing the Trump administration that it is in its interest to extend those OFAC licences to facilitate regional energy security, is the urgent necessity of 2025. To achieve this, the Government here must reach out immediately to people in the Trump orbit to address this issue.