Reciprocal trade is the trend of everyone. Canada charges 270% tariffs on US dairy in the midst of the NAFTA “free trade” agreement, Trump threatens to charge other tariffs if trade isn’t even, and Trudeau objects to reciprocal tariffs and threatens them at the same summit. If the results were allowed to speak for themselves, it would be hard to know if anyone wants free trade or reciprocal tariffs or if people just want to argue. But, the results aren’t in yet. Until they are, we don’t know.
Trump left a G7 summit, wishing it were a G8 summit to include Russia, making it a G6 summit while he left for his own G2 summit in Singapore with Kim Jong-Un. Trump solidified the certainty of that summit by canceling it. Reciprocal trade will almost surely be on the shelf. The Western press can’t not speculate, especially with the old wives tale that investment is the primary source of economic stimulation—generally overlooking hard work, balancing free markets with regulation, and ingenuity.
The reason Russia is not at the G 7/8 summit is because it took back Crimea via referendum. Khrushchev gave Crimea to the Ukraine in 1954, which was a controversy all to its own. The Obama administration’s response was to alienate Russia. Russia’s main faux pas in the recovery of Crimea was flying its Russian flag over a government building taken by Russian soldiers prior to the referendum, but that received little attention. The West’s opinion at the time was largely limited to who should own what territory in Ukraine and Russia.
Amazon is listening and respecting the religious needs of its Muslim workers in the Twin Cities. Fasting is hot work and the Muslim immigrants need a cooler, slower-paced work environment during Ramadan. No word in the news, however, on reciprocal trade working conditions, such as whether Amazon has negotiated for disposable barbecue celebrations for Taoists on Chinese holidays or fish Friday for Catholics who have so generously immigrated to Muslim countries.
Talk show news punetdom is losing, in life, a lion of the mind, Charles Krauthammer. When the other talking heads from the Potomac beltway and NPR niggled over opinions of the press and heads of state, Krauthammer explained the three step process of delivering a nuclear weapon and where Kim Jong-Il had made progress within those steps. He resented terms like “Washington establishment” and also objected to Trump for fighting against an establishment he deemed mythical. He represented a sobering voice of reason and calm, disagreed with almost everyone about something, politely held to his own opinions, and remained courteous in discussion. He shared a letter within the past few days that cancer is ending his life and he has only weeks to live. The world of ideas and politics already misses him.
Trump 45%; Reagan & Obama 44%