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looking beyond borders

foreign policy and global economy

Archive for the tag “Europe”

America’s Neville Chamberlain

US President Donald Trump’s attempts to flex America’s muscles with the use of tariffs harks back to one of the darkest periods of modern history. During the Great Depression, the governments of Britain and France pursued a similar policy, unwittingly alienating would-be allies and strengthening Nazi Germany.

Read Here – Project Syndicate

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U.S. Deficits Are Hurting Emerging Markets

Thanks to the dollar’s outsize global role, the first casualties of a somewhat irresponsible U.S. fiscal policy are likely to be emerging economies that have used the dollar to denominate their debts, not the United States itself. A stronger dollar and rising U.S. interest rates are increasing the burden of paying all dollar-denominated debts around the world.

Read Here – Foreign Affairs

A Trump Foreign Policy

It is fair to give the president credit for delivering, or working to deliver, on many of his electoral promises, something that is reportedly a source of pride for Trump. As a candidate, Donald Trump said that he would take a tougher stance on illegal immigration, demand more beneficial trade arrangements from other nations, downplay the struggle against climate change, and avoid regime change and meddling in the internal politics of other states.

Read Here – The National Interest

Trump’s Next Target: NATO

After watching the G7 train wreck aghast, senior officials at NATO headquarters are quaking in their boots at the prospect of hosting a summit of the Western defense alliance featuring a raging Donald Trump in Brussels. Far from showcasing transatlantic unity and resolve, they fear the 24-hour gathering of leaders of the 29-nation alliance, scheduled for about a month from now, could turn into round 2 of the rumble in Quebec, with the U.S. president on the rampage against the Europeans and Canadians over their allegedly unfair trade surpluses and puny military spending, leaving NATO in tatters.

Read Here – Politico

We Are All Globalnationalists Now

In the epilogue to the first volume of his biography of Henry Kissinger, The Idealist, historian Niall Fergusson notes that he asked Yale university professor, John Gaddis, whether he agreed with his designation of Dr K. as a foreign policy “idealist.” That assessment contrasted with the conventional view of the former U.S. Secretary of State as archetypal national security “realist,” the kind who hangs a picture of Otto von Bismarck in his study.

Read Here – The Spectator

America’s Allies Should Stand Up To Its Reckless Trade Policy

Mr Trump’s goals go far beyond tariffs on a few metals. He seeks trade terms that will force supply chains to move to America, damn the economic consequences. For example, the administration wants the North American Free-Trade Agreement (NAFTA) to expire automatically after five years, robbing firms of the certainty they need to invest in Mexico. To roll over on tariffs today would invite further, more damaging assaults tomorrow.

Read Here – The Economist

After Trump’s G-7 Summit Fiasco, Be Afraid

The president, unmoved by history, ignorant of facts and guided by sycophants, has not been forced to grapple with the real world nor to hear views that don’t coincide with his twisted worldview, in which allies are ripping us off and aggressive strongmen are to be admired and accommodated.

Read Here – Washington Post

Also Read: An open letter on trade: The facts speak for themselves

Breaking A Big Deal

We are left with a region where the Iranians and Saudis will have no more opportunities to cooperate to resolve regional crises, starting with those in Syria and Yemen. Which means, that in the near future, the US, the Europeans and other parties involved in the geo-political game of the Middle East will be left with a difficult choice: Military action against Iran and its proxies, or living with a nuclear-armed hegemonic Iran.

Read Here – The Indian Express

Trump Says U.S. Pulling Out Of ‘Rotten’ Nuclear Deal

President Donald Trump said he will impose “the highest level” of economic sanctions on Iran, dealing a potentially fatal blow to the Iran nuclear deal and once again spurning mainstream foreign policy opinion. He insisted that what he called a “decaying and rotten” deal is deeply flawed because it does not permanently cap Iran’s nuclear program or address topics such as Tehran’s ballistic missile program and support of terrorist groups.

Read Here – Politico

Read White House Statement Here

Also Read: The Iran Deal Will Limp Along Without America—For Now

Royal Weddings Are A Fairy Tale. They Used To Be High-Stakes Diplomacy.

The royal wedding is a national cultural event. There was a time, however, when it would have also been naturally understood as an expression of national interest and international ambition. If the British public hasn’t been thinking of Prince Harry and Meghan Markle as diplomatic actors involved in a venture of international relations, that is a sign of their present roles — but also of how much Western diplomacy has changed since the days when royal marriages were major political events.

Read Here – Foreign Policy

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