I happened to hear Trump’s speech and it must be said he didn’t pull any punches.
First of all when Trump says he is going to put “America first”, that is not a “threat”, that is a basic business philosophy and a simple metaphor (for America read ordinary American voter) The most basic job of any government is to protect their own people. Hopefully Trump won’t be embarking on futile campaigns with no real objective and exit policy such as Iraq- an utter disaster from the start under Bush to it’s finish under Obama
All good deals benefit both sides- what Trump has quite rightly pointed out that many of the US’ current dealings have benefited foreign powers and global corporations to the detriment of the American people. The political classes have been very much in cahoots with the global corporations and given them free rein under the auspices of American protection to export jobs and boost their balance sheets whilst giving very little in return.
They have all done very well whilst American debt continues to soar and living standards for ordinary Americans continue to fall. At the same time various undesirable aspects of society seem to be proliferating further, diminishing the quality of life of these ordinary Americans, and the powers that be are simply ignoring these problems.
That is why Trump was elected. Don’t get me wrong I’m all for free trade based on comparative advantage, but America hasn’t done a very good job of protecting it’s interests recently
Look at cars for example- US built cars face at least a 10% import duty into the EU (I know most American cars are crap, but that’s not the point )
BMW are building cars in Mexico that arrive duty free in the US via NAFTA. Trump is rightly asking why these cars cannot be built in the US (I imagine robots do much of the building, but there must be jobs associated with it was well) If the US stations 60,000 troops in Europe for their protection, why don't the Europeans let Americans build their cars in the US ?
If he cuts taxes to incentivise companies to stay, and introduces import taxes to make them keep their base in the US that will be a start
I don’t think Trump wants to quit NATO, but he is perfectly entitled to expect the other states to pull their weight with the costs. I also expect that if American money and American lives are to be sacrificed defending their NATO allies he expects them to behave sensibly
So when he sees the EU not only failing to spend the expected levels on their own defense, but deliberately provoking Putin by supporting an overthrow of a democratic government in Ukraine as part of their economic expansion policy it’s no surprise him saying they might find themselves on their own if it kicks off big time.
Similarly with China- the trade deficit between the two is huge and vastly in China’s favour.
China does this by setting artificial currency levels and employing ludicrously cheap labour that destroys US jobs. Granted China will always have cheaper labour costs, but the trade arrangement is being skewed ever more in favour of China, and trade imbalances are not a healthy thing- this is what Trump is objecting to
I think Trump will play ball and support those countries that honour their commitments and play fair with the US because that is in everyone’s best interests, but I don’t think the US will be “playing patsy” for much longer because strong leaders don’t allow that to happen to their fellow countrymen.
Friends of the US will be treated favorably, enemies of the US confronted, but the battle lines are increasingly blurred.
I suspect that many Americans might see a German dominated EU with an expansionist economic policy into the former Soviet Union territories being as much a threat to its interests and world stability as the old Soviet Union was 30 years ago.
Trying to turn the economic screw on someone like Putin isn’t the wisest of policies and the EU really does need to seriously think through it’s position on such matters. Hopefully Trump can start sorting much of that out.
One thing is for sure, if the EU pees off Trump and the EU pees off the UK, Putin could go through the Baltic States like sh#t through a goose. All these luvvies slagging Trump off really ought to bear that in mind
