Reuters and a number of media sources have put out recent news that a senior China trade official says that it is hard for them to proceed on trade negotiations with the U.S. putting a 'knife to its neck.' https://www.reuters.com/article/us-usa-trade-china-talks/china-says-u-s-putting-knife-to-its-neck-hard-to-proceed-on-trade-idUSKCN1M509S
Translation: "We have an advantage in trade with The United States, and we are going to try to keep it anyway that we can." In other words, "It is the fault of the U.S. that we have insisted for years in managing our trade, currency, and foreign relations to the advantage of China, and we are not going to stop this, as it is to our advantage, regardless of what agreements we signed with the World Trade Organization in 2001 to not do, exactly what we, in fact, are now doing."
"Oh, yes, by the way, we are for free trade worldwide."
It is hard to believe that anyone anywhere thinks that this blatant hypocrisy from China is not balderdash.
Additionally, in recent days many of us have physically and mentally watched comments on BBC and CNN by other world leaders, which have parroted the same line of reasoning as the senior China trade official.
"Me too. Me too!"
Nonsense!
Clearly the other "Me too" nations and China are insisting on colluding in continuing to violate WTO rules of fair international trade, and these managed trade, managed currency violations and hypocrisy have gone too far and for too long.
Who could blame the U.S. for putting full sanctions on the lot of them, or simply preventing other nations from trading with The United States, for just cause and for gross violations of WTO international trade rules?
President Trump recently came to a new modified signed agreement with Mexico over NAFTA trade, and he signed a new modified trade agreement with the President of South Korea, Moon Jae-in. https://www.bloomberg.com/news/articles/2018-09-24/trump-clinches-his-first-trade-deal-in-revamped-south-korea-pact?srnd=politics-vp
Although there was a most recent report that our President received some criticism at the United Nations over trade, there are also reports that President Trump has multiple trade agreements in varying degrees of readiness. Trump also had positive trade talks with President Macron, among other issues that the two presidents spoke to each other about on the sidelines of the UN.
In the past, President Trump has come to partial agreements with some European leaders, but, as of this moment, those agreements are not fully negotiated and ready for signature.
In a Bloomberg article earlier today, Josh Wingrove hinted that Prime Minister Trudeau wants to complete a modified new NAFTA agreement with the U.S. government. According to Wingrove, "...but it's his [Trudeau's] job to stand up for Canada's interests." https://www.bloomberg.com/news/articles/2018-09-25/u-s-canada-ties-can-survive-trade-friction-trudeau-says
References List:
Chen, Y., & Blanchard, B. (2018, September 25). Reuters.com. China says U.S. putting "knife to its neck", hard to proceed on trade. Retrieved September 25, 2018, from https://www.reuters.com/article/us-usa-trade-china-talks/china-says-u-s-putting-knife-to-its-neck-hard-to-proceed-on-trade-idUSKCN1M509S
Lee, Y., Tweed, D., & Leonard, J. (2018, September 25). Bloomberg.com. Trump Clinches His First Trade Deal With Revamped South Korea Pact. Retrieved September 25, 2018, from https://www.bloomberg.com/news/articles/2018-09-24/trump-clinches-his-first-trade-deal-in-revamped-south-korea-pact?srnd=politics-vp
Wingrove, J. (2018, September 25). Bloomberg.com. U.S.-Canada Ties Can survive Trade Friction, Trudeau Says. Retrieved September 25, 2018, from https://www.bloomberg.com/news/articles/2018-09-25/u-s-canada-ties-can-survive-trade-friction-trudeau-says
Economic and Political Sanity
Centrist economic and political blog. Democratic or Republican ideology does not work in all cases, therefore, we need to compromise and use what works, not what is convenient for a liberal or a conservative ideology. Emotions and ideology are economically and politically ruining The United States of America. We must go back to our beginnings: what is best and what works for the commonwealth is what is best for every human being living in the United States.
Tuesday, September 25, 2018
China and "Me too" Nations Insist on Unfair Trade that Breaks WTO International Free Trade Rules
Labels:China and U.S. Trade and Tariffs
Macron,
Moon Jae-in,
South Korea,
Trudeau,
Trump; U.S. putting a "knife to its neck;" Trade negotiations between China/U.S./other nations,
UN,
WTO.
Why so Few Articles on "Economic and Political Sanity" Blog?
Today the question was put to me, "Why do you publish so few and infrequent articles on your blog, 'Economic and Political Sanity?'"
The answer is simple: I do not write for a living but merely write and publish when something is important to me.
On the other hand, there are lots of subjects to write about, but I am not interested in writing to just scribble about something...anything. My gut and my subconscious tell me when and on what to scrawl an article.
My only deadline is when yours truly worries about something that concerns our country, economically or politically. There are many things to worry about in both of these areas, but this scribe works when there is a sliver of a chance that he can be a catalyst by getting through to a policy or decision maker.
"Economic and Political Sanity" has readers in 19 countries; one reader who is a former President of the United States and several who are current members of the U.S. Congress.
As citizens of this chaotic democratic republic, we should all concern ourselves about the future of this nation. Our survival as a nation depends on it.
Democracy is not easy; it is expensive and unruly to defend our rights and freedoms, but it is necessary to maintain our republic. Some of us just wish our political leaders would compromise more to get the peoples' business done, instead of digging their heels in on each and every issue.
The Revolutionary Founding Fathers of The United States did not have the luxury of not compromising, as Great Britain wanted their American colonies and tax base back. Therefore, we fought a second war with England in the early 1800s. Then France wanted us to fight as their ally in another war before America was able to even stand on its own.
Our politicians need to decide if their own egos or our democracy is more important.
Compromise in Congress, the Senate, and the Executive Branch to get the peoples' business done!
The answer is simple: I do not write for a living but merely write and publish when something is important to me.
On the other hand, there are lots of subjects to write about, but I am not interested in writing to just scribble about something...anything. My gut and my subconscious tell me when and on what to scrawl an article.
My only deadline is when yours truly worries about something that concerns our country, economically or politically. There are many things to worry about in both of these areas, but this scribe works when there is a sliver of a chance that he can be a catalyst by getting through to a policy or decision maker.
"Economic and Political Sanity" has readers in 19 countries; one reader who is a former President of the United States and several who are current members of the U.S. Congress.
As citizens of this chaotic democratic republic, we should all concern ourselves about the future of this nation. Our survival as a nation depends on it.
Democracy is not easy; it is expensive and unruly to defend our rights and freedoms, but it is necessary to maintain our republic. Some of us just wish our political leaders would compromise more to get the peoples' business done, instead of digging their heels in on each and every issue.
The Revolutionary Founding Fathers of The United States did not have the luxury of not compromising, as Great Britain wanted their American colonies and tax base back. Therefore, we fought a second war with England in the early 1800s. Then France wanted us to fight as their ally in another war before America was able to even stand on its own.
Our politicians need to decide if their own egos or our democracy is more important.
Compromise in Congress, the Senate, and the Executive Branch to get the peoples' business done!
Labels:China and U.S. Trade and Tariffs
Compromise to get peoples' business done,
Revolutionary Founding Fathers,
U.S. Democratic Republic,
U.S. Political Leaders,
Why so Few Articles on "Economic and Political Sanity" Blog?
Sunday, September 23, 2018
Entrust Has the Keys to the Kingdom, and it Needs to be Sold to the DOJ
Important U.S. partisan vested interests can and do find out anything that they want through the internet about any person or entity on this planet. No person or entity is safe, as it does not matter who or what they are. What do you think those same partisan vested interests use that information for?
You do not believe me you say?
Would it surprise you that Entrust, a private U.S. company that has worldwide operations, controls encryption keys for the entire internet? With encryption keys, Entrust and those associated with it can find out anything communicated on the internet by a person, government official or anyone else, anywhere on this planet.
Jerry C. Jones, a Democrat Party operative, and former law firm partner of Hillary Clinton at the Rose Law Firm, runs Entrust, and it is owned by another Democrat Party operative, Thomas Bravo (Bruce, A. 2018).
It might be to our mutual advantage for you to read Alexandra Bruce's article here: forbiddenknowledgetv.net/this-is-how-they-can-turn-off-your-chip/
There is not a person, corporation, or government in this world that uses the internet that does not need the encryption capabilities of Entrust. That kind of power should be based on need-to-know, not personal contacts at the U.S. Democrat Party Headquarters.
In a fair world, it is in the interests of the entire planet that Entrust be sold at a considerable profit to the U.S. government, and then controlled and directed by the U.S. Department of Justice (DOJ).
Why should it be in the hands of the DOJ? The U.S. Attorney General on the advice of his staff and other departmental attorneys can legally decide when to share that information with law enforcement, government agencies and sovereign countries.
Why would we want to do that? Simply put, we want criminal and terrorist activities to be preempted and/or caught and the guilty parties tried in a court of law, domestically and/or internationally.
If there is someone who does not want that to be the case, then they are a part of the problem, not a part of the solution.
Reference:
Bruce, A. (2018, September 19). Forbidden Knowledge TV. This Is How They Can ‘Turn Off Your Chip’ – Forbidden Knowledge TV. Retrieved September 23, 2018, from forbiddenknowledgetv.net/this-is-how-they-can-turn-off-your-chip/
Labels:China and U.S. Trade and Tariffs
Criminal and Terrorist Activities,
DOJ,
Entrust,
Sell Entrust to U.S. Government,
U.S. Attorney General,
U.S. Democrat Party Headquarters
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