Dependence on US trade. Trump will be gone at some point but he has demonstrated that the executive now has the unilateral power to impose tariffs and to pull out of negotiated global agreements with no restrictions from the legislature. I don’t think other countries understood this was possible before. The EU just agreed to the largest trade deal in history with South America and people have credited the desire to diversify away from the US as the impetus for finally getting it done after 20 years of negotiating. China and Russia are moving closer and he seems determined to push India that way too despite their wariness about China.