President Harry Truman signed the Marshall Plan in 1948, which played a key role in the reconstruction of Europe after World War II. The U.S. has been a key player in establishing global institutions like the United Nations, NATO, World Bank, and IMF. Donald Trump is now scaling back U.S. involvement in the world, emphasizing 'America First' policies.
Key Points
Establishment of the Marshall Plan in 1948
Creation of global institutions post-World War II
Trump's 'America First' policies and their impact on U.S. foreign relations
Pros
The Marshall Plan helped rebuild Europe after World War II
Establishment of global institutions like the United Nations and NATO
Cons
Trump's 'America First' agenda is leading to a scaling back of U.S. global commitments
Potential weakening of alliances and international order