Monday, January 29, 2024

 it seems that the biden gang is learning things about world trade that they should have already known;


A story surfacing in Politico about the collapse of the office of the United States Trade Representative (USTR) and the inability of the entire trade policy group to find any willing trade partners was entirely predictable.

You might remember how the insufferable U.S. business media constantly said the Trump trade team was not going to be successful because the administration was disliked by global trade partners. Every Trump trade approach from tariffs to section 301 compliance, to U.S. demands around foreign policy tied to the economic Trump Doctrine was decried by U.S. multinational corporations as too divisive, too intransigent. However, Donald Trump and his trade wolverines racked up more trade wins and established more trade agreements than any administration in history.

From KORUS (Korea/US) to the Middle East, Saudi Arabia, India, Japan, European energy deals, massive changes with China, new Ag agreements, demanded technology sector investment back in the USA, and the successful renegotiation of NAFTA (Canada, Mexico, USA) into the USMCA – all of it was stunning in scale, scope and success. Trump’s global trade success was exactly the opposite of every predictive declaration by the professional media. All of the Trump strategic policy shift created the framework for the largest domestic expansion of the U.S. economy, evident in every 2019 economic metric prior to the pandemic......more......


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