Saturday, December 30, 2017

Trump's Coming 2018 Ruthlessness and Ferocity Against Free Trade


Eric Margolis correctly observes:
There is much President Trump does not understand about the outside world.  High up on the list is the crucial importance of US trade policy in creating and sustaining the American Empire...

A major trade war between the US and Canada looms, centered on efforts by Washington to break into Canada’s heavily protected dairy, poultry and swine markets....

[T]he president’s mania to wreck international trade agreements and impose tariff barriers will result in diminishing America’s economic and political influence around the globe.

Access to America’s markets is in certain ways a more powerful political tool than deployment of US forces around the globe...

Trump has been on a rampage to undo almost every positive initiative undertaken by the Obama administration, even though many earned the US applause and respect around the civilized world.  The president has made trade agreements a prime target.  He has targeted trade pacts involving Mexico, Canada, the EU, Japan, China and a host of other nations by claiming they are unfair to American workers. However, a degree of wage unfairness is the price Washington must pay for bringing lower-cost nations into America’s economic orbit.

This month, the Trump administration threatened new restrictions against 120 US trade partners who may now face much higher tariffs on their exports to the US.

Trump is in a hurry because he fears he may not be re-elected.  He is trying to eradicate all vestiges of the Obama presidency with the ruthlessness and ferocity of Stalinist officials eradicating every trace of liquidated commissars, even from official photos.   America now faces its own era of purges as an uneasy world watches.
Margolis, a war correspondent, has covered conflicts in Angola, Namibia, South Africa, Mozambique, Sinai, Afghanistan, Kashmir, India, Pakistan, El Salvador and Nicaragua. He was among the first journalists to ever interview Libya’s Muammar Khadaffi and was among the first to be allowed access to KGB headquarters in Moscow.

-RW

2 comments:

  1. Your a globalist shill Margoils

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    Replies
    1. Bob, you can see here the type of Trumpista we're going to be dealing with: one that cannot see the difference between globalism (the preference for a global state) and free trade advocacy, and who doesn't know how to spell "You're".

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