Looming US government shutdown adds to fears in Kyiv

U.S. House Speaker Mike Johnson (R-LA) leaves his office as the deadline to avoid partial government shutdown looms in the U.S. Capitol building in Washington, U.S., January 18, 2024.
U.S. House Speaker Mike Johnson (R-LA) leaves his office as the deadline to avoid partial government shutdown looms in the U.S. Capitol building in Washington, U.S., January 18, 2024.
REUTERS/Leah Millis

It’s shutdown season in Washington again (and again, and again). Congressional lawmakers have until Friday to avert a shutdown that would close 20% of the government. If the deadlock lasts until March 8th, the rest of the government would turn out the lights too.

With little promise of a deal in sight, President Joe Biden plans to meet with congressional lawmakers on Tuesday in the hopes of hammering out an agreement.

What’s driving the dysfunction? GOP House Speaker Mike Johnson is struggling to steer the ship: He has a paper thin majority which in principle means he needs to find bipartisan compromises, but the far right wing of his party are digging in on an array of policy demands – on issues ranging from immigration and abortion to climate change and foreign policy – that Democrats can’t or won’t agree to.

The ongoing deadlock has raised questions as to how long Johnson will last as Speaker. His predecessor was ousted in October after making a deal with Democrats that prevented a shutdown.

Congressional squabbling has also continued to delay further vital aid to Ukraine, which the MAGA wing of the GOP generally opposes. Ukrainian President Volodymyr Zelensky on Sunday bluntly warned that Ukraine needs more funding within a month or its position on the battlefield will only get weaker.

More from GZERO Media

President Donald Trump speaks as he signs executive orders and proclamations in the Oval Office at the White House on April 9, 2025.

REUTERS/Nathan Howard

With stock markets plunging and US Treasury yields reaching new heights, Donald Trump finally reneged on parts of his widescale tariff plan on Wednesday, declaring a 90-day pause to the far-reaching “reciprocal” levies that he introduced just one week ago while leaving a 10% across-the-board duty in place. He also escalated the already-burgeoning trade war with China by increasing the tariff on their imports to 125%.

EU and Chinese flags in an illustration.

REUTERS/Dado Ruvic/Illustration

European leaders have much to worry about concerning trade and economic growth, and they’re exploring their options with China at a time when Beijing has a strategic interest in helping to divide the US from Europe. Demonstrating to EU leaders that China can become a force for stability in global trade at a time when Donald Trumpis waging a trade war on allies and rivals alike would further that goal.

Democratic Republic of Congo's former President Joseph Kabila, attends a memorial service of Sam Nujoma, who became Namibia's first democratically elected president., February 28, 2025.
REUTERS/Siphiwe Sibeko

Former Democratic Republic of Congo President Joseph Kabila has announced his return to the country, vowing to halt the rapid advance of the Rwanda-backed M23 rebels who have seized significant territory in the country’s conflict-ridden east.

From left to right, Prime Minister of Bavaria Markus Soeder, Chairman of the CDU Friedrich Merz, Heads of the SPD Lars Klingbeil, and Saskia Esken arrive at a press conference after successful coalition negotiations in Berlin, Germany, on April 9, 2025.
Emmanuele Contini/NurPhoto via Reuters

Germany’s leading establishment parties reached a grand coalition deal on Wednesday, bringing Europe’s largest economy a step closer to having a formal government amid severe domestic and global challenges.

Jess Frampton

Globalization helped make the United States the most prosperous nation in history. But many Americans feel they haven’t benefited from free trade and voted for Donald Trump to “liberate” them from the system the United States built over the past 80 years. He is delivering.

Listen: For a special edition of the GZERO World Podcast, Ian Bremmer sits down with former Treasury Secretary Larry Summers to get his economic assessment of President Trump's unprecedented imposition of tariffs, which has sparked an escalating trade war.