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Tag Archives: trade

At APEC, Trump sticks to his populist trade message

From his remarks at the Asia-Pacific Economic Conference in Vietnam:

When the United States enters into a trading relationship with other countries or other peoples, we will, from now on, expect that our partners will faithfully follow the rules just like we do. We expect that markets will be open to an equal degree on both sides, and that private industry, not government planners, will direct investment.

Unfortunately, for too long and in too many places, the opposite has happened. For many years, the United States systematically opened our economy with few conditions. We lowered or ended tariffs, reduced trade barriers, and allowed foreign goods to flow freely into our country . . .

From this day forward, we will compete on a fair and equal basis. We are not going to let the United States be taken advantage of anymore. I am always going to put America first the same way that I expect all of you in this room to put your countries first. (Applause.)

The United States is prepared to work with each of the leaders in this room today to achieve mutually beneficial commerce that is in the interest of both your countries and mine. That is the message I am here to deliver.

I will make bilateral trade agreements with any Indo-Pacific nation that wants to be our partner and that will abide by the principles of fair and reciprocal trade. What we will no longer do is enter into large agreements that tie our hands, surrender our sovereignty, and make meaningful enforcement practically impossible.

Trump Begins Withdrawing the U.S. from TPP

So are we going to start seeing stories in the press about Trump keeping his promises?

From the Examiner:

President Trump signed a notice of intent to withdraw from the Trans-Pacific Partnership Monday, kicking off the highly-anticipated process of withdrawing the U.S. from a trade deal that has become deeply unpopular among his supporters.

Sitting in the Oval Office and flanked by members of his senior staff, Trump also signed an order that imposes a federal hiring freeze on all departments “except for the military” and an order cutting off funding to international groups that perform abortions, a rule known as the “Mexico City policy.”

Video || Hillary Abandons TPP for Political Gain

In one of the most naked, shameless political moves I’ve seen in some time, Hillary Clinton came out Thursday against President Obama’s Trans-Pacific Partnership, a trade deal she helped negotiate and promote.

Here’s how she sounded just three years, ago, before she was running for president.

The opportunism is so obvious, even NBC can see it.

Obama Steps Up Trade Lobbying

Okay, maybe he spent the weekend partying, but now he’s back in action, and look out, because the hangover is gone! President Obama today is meeting with House and Senate Democrats he thinks he may be able to convince to desert their leadership and join with Republicans to pass fast track trade negotiating authority. “As… Continue Reading

Democrats Get the Alinsky Treatment and THEY DON’T LIKE IT!

Aww. This is really breaking my heart. Faced with opposition from within their own ranks, President Obama and the White House are ladling out some of the same nasty invective they routinely slather on Republicans, and all of a sudden Democrats are getting all sensitive and everything. You probably are by now aware of the Saul Alinsky Rule… Continue Reading

Obama Trade Bill Back on Track

Just two days after delivering President Obama a stinging rebuke, enough Senate Democrats agreed to back fast track trade legislation to get it past the 60-vote threshold needed to begin debate. Debate could continue until the end of this month or even until June, as amendments are brought up. But the legislation has now passed… Continue Reading

Obama Gets Second Chance: Senate Reaches Trade Deal

President Obama will get another vote on fast track trade authority, as it appears Democratic progressives backed down from their insistence that legislation they back be considered together with the bill. From The Hill: The Senate will vote at noon Thursday on a stand-alone customs and enforcement bill that includes currency manipulation language and a… Continue Reading

Obama Has it Right on Trade

President Obama is bucking the left wing of his party and embarking on a massive effort to secure a free trade deal for the Pacific region. Obama has done almost nothing on trade since Inauguration Day 2009, other than convince Congress to approve a few trade deals that were mainly negotiated by Bush. The new deal,… Continue Reading

Obama Has Negotiated Zero Free Trade Deals

President Obama has not negotiated a single free trade agreement during his term as president, ignoring one of the best engines of job growth even as he claims that jobs are his biggest priority. Instead, Obama has actually hindered free trade agreements with Colombia and South Korea negotiated by George W. Bush but not approved… Continue Reading

Obama Calls Boehner; Boehner Calls OUT Obama

Whoops. President Obama thought he was making a friendly phone call to his erstwhile golf buddy Speaker John Boehner, but he landed right into a well-deserved political trap. When Obama rang Boehner up Thursday afternoon to congratulate him on getting some trade deals passed, the normally easy going Boehner – who’s watching his back with… Continue Reading