There’s no place like home
Trump goes to ForrinLand and tells it how much better the US is than everyone else.
Promising to pursue “mutually beneficial commerce” through bilateral trade agreements, Mr. Trump roundly condemned the kind of multilateral accords his predecessors pursued, reprising a message he brought to China this week that blamed weak American leadership for trade imbalances that he said had stripped jobs, factories and entire industries from the United States.
“What we will no longer do is enter into large agreements that tie our hands, surrender our sovereignty, and make meaningful enforcement practically impossible,” Mr. Trump said.
It was a strikingly hostile message to an audience that included leaders who had tied their fortunes to the Trans-Pacific Partnership, a sweeping 12-nation accord that was to be led by the United States, from which Mr. Trump withdrew immediately after taking office.
Hostile is what he does. He’s hopeless at the other thing, like all that sick-making flattery of Xi yesterday.
As in his speech to the United Nations in September, Mr. Trump emphasized the idea of sovereignty, a concept that is often seen as being at odds with global cooperation and that is sometimes used by countries to fend off interference by outside powers.
He closed the speech with an inward-looking paean to the virtues of home, declaring, “In all of the world, there is no place like home,” adding that nations should “protect your home, defend your home, and love your home today and for all time.”
He’s Dorothy in the Hollywood version of The Wizard of Oz.
It is…bizarre to hear Trump echoing the anti-TPP messages that a lot of leftish orgs have been dropping in my inbox for a couple of years now. I’m no longer sure who to root for.
Tricky, ain’t it.
The major downside of Free Trade Deals is that they treat any kind of regulation – including environmental, health and safety, labor – as restraint of trade. I wonder if Trump is even aware of that.
Trump doesn’t seem to be aware of much that can’t be fit into a short platitude (hence, Twitter as his preferred mode of communication).
Whatever the positive and negative aspects of ‘free trade’ deals in general and the TPP in particular, the most significant development for the US is that the TPP will probably be renegotiated without the US. Other APEC nations will learn to get along without America. With China’s guidance of course