Tag Archives: trade

TRUMP WATCH: Joining the Trade Pact Against China

This week more of my TRUMP WATCH articles were published on Impakter:

  •  TWEETS OF WAR warning the enemy – in this case Russia – of an impending missile strike in Syria (click here to read – updated with the news of the retaliatory attack on 14 April);  
  • HALF THE COUNTRY IS THE ENEMY: in this one Trump takes aim at California, reviling it as a “sanctuary state” overrun by hordes of criminal immigrants, ascribing the whole sorry situation to the “Dems” (see here);
  • CHEMICAL ATTACKS ON SYRIA: about Trump’s unprecedented tweets against Russia and the fact that, arguably, Trump’s own policies in Syria set the stage for “animal Assad’s” attacks (see here – also updated with the news of the retaliatory attack 14 April).

Here’s the latest one, JOINING THE TRADE PACT AGAINST CHINA, out on Friday 13 April:


Trump just woke up to the complexities of international trade. And how to push China into a corner. In the middle of his trade war with China, he has suddenly caught on to the TPP, the Trans-Pacific Trade Partnership: a clever way for the US to boost trade among Pacific-rim countries while excluding China.

In the middle of the night, this stunning mea culpa was tweeted out:

Well, only half a mea culpa. As usual, it’s Obama’s fault, and he “would only join TPP if the deal were substantially better than the deal offered to Pres. Obama.”

He may feel he has saved face, but in practice, this signals a major reversal in Trumpian trade policies. For once, he’d be joining an international treaty and not trying to pull it down.

And that is huge. Good for him to be able to backtrack.

I go on to analyze the damage done by the US pullout of the TPP and what might happen next now that the TPP has been signed by 11 Pacific rim countries, excluding the US.  

Just as the article was about to be published with a conclusion commending Trump for his wise decision to backtrack (never easy), he blew it, coming out with a seriously absurd blast against Comey and his tell-all book, calling him (among other things) a “slime ball”. 

Take a look, the article is here.

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TRUMP WATCH: Defying China on Trade

Just published on Impakter. Here’s the opening:


In a single tweet on 5 April, Trump gave a double whammy: against China, reminding everyone that he’s fighting China on trade, and against Amazon’s “chief lobbyist”, the hated “Fake News Washington Post”:

Not bad for a single tweet. To anyone wondering why the Washington Post’s headline is characterized as “phony” when the news about the levying of trade penalties is real enough, the answer is fairly simple.  Trump has recently engaged in an unprecedented flurry of tweets against Amazon, “ranting obsessively about it”. To the point where one is justified in wondering whether he has a personal grudge against Jeff Bezos, the founder of Amazon and owner of the Washington Post.

Maybe he does, but the truth is that the Washington Post has been very good at unearthing uncomfortable news about him. For example, they were the ones who discovered he had given highly classified information to the Russian Foreign Minister and Ambassador in the course of a visit to the White House back in May 2017.

Trade War or Trade Talks?

That’s the real question. Are Trump’s threats of trade penalties the opening salvo of a coming trade war? Or, more simply, trade talks?

Trump has just ordered the US Trade Representative to consider coming up with levies on $100 billion more of Chinese goods (that immediately sent US stock futures tumbling). This came on top of a Chinese announcement on Wednesday that China would levy a 25 percent tariff on about $50 billion of US goods (including soybeans, automobiles, chemicals and aircraft). But the US had started it all, issuing on Tuesday a list of tariffs on $50 billion of Chinese products.

Tit for tat – and a clever tit from China…

Read the rest on Impakter, click here.

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