SHANGHAI, January 22. /TASS/. The conflict in Ukraine has altered the security landscape in Europe, where developments have begun that could lead to the dissolution of the euro, which would benefit the United States in strengthening the dominance of the dollar, Gou Liwu, an expert from the Center for Russian Studies at East China Normal University, told TASS.
"An increasing number of EU countries have started to boost military spending, enhance national defense, and shift the strategic balance between the EU and Russia. Moreover, the widespread surge of populism in Europe is likely to result in the elimination of the euro and a redirection of EU integration. This will certainly provide an additional advantage for the United States in consolidating the hegemony of the dollar," Gou Liwu stated.
Discussing the prospects for resolving the Ukraine conflict, the expert suggested there is a high likelihood that Donald Trump's return to power in the United States could lead to a resolution of the conflict, but not within the short timeframe he promised during his election campaign.
"As we observed during Trump's first presidential term, Trump aimed to reshape the dominant position of the United States globally. The primary focus of his second term will be to fulfill the objectives of the first term, and of course, this will not completely negate the outcomes of the Biden administration," he said, adding that the US benefit from the conflict in Ukraine is to undermine the foundations of Russian Eurasianism and to disrupt Russian-Ukrainian relations by sacrificing Ukraine.
Republican Donald Trump assumed office as head of the American administration for the second time on January 20. Trump previously served as the American leader from 2017-2021. He became the second person in US history to return to the highest state office after a break. Previously, only Grover Cleveland (the 22nd president from 1885-1889 and the 24th from 1893-1897) achieved this. Trump became the 45th and 47th president of the United States.