Richard Nixon came into office as President in January, 1969. By that time the war in Vietnam involved hundreds of thousands of American troops and over 30,000 American lives had already been lost in the war. The war had become increasingly unpopular with the American people. In November, 1969, President Nixon gave a speech which announced his Vietnamization policy, which emphasized that the United States must empower South Vietnamese forces to assume more combat duties.
By the time the US was shifting emphasis to this sort of policy, it was too late to stave off the victory of the North Vietnamese and Viet Cong forces. The US eventually withdrew its forces from Vietnam in 1973, and by 1975, Saigon (in South Vietnam) fell to the North Vietnamese communist forces.
In economic terms the slave trade had become less important. There was no longer a need for large numbers of slaves to be imported to the British colonies. There was a world over-supply of sugar and British merchants had difficulties re-exporting it.
