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Trump Foreign Policy


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I honestly can not figure out an above the table/respectable reason why Trump is so worried about saving ZTE and Chinese jobs.  I have sat back and tried my best to figure out what I'm missing in this.  Nope....got nothin'.   

 

So, we are so worried about Chinese jobs that we are going to allow a company that we know was actively helping China spy on us.....and now we will be spending money on keeping "compliance officers" within the company?

 

This seems like something that will go well......NOT!!!

 

 

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I mean, come on. It doesn't take a genius to connect the dots here. There's only two dots.

 

1. Ivanka gets trademarks approved by Chinese government.

 

2. Trump suddenly shifts from combative towards China to helping a Chinese telecom designated as a U.S. NatSec risk.

 

This is why you don't let a wealthy family clearly not divested from their business interests run your government.
 


 

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BEIJING — China this month awarded Ivanka Trump seven new trademarks across a broad collection of businesses, including books, housewares and cushions.

 

At around the same time, President Trump vowed to find a wayto prevent a major Chinese telecommunications company from going bust, even though the company has a history of violating American limits on doing business with countries like Iran and North Korea.

 

Coincidence? Well, probably.

 

Still, the remarkable timing is raising familiar questionsabout the Trump family’s businesses and its patriarch’s status as commander in chief. Even as Mr. Trump contends with Beijing on issues like security and trade, his family and the company that bears his name are trying to make money off their brand in China’s flush and potentially promising market.

 

The most recent slew of trademarks appear to have been granted along the same timeline as Ms. Trump’s previous requests, experts said. But more broadly, they said, Ms. Trump’s growing portfolio of trademarks in China and the family’s business interests there raises questions about whether Chinese officials are giving the Trump family extra consideration that they otherwise might not get.
 

These critics say the foreign governments that do business with Ms. Trump know they are dealing with the president’s daughter — a person who also works in the White House.

 

“Some countries will no doubt see this as a way to curry favor with President Trump,” wroteFred Wertheimer, president of Democracy 21, and Norman Eisen, chairman of Citizens for Responsibility and Ethics in Washington, two nonprofit watchdog groups. Mr. Eisen’s group reportedon the trademarks on Saturday.

“Other countries may see the business requests made by his daughter’s company as requests they cannot refuse.”

 

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Russia's foreign minister.

 

 

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"As we start discussions on how to resolve the nuclear problem on the Korean Peninsula, it is understood that the solution cannot be comprehensive without the lifting of sanctions," Lavrov said according to state news agency Sputnik.

 

 

 

Seeing as Trump is a moron, I wouldn't be surprised if Russia gave him this entire idea of meeting Kim in the first place.

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TORONTO (AP) — Canadian Prime Minister Justin Trudeau says he offered to go Washington this week to complete talks on renegotiating the North American Free Trade agreement, but says Vice President Mike Pence called and told him a meeting with President Trump would only happen if Trudeau agreed to put a five-year sunset clause into the deal.

Trudeau said Thursday he refused to go because of the “totally unacceptable” precondition. He made the comment while outlining Canada’s response to U.S. tariffs on steel and aluminum imports.

 

 

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Trump is a total idiot - He is alienating our closest allies and trading partners.  We are seeing a replay of Smoot-Hawley Tariffs of 1930 - which only pushed us deeper into the depression.

Why does this sound familiar.   The last sentence that I copied in bold -  I added my editorial comment in bold red.

https://www.britannica.com/topic/Smoot-Hawley-Tariff-Act

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Smoot-Hawley Tariff Act, formally United States Tariff Act of 1930, also called Hawley-Smoot Tariff Act, U.S. legislation (June 17, 1930) that raised import duties to protect American businesses and farmers, adding considerable strain to the international economic climate of the Great Depression. The act takes its name from its chief sponsors, Senator Reed Smoot of Utah, chairman of the Senate Finance Committee, and Representative Willis Hawley of Oregon, chairman of the House Ways and Means Committee. It was the last legislation under which the U.S. Congress set actual tariff rates.

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Smoot-Hawley contributed to the early loss of confidence on Wall Street and signaled U.S. isolationism. By raising the average tariff by some 20 percent, it also prompted retaliation from foreign governments, and many overseas banks began to fail. (Because the legislation set both specific and ad valorem tariff rates [i.e., rates based on the value of the product], determining the precise percentage increase in tariff levels is difficult and a subject of debate among economists.) Within two years some two dozen countries adopted similar “beggar-thy-neighbour” duties, making worse an already beleaguered world economy and reducing global trade. U.S. imports from and exports to Europe fell by some two-thirds between 1929 and 1932, while overall global trade declined by similar levels in the four years that the legislation was in effect.

In 1934 President Franklin D. Roosevelt signed the Reciprocal Trade Agreements Act, reducing tariff levels and promoting trade liberalization and cooperation with foreign governments. Some observers have argued that by deepening the Great Depression the tariff may have contributed to the rise of political extremism, enabling leaders such as Adolf Hitler to improve their political strength and gain power. 

(TG: however, the political extremism is now in our country - Trump acting unilaterally promoting his backaxxwards agenda)

 

 

Canada puts in place their own tarriffs against our steel, alum.  

https://www.axios.com/canada-retaliatory-tariffs-united-states-trudeau-trump-trade-war-ae37a1a1-146b-4060-8d4e-365ddc0d7ea9.html

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Canada will impose retaliatory tariffs against the United States in response to the Trump administration's decision to extend steel and aluminum tariffs to Canada. During a press conference Thursday afternoon, Canadian Prime Minister Justin Trudeau called the American decision "totally unacceptable," adding he finds it "inconceivable" that "Canada could be considered a national security threat to the United States."

The details: Canada will impose its own tariffs against American steel, aluminum, and other products in the amount of $16.6 billion at rates of 25% and 10%, which represents the total value of Canada's 2017 steel and aluminum exports to the U.S. They'll go into effect on July 1, remaining until the U.S. ends its own tariffs.

 

Mexico follows

 

https://ca.news.yahoo.com/mexico-hits-back-u-steel-aluminum-tariffs-equivalent-142649163.html

 

 

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MEXICO CITY (Reuters) - Mexico retaliated almost immediately against U.S. tariffs on steel and aluminum on Thursday, focusing on products from congressional districts President Donald Trump's Republican party is fighting to retain in November elections.

"It sends a clear message that this kind of thing does not benefit anybody," Economy Minister Ildefonso Guajardo said in an interview on Mexican radio about the measures against U.S. products ranging from steel to grapes.

"Because, in the end, the effect will fall on voters and citizens that live in districts where the people have voice and vote in the North American Congress."

The Mexican measures target pork legs, apples, grapes and cheeses as well as steel - products from U.S. heartland states that supported Trump in the 2016 election. The country reacted quickly after Washington said in the morning it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union.

Mexico said it was imposing wide-ranging "equivalent" measures, ratcheting up tensions during talks with Washington to renegotiate NAFTA and ahead of the U.S. mid-term elections. The measures will be in place until the U.S. government eliminates its tariffs, the ministry said.

 

Europe to soon follow Mexico and Canada

https://www.wsj.com/articles/tariffs-underline-u-s-tilt-away-from-european-allies-1527777399

 

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BRUSSELS—President Donald Trump’s decision to impose tariffs on steel and aluminum from the European Union marks a new low in deteriorating trans-Atlantic relations and promises to complicate life for EU leaders grappling with growing problems inside the bloc.

Coming just weeks after Mr. Trump’s withdrawal from the Iran nuclear deal and a day short of a year after his exit from the Paris climate accord, it offers another sign that the U.S. administration has broken with decades of American policy by playing down European ties.

The tariffs are particularly painful for European leaders because the U.S. and EU together built the World Trade Organization three decades ago to promote and regulate free trade and cooperated in the early 2000s on efforts to modernize it. Even while battling in the WTO, and from across the political spectrum on both sides of the Atlantic, the U.S. and EU had operated as peers on trade.

 

Now the two camps could be headed for a trade war with unpredictable consequences, European officials warned. The EU said it could impose within coming weeks duties worth up to €2.8 billion ($3.3 billion) on U.S. exports to Europe. Mr. Trump has threatened to respond to EU retaliation.

“We do not want a trade war,” said French Finance Minister Bruno Le Maire on Thursday. He said he had just told U.S. Commerce Secretary Wilbur Ross at a meeting in Paris that responsibility fell completely on U.S. authorities. “It’s up to them to decide if they want to enter a trade conflict with their closest partner.”

 

 

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Ummm, why would Canada or Mexico make concessions to us in order to renegotiate NAFTA? As I understand it, we all benefit from NAFTA, but they benefit way more because they get free trade with our much larger market. 

It's like your neighbor telling you that you can't borrow their wrench until you give up your socket set. It doesn't make much sense. 

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