The U.S. presidential elections have a significant impact on the entire world, due to the economic, diplomatic, military, and cultural influence of the United States. Here are the main areas where the effects are most noticeable:
Foreign policy and alliances: The U.S. president has a direct influence on international relations and strategic alliances. A change in leadership can lead to a reassessment of partnerships, such as those with OTAN, European countries, or bilateral relations with nations like China and Russia. For example, an administration more inclined toward multilateralism could strengthen international cooperation, while a more isolationist approach may weaken certain alliances.
Global economy: U.S. economic decisions impact financial markets, exchange rates, and global trade policies. For instance, a protectionist policy could impose tariffs, affecting global trade flows, while a policy favoring free trade would facilitate international investment and commerce. U.S. monetary decisions, especially the interest rates set by the Federal Reserve, also influence global economies.
Environment and climate: The United States plays a central role in combating climate change. An administration committed to climate agreements, such as the Paris Agreement, encourages other countries to follow suit and strengthen their own environmental commitments. Conversely, a less engaged administration can slow global progress in this area.
Security and defense: As a major military power, U.S. decisions on national defense and security influence global security strategies. Decisions made by the U.S. president regarding military interventions, international crisis management, or defense budgets affect the balance of power and influence other nations’ defense policies.
Technology and regulation: U.S. decisions on technology regulation, data protection, and artificial intelligence have worldwide effects. For example, a policy aimed at strengthening data protection could have repercussions for tech companies globally, particularly in Europe and Asia.
In sum, U.S. policy affects many aspects of the international landscape, and the presidential election therefore has an impact far beyond American borders.
the French real estate market, though primarily influenced by internal factors (such as the European Central Bank's monetary policy, taxation, and local supply and demand), can also be indirectly influenced by American political strategy, especially through its impact on financial markets, interest rates, and the global economy. Here’s how:
Global interest rates: The monetary policy of the U.S. Federal Reserve (Fed) influences global interest rates. If the Fed raises its rates, this can prompt other central banks, like the ECB, to adjust their own rates. A rate hike in Europe would have a direct impact on borrowing rates for real estate loans in France, making credit more costly for individuals and businesses. This could dampen demand and cool the real estate market.
Investor confidence: U.S. policy often shapes the global investor confidence climate. Strong geopolitical decisions (such as conflicts or economic sanctions) or uncertain economic policies can create market volatility. In times of economic uncertainty, international investors tend to turn to assets considered safer, such as real estate in stable countries like France, which could support or even increase demand.
U.S. economic policy and European growth: If American political strategy promotes growth (for example, through stimulus plans or trade agreements), this could also stimulate growth in Europe. Favorable economic growth often leads to an increase in demand for real estate. Conversely, if the U.S. takes actions that slow the global economy (for instance, through trade sanctions), this can weaken the European economy, thereby reducing the purchasing power of households and businesses in France.
Currency fluctuations: U.S. political decisions can also affect the euro-dollar exchange rate. A strong dollar could make investments in France more attractive for American and other international investors, while a weak dollar could make these investments less appealing. If the dollar strengthens, it can attract more foreign buyers (including Americans) to the French real estate market, particularly in popular cities like Paris, which could drive up prices.
France’s attractiveness as a safe haven: During times of political or economic instability in the U.S., some investors seek alternatives in more stable markets. In this context, French real estate is often seen as a safe haven due to the country’s relative political and economic stability. American policies that reinforce a climate of uncertainty could thus attract more investors to the French real estate market.
In sum, while the influence of American policy on the French real estate market is indirect, it is very real. Economic and monetary decisions made in the United States can create global ripple effects that reach France, notably through borrowing costs, investment behavior, and currency fluctuations.