Thursday, January 26, 2017

The law of unintended consequences: ending TPP

Pres. Trump withdrawing from the Trans Pacific Partnership (TPP) may be popular domestically but it may have long term damage to our national security.

The law of unintended consequences is at work here. In fact, this law could apply to the Trump administration's blow up of multi national treaties, from Europe to Asia. It opens the door for our allies to seek trade agreements with China or to go it alone and ignore the US. Power vacuums get filled, either by China or Russia, and countries going it alone means US will lose its leadership and the ability to shape world affairs in American security and economic interests.

From my blog posting August 25, 2016; "However, the New York Times digging around found that Donald Trump’s pronouncement  on foreign affairs issues show a connection to his business dealings.  He owes the Bank of China and Goldman Sachs in his finance dealings and his goals and business dealings with Russia are no secret now.  Trump’s  anti Southeast (TPP) trade agreement) positions may be a problem, too.  
Opposing the TPP may be a lure  for the Midwest belt  voters lying in rust with job killing globalization, but the TPP was also promoted to strengthen allies in Southeast Asia against Chines expansionism in the region.  His bromance of mutual flattery and echoing Russia’s President Putin’s  declaring NATO was obsolete, Russia did not grab eastern Ukraine  or that his reliance on debts to Wall street is indeed has a  suspicious connection to this business dealings. In these cases, there is fire of policy positions within the fog of smoke."

http://www.cnn.com/2017/01/26/politics/trump-nafta-tpp/index.html

https://www.nytimes.com/2016/08/21/us/politics/donald-trump-debt.html?_r=0

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