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mr6666

Trump & International politics

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Donald Trump was right: Trade wars are “easy to win”!

For the Chinese, anyway -

In the chronicles of Trumpian bluster and gaslighting, his thoroughly pointless trade war holds a special place...

“China is winning Trump’s trade war,” ran the mocking headline atop Heather Long’s Sunday story in The Washington Post, which observed that Trump and his top economic adviser, Larry Kudlow, had gotten no specific promises from the Chinese on reducing the trade deficit, prosecuting intellectual property theft (meaning the theft of patents and business secrets), limits on Chinese investment in the U.S. or much of anything else. If anything, the administration retreated on all fronts: Kudlow told reporters on Friday that Chinese negotiators had agreed to reduce the deficit by “at least” $200 billion, but the Chinese immediately denied it and the official statement released by the White House the next day mentioned no such number. ....

https://www.salon.com/2018/05/22/donald-trump-was-right-trade-wars-are-easy-to-win-for-the-chinese-anyway/

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Making Mexico great again — by bashing Donald Trump: Presidential candidates agree-

One issue can bring together all 4 of Mexico’s presidential candidates: They’re fed up with Donald Trump

"Trump is going to have to learn to respect us. That I can guarantee you," proclaimed Andrés Manuel López Obrador, the left wing candidate who is considered the frontrunner in the race. His sentiments appeared to be shared by the other three candidates on the stage, all of whom used tough talk toward America's president as a way of distancing themselves from an administration they claim has humiliated their nation.

"I want a relationship of friendship, but not of subordination," López Obrador......

"Public opinion in Mexico regarding both Trump and relations with the United States has plummeted since President Trump came into office," Gerwin said. "There's a great deal of frustration, broadly, throughout the Mexican political sphere about relations with the United States." Gerwin added that the Mexican public has grown increasingly unhappy with the NAFTA treaty, and perceives "a real lack of respect being shown toward Mexico by the United States and the Trump administration."

He added, "We had a good and effective partnership with Mexico prior to the election........

https://www.salon.com/2018/05/22/making-mexico-great-again-by-bashing-donald-trump-presidential-candidates-are-united/

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https://outline.com/EqygTf

Trump Says the U.S.-China Trade Deal Could Be ‘Too Hard to Get Done’

President Donald Trump said a trade agreement with China may be “too hard to get done” and that the world’s two largest economies may need to change their framework for a deal.

"Our Trade Deal with China is moving along nicely, but in the end we will probably have to use a different structure in that this will be too hard to get done and to verify results after completion," Trump said on Twitter on Wednesday.

Treasury Secretary Steven Mnuchin said on Sunday the administration agreed to put proposed tariffs on hold while it builds on a “framework” for negotiations with China on trade issues, following two days of high level negotiations in Washington. The nations didn’t provide any details of the deal and put no dollar target for reducing the trade imbalance.

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Congress sounds bipartisan alarm as Trump deals on ZTE

Members of both parties say the Chinese telecom giant poses a national security threat.
 
... "If the administration goes through with this reported deal, President Trump would be helping make China great again. Simply a fine and changing board members would not protect America's economic or national security, and would be a huge victory for President Xi, and a dramatic retreat by President Trump," Senate Minority Leader Chuck Schumer said in a statement.
 
And Sen. Marco Rubio, R-Fla., a member of the Intelligence Committee, said this "crushes U.S. companies."
 
,,,, "ZTE violated the law. They lied and they covered it up. They did it again. We should take strong enforcement actions,” he said. "I think Congress is going to do what they need to do. This is a national security issue."
 
 
 

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On 5/22/2018 at 7:25 PM, mr6666 said:

Making Mexico great again — by bashing Donald Trump: Presidential candidates agree-

One issue can bring together all 4 of Mexico’s presidential candidates: They’re fed up with Donald Trump

"Trump is going to have to learn to respect us. That I can guarantee you," proclaimed Andrés Manuel López Obrador, the left wing candidate who is considered the frontrunner in the race. His sentiments appeared to be shared by the other three candidates on the stage, all of whom used tough talk toward America's president as a way of distancing themselves from an administration they claim has humiliated their nation.

"I want a relationship of friendship, but not of subordination," López Obrador......

"Public opinion in Mexico regarding both Trump and relations with the United States has plummeted since President Trump came into office," Gerwin said. "There's a great deal of frustration, broadly, throughout the Mexican political sphere about relations with the United States." Gerwin added that the Mexican public has grown increasingly unhappy with the NAFTA treaty, and perceives "a real lack of respect being shown toward Mexico by the United States and the Trump administration."

He added, "We had a good and effective partnership with Mexico prior to the election........

https://www.salon.com/2018/05/22/making-mexico-great-again-by-bashing-donald-trump-presidential-candidates-are-united/

 

Maybe you should respect our sovereignty

Control your side of the border...PROBLEM SOLVED!

 

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CNN InternationalVerified account @cnni

 

The European Union will respond to new US tariffs on steel and aluminum with punitive measures targeting American products worth billions of dollars

--------------------------------------------

Senator Dick DurbinVerified account @SenatorDurbin 4h4 hours ago

 
 

Senator Dick Durbin Retweeted CNN International

President Trump’s trade war will not end well. Such recklessness alienates our allies and puts American farmers, businesses, and consumers on the hook to lose big.

-------------------------------------------------------

Kyle GriffinVerified account @kylegriffin1 7h7 hours ago

 
 

Ben Sasse: "This is dumb. Europe, Canada, and Mexico are not China, and you don’t treat allies the same way you treat opponents.

... blanket protectionism is a big part of why America had a Great Depression.

‘Make America Great Again’ shouldn’t mean ‘Make America 1929 Again.'"

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Facts Do Matter @WilDonnelly 8h8 hours ago

 
 

Mexico answers US tariffs with its own on US pork bellies, grapes, apples and flat steel.

The EU is expected to retaliate with tariffs on US jeans, motorcycles and bourbon.

If you're a Trumper who works in one of these industries

- congratulations - you may have won a pink slip!

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http://www.bbc.com/news/world-us-canada-44320221

US tariffs: Steel and aluminium levies slapped on key allies

The US is to impose tariffs on steel and aluminium imports from key allies in Europe and North America.

The US said a 25% tax on steel and 10% tax on aluminium from the EU, Mexico and Canada will start at midnight.

The move immediately triggered vows of retaliation from Mexico, Canada and the EU, which called the tariffs "protectionism, pure and simple".

The UK said it was "deeply disappointed" by the US decision, which followed weeks of negotiations.

The tariffs will hit products such as plated steel, slabs, coil, rolls of aluminium, and tubes, raw materials which are used extensively across US manufacturing, construction, and the oil industry.

EU trade commissioner Cecilia Malmstrom said it was a "bad day for world trade", while European Commission president Jean-Claude Juncker said the move was "totally unacceptable".

The EU has "no choice" but to bring a case before the World Trade Organization and impose duties on US imports, he added.

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http://www.bbc.com/news/business-44324565

US tariffs a dangerous game, says EU

The US is playing a "dangerous game" by slapping tariffs on European steel and aluminium, the European Union's trade commissioner has said.

Cecilia Malmstrom warned the move by US President Donald Trump would have consequences for the economic recovery of the EU, as well as US consumers.

The EU has issued a 10-page list of tariffs on US goods ranging from Harley-Davidson motorcycles to bourbon.

Canada and Mexico are also planning retaliatory moves against the tariffs.

Ms Malmstrom said the EU would challenge the move at the World Trade Organization (WTO) but that tariffs on US imports were necessary as "we cannot just take these tariffs and stay silent".

The commissioner said that despite the EU's "rebalancing" action, the two sides were not in a trade war.

"What we are in is a very difficult situation," Ms Malmstrom said. This situation could only be defused by the US withdrawing its measures against the EU, she added.

-

Canada, Mexico and the EU together exported $23bn (£17bn) worth of steel and aluminium to the US in 2017 - nearly half of the $48bn of total steel and aluminium imports last year.

European firms have said they fear lower US demand for foreign steel will divert shipments to Europe.

Analysts at IHS Markit expect the effects to be distributed across a wide range of markets, limiting the effect on steel prices outside the US.

That leaves America to bear the brunt of the economic impact, which economists say will appear in the form of higher prices and job losses - as many as 470,000 by one estimate.

Steel prices in the US have already risen due to the uncertainty and may increase as the tariffs hit imports.

Consumers outside the US could see prices of some goods fall, while those in America may end up paying more.

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Trudeau: Trump's tariffs are 'insulting and unacceptable'

"Our soldiers who had fought and died together on the beaches of World War II...and the mountains of Afghanistan, and have stood shoulder to shoulder in some of the most difficult places in the world, that are always there for each other, somehow — this is insulting to them," Trudeau said in an exclusive interview with "Meet the Press" moderator Chuck Todd.

https://www.nbcnews.com/politics/donald-trump/trudeau-trump-s-tariffs-are-insulting-unacceptable-n879366

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:o

Bombshell interview to Breitbart by Ric Grenell, US Ambassador to Germany. He says he will personally intervene in internal politics of Europe to empower anti-establishment conservatives. Directly contradicts State Dept line that Trump admin is neutral

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https://www.bloomberg.com/news/articles/2018-06-03/u-s-allies-push-trump-for-change-of-heart-as-trade-war-looms

Trump and Allies Set for Showdown Over Trade

President Donald Trump is headed for a showdown with America’s allies at a Group of Seven summit this week, with the European Union and Canadathreatening retaliatory measures unless he reverses course on new steel and aluminum levies.

 
Trump changes his mind often enough that U.S. allies and rivals alike hope he’ll do just that on the duties. An all-out trade war may become unavoidable if he doesn’t.
 
“We still have a few days to avoid an escalation. We still have a few days to take the necessary steps to avoid a trade war between the EU and the U.S.,” French Finance Minister Bruno Le Maire said after a meeting of G-7 finance ministers and central bank governors in Whistler, British Columbia.

 

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Germans Appalled by Threat From Trump’s Ambassador to Help Far-Right Nationalists Take Power Across Europe

"The German government demanded a formal explanation from the United States on Monday of what, exactly, the new U.S. Ambassador in Berlin, Richard Grenell, meant when he promised to use his office to help far-right nationalists inspired by Donald Trump take power across Europe. .....

Grenell was apparently not asked if that group includes the far-right Alternative for Germany — known by its German initials AfD — the largest opposition party in the German parliament, but he did praise Austrian Chancellor Sebastian Kurz, a center-right politician who is in coalition with the Freedom Party, which was formed in the 1950s by a former Nazi officer. ....

What was perhaps most stunning about Grenell’s stated aim to intervene in European politics on behalf of far-right leaders is how closely it mirrored, and inverted, the behavior of American diplomats in Eastern Europe during the Cold War, when those states were part of the Soviet Bloc. Before the fall of the Berlin Wall, U.S. ambassadors did make a point of supporting antigovernment dissidents, but in those cases the stated aim was to promote democracy in authoritarian states. .........

https://theintercept.com/2018/06/04/trumps-ambassador-berlin-promises-help-far-right-nationalists-take-power/

<_<

 

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https://www.bloomberg.com/news/articles/2018-06-05/mexico-strikes-back-levying-tariffs-on-u-s-pork-steel-whiskey

Mexico Strikes Back, Levying Tariffs on U.S. Pork, Steel, Whiskey

Mexico will begin to tax a range of U.S. products in retaliation for tariffs on Mexican steel and aluminum that President Donald Trump announced last week.

The country will slap tariffs of 25 percent on certain cheese products, steel and Tennessee whiskey while imposing taxes of 20 percent on pork, apples and potatoes, according to a resolution published in the Official Gazette early Tuesday.
 
While other World Trade Organization members are also considering retaliating by targeting iconic American products -- such as bourbon whiskey and Harley-Davidson motorcycles -- the escalating tensions between Mexico and the U.S. may further complicate the renegotiation of the Nafta trade accord.
 
 
 

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From Canada's Globe and Mail ...

MNUCHIN REPORTEDLY VOUCHING FOR CANADA 

After being singled out in Whistler, U.S. Treasury Secretary Steven Mnuchin reportedly made the case to his boss for a Canadian reprieve. According to ABC News, Mnuchin "urged" U.S. President Donald Trump to re-exempt Canada from punishing steel and aluminum tariffs that took effect last week and triggered a trade war with America's closest allies in the process. Who knows if Trump will heed Mnuchin's advice, but one unnamed administration official told ABC the president is "still deciding what to do about Canada." We’ll monitor Trump’s Twitter account for developments and track what key Canadian cabinet members have to say today.

Though I saw it reported that a phone call today between Trump and Trudeau went badly with Trump taking a 'jab' at the Canadian Prime Minister.  Ole Bonespurs Yellowstains ought to be warned that Trudeau is a firecracker in the boxing ring.

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New Zizek opinion article on Trump's trade war and his belligerent take on international politics.

https://www.rt.com/op-ed/428812-donald-trump-sides-europe/

Slavoj Zizek: The secret of how to defeat Trump lies in Europe

There may well be two sides to Donald Trump. The “peaceful” and the “belligerent,” depending on his moods. And we might just have seen both of them in quick succession.

Just after announcing the meeting with Kim Jong-un, Trump decided to withdraw from the Iran agreement, thereby bringing instability and the threat of war (not only) to the Middle East.

But, of course, there is only one Trump, who was doing exactly the same thing in both cases. In the case of North Korea, he began with exerting extreme pressure, including economic sanctions and military threats, and he is doing the same to Iran, in the hope that, if it worked the first time, it will work now also.

Will it though? What if the US government is well aware that the pressure on Iran will not work? What if, together with Israel and Saudi Arabia, they are preparing for war with Iran?

It is difficult to speculate about the consequences of such a military conflict. We should rather focus on the limitation of Trump’s entire approach: Will Trump get his comeuppance? Because Neither Russia nor China can do this – they are caught in the same game as Trump and they basically all speak the same language of “America (Russia, China…) first.”

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https://www.bloomberg.com/news/articles/2018-06-07/france-said-to-warn-trump-that-it-will-not-sign-a-g-7-statement

France Warns Trump It Won’t Sign a G-7 Statement

France has joined Germany in warning President Donald Trump that it won’t sign a joint statement of the Group of 7 at the summit in Quebec this week without major concessions from the U.S., a French official in the president’s office said.

President Emmanuel Macron has signaled that progress on tariffs, Iran nuclear agreement and Paris climate accord must be made before he’ll be willing to sign a joint statement, the official told reporters Wednesday in Ottawa. The French president spent the day meeting with Prime Minister Justin Trudeau and other Canadian officials ahead of the June 8-9 summit in La Malbaie, Quebec.

The official requested anonymity in keeping with rules of the French president’s office.

Macron has concluded that the other members of the G7 -- the U.K., Germany, Japan, France, Italy and Canada -- must stand up to the U.S. over Trump’s decision to impose tariffs on steel and aluminum from the European Union, Canada and Mexico as well as other issues.

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:rolleyes:

Trump hits the world stage, Day One: Come late, leave early, offend host, alienate allies

The president made quite an impression at the G-7 meeting in Canada on Friday. Saturday he departs to Singapore for his summit with Kim Jong Un.

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