The U.S. administration previously said the days of interventionism were over, but the latest release of the US National Security Strategy paints a different picture.
In this video, we break down the report and discuss how ‘America First’ now reshapes trade, tech, borders, energy, the military, U.S. alliances, and even adversarial relationships.
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So, remember when people said that the new US administration would be non-interventionist?
Well, the recent US National Security Strategy report paints a very different picture.
The US is changing its role on the international stage through its approach to trade, tech,
energy, borders and much else besides, while reshaping long-standing alliances and adversarial
relationships, too. So today, we're going for a deep dive into the US National Security Strategy
to explain exactly what it is and how it will influence the world while considering how it's
being received across the globe. My name is Guy and you're watching Coin Bureau Finance.
First up, I must make one thing clear. I am not a financial advisor and nothing in this video
should be considered financial advice. This is just our read on the key takeaways of America's
new controversial approach to national security. If you enjoy learning about topics like this,
then smash that like button and let's get into it. Okay, for starters, let's consider what we're
actually looking at here. The National Security Strategy, or NSS, is a report wherein the White
House outlines what the US national interests are, what threats they face and the broad approach it
intends to take in response. The NSS is a large document, so we're only looking at the most
important elements of it today, but you can find a link to the complete report down in the
description. Now, although the NSS has been published roughly annually since 1987, this year's
issue is unusually explicit in outlining how the US will change its approach on the international
stage. It opens by defining strategy as a concrete plan that links ends and means, then complains
that post-Cold War strategies drifted into, quote, vague platitudes. The report then goes on to argue
that US foreign policy elites convinced themselves that permanent American domination was the goal,
misread what the public would tolerate and overreacted. It explicitly blames globalism
and free trade for hollowing out the middle class and industrial base, and it says allies were
allowed to offload defence costs onto the American taxpayer. That's some pretty sharp criticism of
predecessors, but it's not out of character for this administration to avoid mincing words. And
that's the general outlook of the report. The old system wasn't just flawed, it was self-sabotage.
Now, the worldview reset is clearest in the principles section. The strategy says Trump's
foreign policy is motivated by what works for America, America first, and it tries to pitch
itself as practical rather than ideological. It also draws a hard line against the idea that
Washington can treat every cause and every crisis as the national interest, stating that, quote,
The report looks at peace through strength and a predisposition to non-interventionism.
But there is a caveat. It admits rigid non-intervention isn't possible,
yet says the bar for intervening should be high. There's a focus on treating the nation-state as
the natural unit of politics, and the report is highly critical of transnational institutions
it deems to be intrusive. And there's a heavy emphasis on sovereignty, resisting outside
interference and censorship pressure. In that vein, one notable overarching theme is that the
document's definition of national security is deeply domestic. It says the U.S. wants full
control of borders and immigration, resilient infrastructure, and the world's most lethal
military, alongside modern missile defence, including a golden dome. The White House is
also treating industrial strength as power, stressing that industrial capacity must become
the highest priority of national economic policy. Spiritual and cultural health also
shows up as a pillar of long-term security. So the strategy isn't just about where troops go,
it's also about what kind of country the U.S. thinks it needs to be in order to compete.
But while there was much focus on America first, the document also stepped on some toes.
On rights and liberties, it says the U.S. will, quote,
oppose elite-driven anti-democratic restrictions on core liberties in Europe, the Anglosphere,
and the rest of the democratic world, especially among our allies. Unsurprisingly, the first wave
of coverage in worldwide media fixated on exactly that kind of language, but much more on that a bit
later. So, as a document, this year's national security report is certainly not trying to be
everyone's friend. It's trying to bulldoze hard decisions across diplomacy, defence,
trade, and domestic policy all at once. Whether you see that as overdue clarity or a diplomatic
hand grenade kind of depends entirely on where you're standing when it goes off.
Now, when you think of the U.S. and its national interests, you might first think
of its formidable military. But, along with tanks and other weapons, the NSS places just
as much emphasis on the nation's economic health as a crucial element of national security.
But how so, exactly? Well, it quite literally spells it out, reading, quote,
economic security is fundamental to national security, and then starts laying down an
America First list for how to rebuild leverage through trade, industry, energy, and finance.
First up is trade. The document says the U.S. is going to rebalance trade relationships,
reduce deficits, oppose barriers to U.S. exports, and end dumping and other anti-competitive
practices. It's seeking, quote, fair reciprocal trade deals, but with an emphasis on workers,
industries, and national security. Then there's the supply chain obsession, which, to be fair,
is something all nations are now focused on. The strategy argues the U.S. must never be dependent
on outside powers for core components, quote, necessary to the nation's defence or economy,
and it leans hard into critical minerals and materials as a strategic priority.
And, as you might expect, tariffs are presented as one of the key tools in achieving all of this.
The White House wants to re-industrialise the United States,
reshoring industrial production and attracting investment. It aims to do this through the
strategic use of tariffs and new technologies that push industrial production across the country.
But it's not just about trade and manufacturing. Industrial policy also includes a defence angle.
The document calls for a national mobilisation to produce modern systems and munitions at scale
and fast. Notably, though, the White House says it will encourage allies and partners to revitalise
their industrial bases as part of collective defence. Energy was also in focus. The document
calls energy dominance a top strategic priority, explicitly naming oil, gas, coal, and nuclear.
The idea here being that cheap, abundant energy will lower costs, create jobs, fuel re-industrialisation
and help the U.S. maintain its edge. It also frames energy exports as leverage, deepening
relationships with allies, curtailing adversaries' influence and, if needed, enabling power projection.
Unsurprisingly, one of the major media takeaways has been how aggressively this elevates fossil
fuels and dismisses decarbonisation. And finally, we have finance. The strategy says the U.S.
financial and capital markets are pillars of American influence that give policymakers leverage
and tools to advance national security priorities. But it does also warn that dominance can't be
taken for granted and mentions digital finance and innovation as part of keeping U.S. markets ahead.
So then, how does this economic and national security blend read overall? Well, there's a
clear America-first focus, no surprise there. It says the U.S. is willing to offer more favourable
commercial treatment and defence procurement to countries that take more responsibility for their
region and align export controls with Washington. It also officially reframes competition, most
notably with China, through economics and supply chains more than ideology. China's premier has
urged partners to reject tariffs as a record trade surplus drives tensions, the kind of dynamic this
U.S. strategy seems to be designed for. But tariff-heavy policymaking continues to be debated
in the U.S., especially as the administration is simultaneously selling tariffs as strategy
and managing the economic pain they can generate. And by the way, if you want to generate even more
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These include numerous bonuses, discounts and promotions, so check them out. Okay, back to the
To get what's happening here, you have to understand the Monroe Doctrine. Back in 1823,
a piece of U.S. policy which became known as the Monroe Doctrine basically said that the
European powers were told to stay away and, over time, that turned into a justification
for U.S. dominance and intervention across Central and Latin America. Trump's national
security strategy explicitly tries to bring that logic back in a modern form, calling it
the Trump Corollary to the Monroe Doctrine. But what does that actually mean? Well, it means the
U.S. will reassert and enforce that same spirit, restoring American preeminence in the Western
Hemisphere. What's more, it will stop non-hemispheric competitors from stationing forces
or owning strategically vital assets. That translates to a signal that China,
Russia and other rivals should stay out of Latin America's strategic real estate,
things like ports, canals, energy and other key infrastructure. So, this is America first,
but that also kind of applies to the entire Western Hemisphere. The U.S. states that it
will lean on partners in the Americas to control migration and stop drug flows. At the same time,
it will elevate so-called regional champions to help neutralize drug cartels, near-shore
manufacturing and build local private economies. But there's also a hard edge here, as the White
House aims to beef up Coast Guard and Navy presence, as well as targeted deployments to
secure the border. And, considering what has happened with U.S. conducted boat strikes off
the shores of Venezuela recently, it's safe to say the White House is not messing around here.
And it's also safe to say that this policy is being met with some harsh criticism,
given the backlash against those boat strikes. But Trump is used to criticism and,
as part of the Trump corollary, there's also an emphasis on combating outside influence.
That involves discouraging partners from collaborating with others that aren't
towing the U.S. line and making aid and alliance terms contingent on, quote,
winding down adversarial outside influence. And, if all that wasn't enough, the policy
pulls the private sector right into the mission as well. Embassies are expected to track major
contracts and officials are told that helping American companies compete is part of the job.
Where the U.S. has leverage, it even pushes sole-source contracting for U.S. firms,
plus an effort to push out foreign infrastructure builders. Now, with all of this,
it's important to read between the lines. One thing many pundits have interpreted here is an
aim to counter China's inroads in Latin America, without explicitly mentioning China. The coverage
elsewhere is largely as you might expect. Spain's El País considers the Trump corollary as a hard
pivot back to, quote, backyard thinking, with the same blend of military presence and contracting
muscle. And, back in the U.S., lawmakers are already pressing for clearer answers on how far
these operations, and this doctrine overall, might expand. But, however you view the policy,
if you're a Latin American country with a big port and an even bigger debt bill, well, you can
probably hear Washington's boots getting laced up. Now, in contrast to U.S. policy toward Latin
America, which has become more aggressive, policy towards Asia, specifically China,
has softened under this national security strategy. But how so exactly? Well, the tone
is pretty clear, stating that the U.S. wants to, quote, win the economic future, prevent
military confrontation. It says the U.S. spent decades assuming trade and investment would pull
China into the rules-based order. But instead, China, quote, got rich and powerful and leveraged
that strength. But beyond those concerns, China is treated less like an ideological super enemy
and more like an almost peer that the U.S. intends to bargain with, albeit after rewriting the terms.
The strategy says it will rebalance the relationship and that trade with China should
be balanced and focused on non-sensitive factors. It even goes as far as to pitch a, quote, genuinely
mutually advantageous economic relationship with Beijing. But why this shift in tone?
Well, the U.S. strategy calls the Indo-Pacific a core priority, already roughly half the world's
GDP in terms of purchasing power parity. It argues that Beijing adapted after the 2017 tariff shift
by tightening supply chains and pivoting exports, claiming exports to low-income countries doubled
between 2020 and 2024. The White House also ties economics to deterrence, saying disciplined
economic action and strong military deterrence should reinforce each other to prevent war in
the Indo-Pacific. But what does disciplined actually mean in practice? Well, the report
lists the stuff Washington wants to end, including, but not limited to, predatory subsidies, unfair
practices, IP theft and industrial espionage, and even fentanyl precursor exports. It also says the
U.S. should combine forces with treaty allies and partners, claiming they add another $35 trillion
in economic power. This way, the U.S. claims, allied economies wouldn't become subordinates
to a competing power. Notably, the U.S. wants allies to help rebalance China's economy towards
consumption because, it argues, Southeast Asia, Latin America and the Middle East can't absorb
China's excess capacity on their own. Otherwise, the big question with respect to Asia is Taiwan.
Consistent with the softer tone, the focus is to deter conflict and keep the long-standing
line that the U.S. doesn't support any unilateral change to the Taiwan Strait status quo. And what
about the regional reaction to all of this? Well, China vowed to defend its sovereignty claims over
Taiwan, while Taiwan's leaders publicly welcomed the deterrence emphasis. Beyond the sensitive issue
of Taiwan, China said it is ready to work with the U.S. and that win-win cooperation is the only
viable path forward. In other words, pretty standard diplomatic rhetoric. Elsewhere, Japan's
foreign minister said Tokyo would build up military capabilities to deny aggression anywhere in the
first island chain in response to U.S. calls for allies to increase military spending. So, an
overarching soft tone towards China was clear, but the U.S. still ensures it can mobilize in the region
alongside its strategic allies should things go sour. Now, most of what we've covered up until
this point did not come as any major surprise when the NSS was released. However, when it came to
America's relations with Europe, diplomacy-speak was put aside and controversy ensued. In a section
titled Promoting European Greatness, the document doesn't just complain about Europe spending too
little on defence. It outlines that Europe's share of global GDP has fallen sharply and then pivots
into a much darker claim that Europe is facing quote, civilizational erasure. Now, the White House
claims that this is driven by the EU and transnational bodies undermining sovereignty,
by migration, censorship and political suppression, collapsing birth rates and a loss of national
identity and confidence. When it comes to Europe, this administration is not mincing words and the
U.S. warns that if trends continue, Europe will be unrecognizable within 20 years and even
questions whether some European countries will have economies and militaries strong enough to
remain quote, reliable allies. And it doesn't stop at that diagnosis. The report also says the U.S.
goal should be helping Europe to quote, correct its current trajectory and nods approvingly at what
it calls quote, patriotic European parties gaining influence. And then came what was arguably the most
controversial part of the NSS. In a bullet point list of priorities, it explicitly calls for quote,
cultivating resistance to Europe's current trajectory within European nations. Now, whatever
you think of that, it reads much less like alliance support and much more like Washington getting
ideas about who should be in charge over there. Needless to say, European officials noticed.
European Council President Antonio Costa publicly warned the U.S. against political
interference in Europe, asserting that Europeans pick European governments. America's cold tone
stretched to NATO as well. The strategy says the U.S. wants to end quote, the perception and
prevent the reality of NATO as a perpetually expanding alliance. Music to Moscow's ears.
And when it comes to Russia and Ukraine, the document leans hard into strategic stability.
It argues European allies have a major conventional advantage over Russia and calls it a core U.S.
interest to negotiate an end to the war in Ukraine. Notably, this is framed as a way to
Europe's pushback on all of this was swift. Germany's Chancellor Friedrich Merz called parts
of the rhetoric unacceptable, while also saying Europe needs to become less dependent on the
United States. Meanwhile, Alice Ruffo, the French director general of international relations and
strategy, called the NSS a clarification of America's ideological posture and used it to argue
that Europe should accelerate rearmament. UK Prime Minister Keir Starmer pushed back against
the portrayal of a weak Europe by insisting Europe is strong and united behind Ukraine.
Meanwhile, the Kremlin was relatively happy, saying the strategy largely matches Russia's
own worldview. And Putin obviously welcomed America's outlook on NATO. For some balance,
the document does still say Europe remains, quote, strategically and culturally vital and
warns that writing Europe off would be self-defeating. Nonetheless, bad blood persists
between the U.S. and the EU. A day after the NSS was released, the EU hit social media platform X
with a 120 million euro fine under the new Digital Services Act, the first noncompliance ruling
against a major platform. Trump-aligned officials in Washington blasted it as an attack on American
tech and free speech. European officials insisted the case was purely about transparency rules
and that it was years in the making. But the very public clash between Elon Musk, the EU,
and senior U.S. figures only added another layer of strain to already sour U.S.-EU relations.
But let's return to the NSS itself. To sum things up, the U.S. strategy looks to make
America first into doctrine. It treats Europe less as a default ally and more as a region on
the wrong track, promising to push back against EU policies. At the same time, it softens the
tone on China, from pure adversary to hard rival that the U.S. still expects to trade with.
Similarly, with Russia, it emphasises restoring strategic stability. Now, to what degree this
is all political rhetoric remains up for debate. But one thing is for sure. For better or for worse,
Trump is taking the U.S. in a new direction. Where all of us end up as a result is another
question entirely. Well, those were the main takeaways from the U.S. National Security
Strategy report. But what do you make of it? Is the U.S. actually softening up on China?
Will U.S.-EU relations continue to deteriorate? Let us know your thoughts in the comments down
below. And if you want to learn more about how the EU is in trouble regardless of this NSS report,
you can check out our video on that right over here. That's all from me for now though. As
always, thank you for watching and I'll see you next time. This is Guy signing off.