180 online
 
Most Popular Choices
Share on Facebook 64 Printer Friendly Page More Sharing
OpEdNews Op Eds    H2'ed 7/9/18

Trump's Art of the No Deal (revised and updated)

By       (Page 1 of 2 pages)   3 comments

Robert Reich
Follow Me on Twitter     Message Robert Reich
Become a Fan
  (130 fans)

From Robert Reich Blog

Donald Trump and Kim Jong-un - Caricatures
Donald Trump and Kim Jong-un - Caricatures
(Image by flickr.com)
  Details   DMCA

Trump promised to be America's deal-maker in chief.

"We need a leader that wrote The Art of the Deal," he said in the speech announcing his candidacy. "I'm a negotiator. I've done very well over the years through negotiation," he said during a Republican debate. "That's what I do, is deals," he said in May. "I know deals, I think, better than anybody knows deals."

Rubbish. So far, Trump has made no deals at all, and the ones he thinks he's made have unraveled.

He has no deal with North Korea. Following his June 12 summit with Kim Jong Un, Trump declared on Twitter that "there is no longer a nuclear threat" from North Korea.

In fact, recent satellite images show that North Korea has upgraded a nuclear facility. It also appears to be finalizing the expansion of a ballistic missile manufacturing site.

Instead of surrendering its nuclear stockpile, American intelligence says North Korea is considering ways to conceal it at secret production facilities.

As if to drive home the point that there's been no deal, just after Secretary of State Mike Pompeo visited Pyongyang to start filling in the "nitty-gritty details" of Kim's vague commitment, the North accused the Trump administration of pushing a "unilateral and gangster-like demand for denuclearization," calling it "deeply regrettable."

Trump apologists say the supposed deal with North Korea will take time.

Maybe. But Kim got everything he wanted from the summit -- an American president appearing to grant North Korea co-equal status, and cancellation of joint military exercises with South Korea -- without conceding anything on weapons and missile programs.

Trump has no trade deals, either. Instead, he's launched simultaneous trade wars with Europe, China, Canada, and Mexico.

After slapping tariffs on $34 billion of Chinese imports, China has retaliated with tariffs on $34 billion of American exports. Trump is now threatening tariffs on nearly everything China exports to the United States, as well as a clampdown on Chinese investment here.

After Trump raised tariffs on steel and aluminum from Canada, Mexico, and the European Union, they also retaliated. They promise further retaliation if Trump acts on his threat to place a 20 percent tariff on imported cars and car parts.

Are these Trump's negotiating tactics? "Every country is calling every day, saying, let's make a deal, let's make a deal," he boasted last week.

More rubbish. Trump's actions have poisoned relations to such an extent that instead of joining the United States to, say, push China to open its markets, our trading partners -- including China -- are starting to join together to stop Trump from doing worse damage.

Next Page  1  |  2

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Funny 1  
Rate It | View Ratings

Robert Reich Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Robert Reich, former U.S. Secretary of Labor and Professor of Public Policy at the University of California at Berkeley, has a new film, "Inequality for All," to be released September 27. He blogs at www.robertreich.org.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Trump Cornered

The Republican's Big Lies About Jobs (And Why Obama Must Repudiate Them)

Paul Ryan Still Doesn't Get It

What Mitt Romney Really Represents

What to Do About Disloyal Corporations

The Gas Wars

To View Comments or Join the Conversation:

Tell A Friend