President Donald Trump Pulls the Plug on Abandons Trans-Pacific Partnership (TPP) Obama’s Signature Trade Deal
TRUMP ENDS AMERICAN JOB KILLING TPP …NOTE TO MSM, WHAT PART ABOUT AMERICA FIRST DIDN’T YOU QUITE UNDERSTAND?
On day one of his presidency, Donald Trump fulfilled a campaign promise and ended the TPP, Trans-Pacific Partnership. And so it further begins. First Obama went after Obamacare, Obama’s signature piece of legislation and now it’s Obama’s signature trade deal. Trump looks to make individual trade deals with countries and doing so from an America first vision. President Trump was able to end the TPP by an executive order because it was never approved by Congress. Bipartisan trade policy, eh NY Times?
President Trump upended America’s traditional, bipartisan trade policy on Monday as he formally abandoned the ambitious, 12-nation Trans-Pacific Partnership brokered by his predecessor and declared an end to the era of multinational trade agreements that defined global economics for decades.
With the stroke of a pen on his first full weekday in office, Mr. Trump signaled that he plans to follow through on promises to take a more aggressive stance against foreign competitors as part of his “America First” approach. In doing so, he demonstrated that he would not follow old rules, effectively discarding longstanding Republican orthodoxy that expanding global trade was good for the world and America — and that the United States should help write the rules of international commerce.
Although the Trans-Pacific Partnership had not been approved by Congress, Mr. Trump’s decision to withdraw not only doomed former President Barack Obama’s signature trade achievement, but also carried broad geopolitical implications in a fast-growing region. The deal, which was to link a dozen nations from Canada and Chile to Australia and Japan in a complex web of trade rules, was sold as a way to permanently tie the United States to East Asia and create an economic bulwark against a rising China.
TEAR DOWN THAT COMMIE STATUE …
Hundreds of thousands of protesters in Ukraine took to the streets in another mass demonstration of anger against President Viktor F. Yanukovich’s decision to break off negotiations with the European Union. They toppled the statue of Communist leader Lenin in a symbolic demonstration and then took a sledgehammer to it.
Public protests thundered into a full-throttle civil uprising in Ukraine on Sunday, as hundreds of thousands of protesters answered President Viktor F. Yanukovich’s dismissiveness with their biggest rally so far, demanding that he and his government resign.
At the height of the unrest on Sunday night, a seething crowd toppled and smashed a statue of Lenin, the most prominent monument to the Communist leader in Kiev. The act was heavy with symbolism, underscoring the protesters’ rage at Russia over its role in the events that first prompted the protests: Mr. Yanukovich’s abrupt refusal to sign sweeping political and free-trade agreements with the European Union.
After an electrifying assembly in Independence Square in the center of Kiev, the main focus of the protests, the huge crowd surged across the capital, erecting barriers to block the streets around the presidential headquarters and pitching huge tents in strategic intersections. They were not challenged by the police, who have largely disengaged since their bloody crackdown on a group of protesters on Nov. 30 sharply increased outrage at the government.
Radio Free Europe was Live blogging the event.
Interestingly enough, as those in the Ukraine tear down the statue of Lenin, many think that US President Barack Obama is looking to erect it.
Barack Obama to Speak in NC Touting News Jobs Bill at Company that Ships American Jobs to Costa Rica
PASS THE BILL, HUH?
Why has America lost complete confidence in President Barack Obama and his economic policies? Other than the continued 9.1% unemployment and record number of people on food stamps … how about a President that would pitch his American jobs bill at a company that ships jobs overseas. YOU JUST CAN’T MAKE THIS STUFF UP. Is Obama the President of the US, or … just a citizen of the World?
President Barack Obama will present his “jobs plan” on Wednesday at a company which is shipping jobs overseas.
Obama is scheduled to present his “jobs plan” in Apex, N.C., on Wednesday at the headquarters of WestStar Precision.
WestStar is a high-end, specialty manufacturer that just opened a new facility in San Jose, Costa Rica — creating many new jobs there, but not in the United States.
How out of touch an inept is this White House? Talk about not ready for prime time. Obama is demanding Congress pass his jobs bill now, yet he goes to a company to spin his policies at a very company that has shipped jobs out of the US. Unreal. Does any one in this White House do their homework, or do you just have to be a Democrat donor to have Obama appear? Of all the companies in the United States … this is the one Obama picks, how typical of his clueless Administration.
On the same page, WestStar Precision describes its new location, which is almost as big, in Costa Rica: “Our new office and manufacturing facility in San Jose, Costa Rica, also has approximately 10,000 sq. ft. with similar equipment as the main office. This facility is designed for high volume production to support our international and domestic clients.”
Republicans can hardly believe the company the president chose to speak at is shipping jobs overseas.
The Obamamessiah comes home from his “get out of Dodge” trip overseas empty handed …
If there was any doubt following the 2010 midterm election shellacking that the Democrats took on November 2 that the Obama bloom was off the rose, it was confirmed by his overseas unmitigated disaster trip following the midterm tsunami. The once crowned prince Obamamessiah comes back from his trip pretty much empty handed.
After watching his party take a beating in the midterm elections, Obama wasn’t able to secure even a symbolic victory on a trip that was expected to give him plenty of opportunities to claim a win.
“This certainly was the worst 10 days of his political life,”said Baruch College political scientist Doug Muzzio. “Given that he’s not going to be able to get any domestic achievements with the Republicans in control of the House … if he doesn’t do it in foreign policy that’s a big problem for him.
“He came back with bupkis [Yiddish for 'nothing'].”
Obama’s inauspicious 10-day, four-nation trip included a failure to land an anticipated slam dunk free trade agreement with South Korea.
It also included a botched effort to rally Western allies to press China to budge on a monetary policy that threatens to keep the U.S. economy in the tank.
As stated at Weasel Zippers regarding the “Empty Suit” in Chief with an accompanying most appropriate picture, the Obama ship is continuing to take on water and sink.
It’s official, Obama’s policies have been rejected in the United States as witnessed by the shellacking taken during the 2010 midterm election and rejected overseas. Obama’s trip overseas is looked upon as a failure as The One struck out looking. Obama claimed that this trip over seas was not to escape the aftermath of the political carnage of the midterm elections, but instead to “to bring jobs to the United States”. His trip has become what his presidency has also become … a total failure.
Barack Obama & the Not-so Midas Touch: The One Suffers Embarrassing Setback on South Korea Trade Deal
Obama and the non-Midas Touch … With the One, all that glitters is not gold.
How bad is it for President Barack Hussein Obama? Even the New York Times called the last minute failure to seal a trade deal with South Korea that would expand American exports an “embarrassing setback”. Heck, even Chris Farley as Tommy Boy sold enough brake pads to keep the Callahan business going.
For President Obama, the last-minute failure to seal a trade deal with South Korea that would expand American exports of automobiles and beef is an embarrassing setback that deprives him of a foreign policy trophy and demonstrates how the midterm elections may have weakened his position abroad.
U.S. and South Korea Fail to Agree on Trade (November 12, 2010) Mr. Obama has made free trade a central theme of his 10-day mission to Asia.From Seoul to Washington, business leaders, foreign policy analysts and diplomats were convinced that the president would wrap up the accord during a meeting with President Lee Myung-bak of South Korea on Thursday. Instead, the two leaders emerged empty-handed, arriving at their joint news conference to say that they had instructed their negotiators to keep at it a little while longer.
“We need to make sure that over the next several weeks, we are crossing all the t’s, dotting all the i’s, being able to make the case to both the Korean people and the United States population that this is good for both countries,” said Mr. Obama, who is in Seoul for the Group of 20 conference. “And if we rush something that then can’t garner popular support, that’s going to be a problem. We think we can make the case, but we want to make sure that that case is airtight.”