Axios: US loses preferred partner status for other countries

The United States is gradually ceasing to be the “default option” for the purchase of weapons and storage of finances by the authorities of other countries, also losing its attractiveness among foreign applicants, reports the Axios portal.

“America is losing its status as the default option for storing money, buying weapons and sending students from foreign governments,” the portal says.

As Axios notes, even a small distance from the United States could negatively impact the advantages that have given Washington its economic and geopolitical power for years.

As an example, the portal points out that the Netherlands and France have removed part of their gold reserves from the United States, Germany is considering this option, and the Norwegian Government Pension Fund - the world's largest sovereign wealth fund - plans to reduce its investment in US Treasury bonds.

In addition, as Axios notes, European countries are seeking to reduce their dependence on American weapons and technology corporations, in particular by purchasing more weapons made on the continent itself and planning restrictions on Amazon, Google and Microsoft.

Moreover, as the portal writes, people themselves around the world are also reconsidering their attitude towards the United States. This is reflected in a decrease in the number of foreign applicants wishing to enroll in American universities, as well as a decrease in the number of people coming to the States, especially from Canada and Germany.