At G-20 meeting, it looks more and more like Trump against the world
FFS, disgusting we ended up with this know-nothing fool.
http://www.denverpost.com/2017/07/05/donald-trump-germany-g-20-summit-meeting/
Trump is threatening to pull the U.S. back from global trade, but the country’s closest allies are making deals without him.
Trump reiterated his threats on Wednesday to pull the United States back from existing trade deals, arguing they were against the national interest. As Trump threatens to retreat from global trade, other world powers are exploring new economic ties.
The European Union and Japan are expected on Thursday to announce plans for a major new free trade agreement. The EU-Japanese deal, which has only been negotiated in broad terms thus far, would lower barriers to exports of cars flowing in both directions, as well as reduce Japanese barriers to imports of trains and agricultural products, including cheese and chocolate, according to media reports. It would create a free trade area similar in size to North America, which is linked by the 1994 NAFTA agreement.
If completed, the E.U.-Japan trade deal would be a sign of other top economies adjusting to a new world order in which they attempt to work around the United States instead of looking to it for direction on building global trade. Trump, with support from Congress, already ended an effort for the United State to reach a trade agreement with Japan and other Asian countries, and he has threatened to withdraw from the North American Free Trade Agreement and from a separate trade agreement with South Korea.
The divergent trade approaches have set up the G-20 as a potential crossroads for the international economic order. Trump is attempting to leverage the United States’ economic power to negotiate new deals in the country’s favor, while foreign leaders — including those of the United States’ appear increasingly ready to bypass the United States in favor of stronger ties elsewhere.