Shifts in Foreign Relations Prompt Review of U.S. Influence
Axios · September 12, 2026Original source ↗

What happened
Several European nations, including the Netherlands and France, have moved gold reserves out of the U.S. and are exploring ways to decrease reliance on American government bonds and military supplies. Additionally, international applications to U.S. colleges and travel from foreign countries to the U.S. have declined.
Why it matters
These changes may impact the economic and geopolitical power of the U.S. and its relationships with allies.
How this story affects people
How does this story affect you if you are a U.S. college applicant from abroad?
You may find it harder to gain admission as international applications to U.S. colleges have declined. This shift could limit your opportunities for education in the U.S. and affect the diversity of student bodies.
How does this story affect you if you are involved in U.S.-European trade?
Changes in European nations moving their gold reserves and seeking local sources for weapons could lead to decreased demand for U.S. products. This shift may impact jobs and economic stability in industries reliant on exports to Europe.
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