The geopolitical flash-points around the global are going to heat up in March of 2019 and President Donald Trump will have his work cut out for him as he must not deal with issues in China with trade talks, Venezuela with the military and North Korea with Kim in Vietnam. This month and next will be Trumps`s most challenging period in his foreign policy, the one that he takes great pride in when disrupting.
The trade team that he put together that includes US Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin will visit China next week. Here at Classiarius, we think the trade talks will be challenging and market moving. More on this in the coming days. The more pressing short-term issue is Venezuela, a country in which a trigger-happy military is now confused on what side to take. It appears that the US government is encouraging the military to back the oposition leader who is backed by everyone but China and Russia.
There will be a conference from February 13 to 14, in which Vice President Mike Pence and Secretary of State Mike Pompeo will host. This is a conference on peace and security in the Middle East. The President has a peace plan for Israel and the Palestinians, but there are some who are skeptical about the outcome.
Right now the US is pulling out some parts of the Middle East, working to bring a peaceful revolution in Venezuela, as it just, on February 2, triggered a six-month withdrawal period from the INF Treaty on short and medium-range land-based ballistic and cruise missiles in Europe. There will be a ministerial meeting this week for the next steps in Europe. The Trump mark will be left of foreign policy for years to come and most will be decided in February and March of 2019.