A N A LY S I S GLOBAL AND REGIONAL ORDER TRUMP 2.0 AND THE UNITED NATIONS Implications for multilateral funding and leadership Max-Otto Baumann(IDOS), Sebastian Haug(IDOS) and Marianne Beisheim(SWP) January 2025 • The United States have long been the most important con­tributor to overall UN budgets and thus hold considerable financial power across the UN system. • The second Trump administra­tion is likely to cut funding and excessively prioritize earmarked contributions over the provision of core resources, which is set to exacerbate the growing mis­alignment of funding modalities and expected UN functions. • Member states should embed short-term measures focused on mitigating the liquidity crisis in the UN Secretariat and funding shortfalls elsewhere in the UN system in longer-term strategic thinking about the refinement of UN roles and funding structures. Deutsche Gesellschaft für die Vereinten Nationen e.V. www.dgvn.de