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Trump's insane trade war

Maybe Donald Trump really is the Manchurian Candidate, a stooge of some foreign potentate. Much more likely, Trump i...

Posted: Jun 2, 2018 3:33 AM
Updated: Jun 2, 2018 3:33 AM

Maybe Donald Trump really is the Manchurian Candidate, a stooge of some foreign potentate. Much more likely, Trump is just mentally unstable and narcissistic. Whichever it is, Trump is rapidly destroying American global leadership, alliances, and interests. Wednesday's announcement of new tariffs on steel and aluminum exports from Canada, Mexico, and the European Union is the latest bizarre and self-destructive move.

I have just returned from a trip to Europe. Across Europe, there was not a single word of respect for Trump. The constant refrain was extreme puzzlement and deep consternation. How did America fall so far so fast? What do we need to do to survive?

Trump's so-called policies are not really policies. Trade wars are on, off, on hold, on again, within the span of days. Summits are on, canceled, or maybe on. Foreign companies are sanctioned today and rescued the next. He says one day he would like to see overseas troops called home soon, and tells them to stay the next. Global agreements and rules are ripped to shreds. Trump's garbled syntax and disorganized thoughts are impossible to follow.

The US has probably never before had a delusional President, one who speaks gibberish, insults those around him including his closest associates, and baffles the world. By instinct, we strive to make sense of Trump's nonsense, implicitly assuming some hidden strategy. There is none.

Trump's trade actions are blatantly illegal. They are flimsily justified as an act of national security, but this is sheer nonsense. They are also fatuous in terms of US economic and geopolitical interests. Harming our closest allies, raising the prices on key intermediate products, and provoking retaliation cannot possibly deliver higher wages, better jobs, or an improved trade balance. Trump's latest notion to slap tariffs on German automobiles would be even more damaging geopolitically.

Trump creates chaos for no reason other than his own flagrant inability to follow rules or respect the interests of others. His is a psychopath's trade war. The result will be to undermine the long-term role of the dollar; ratchet up the public debt; and undermine the current expansion through a spiral of protectionist measures and rising uncertainties for business.

Trump's casual threats of a hot war with Iran or North Korea if his various demands are not met are of course even more dangerous.

The real answer to Trump's trade (and other) policies is the 25th Amendment. Trump is unwell and unfit to be President. He is a growing threat to the nation and the world.

The emperor had no clothes. This President has no sense.

California Coronavirus Cases

Data is updated nightly.

Cases: 3074812

Reported Deaths: 35060
CountyCasesDeaths
Los Angeles103873814416
San Bernardino2569141560
Riverside2510002676
San Diego2185552174
Orange2165092508
Santa Clara949051129
Kern87240572
Fresno83200968
Sacramento811831128
Alameda68649788
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San Joaquin58843788
Contra Costa53349460
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Tulare42186515
Monterey36464255
San Mateo32887309
San Francisco29502266
Solano25983107
Santa Barbara25405243
Imperial25333474
Merced24570316
Sonoma24184242
Kings19588148
Placer17490184
San Luis Obispo16056140
Madera13528151
Santa Cruz12461113
Marin11732159
Yolo10789138
Shasta9750123
Butte9528128
El Dorado788649
Sutter782879
Napa767244
Lassen519916
San Benito500346
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Tehama433244
Tuolumne340340
Nevada323474
Mendocino319232
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Lake262531
Humboldt242725
Glenn194820
Colusa17969
Calaveras162123
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Mono11244
Inyo98329
Del Norte8672
Plumas5895
Modoc3853
Mariposa3464
Trinity3044
Sierra820
Alpine730
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We'll be staying dry today, but clouds will be increasing. Temperatures will be cooler today. We'll have even cooler temperatures, rain, and snow on the way in your Friday forecast. Heavier rain and snow are projected late this weekend and next week.
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