In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘Trump’s pivot to Asia’

How China ended up getting the best deal

Posted by seumasach on June 17, 2018

There seem to be two factions inside the US ruling class: one which favours a permanent Cold War and the Trump faction. Trump has now prevailed and duly moved to end the Cold War. He has thus cleared the way for constructive engagement with China. As China is America’s largest creditor and provider of consumer goods it is only logical that the US should try to reach an agreement with her. This not about free trade but free movement of capital and the reinvestment of US debt in means of production inside the US thus eliminating the US trade deficit. This would also enable the creation of a new global currency system. Obviously, there is opposition to such an outcome inside the US elite but apart from a prolonged paralysis and humiliating decline the only other option is a war with China. Many on the left, in particular, seem to regard this as an inevitability. However, the USA has no history of taking a major power head on and the military balance is no longer favourable if it ever was. Furthermore, Trump has already created facts on the ground which gravitate against such a scenario. He has undermined the so-called special relationship with the UK, always a willing partner in any recklessness. He has also undermined the whole notion of the “free world” as the West likes to style itself and, thus, the possibility of a coalition of the willing. For all the contrast in style and ideological posture, there is some continuity from the Obama presidency. Obama undoubtedly sought detente with Russia but his deal was killed stone dead by factions within the US military when they attacked the Syrian army. A similar derailment of the Trump deal cannot be ruled out but he has gone to great lengths to guard his back: he has spent recklessly on the military and, unlike Obama, he has appeased the Israeli lobby. He also appears to have brought on board those within the military who particularly fear reckless overseas engagements.

Foreign Affairs

15th June, 2018

On June 12, all eyes were on U.S. President Donald Trump and North Korean leader Kim Jung Un, in the first ever meeting between the heads of states of the two countries. Athough pundits debate whether it was North Korea or the United States that benefited the most from the summit, there was a less visible player that came out a clear winner: China.

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The Art of the Deal worked on Sentosa Island

Posted by seumasach on June 13, 2018

M.K.Bhadrakumar

Asia Times

13th June, 2018

Some statesmen by their sheer force of personality and unorthodox ways of politicking arouse disdain among onlookers. US President Donald is perhaps the most famous figure of that kind in world politics today.

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The Trump-Kim summit: can the Donald make the Deal?

Posted by seumasach on March 10, 2018

This is also an opportunity to turn China-US relations in a positive directions. China has obviously answered Trump’s exhortations to use its influence to resolve the Korea crisis and it may be able to respond to similar exhortations to deal with the US-China trade deficit with the thorny issue of Chinese investment into the USA facilitated by China’s enhanced image.

Alexander Mercouris

The Duran

10th March, 2018

The key to understanding Kim Jong-un’s summit offer to Donald Trump is that it is the product of negotiations which have been underway since October.

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Why Is the GOP Terrified of Tariffs?

Posted by seumasach on March 7, 2018

“The idea is not to keep foreign goods out, but to induce foreign companies to move production here.”,

I also assume that is the idea: otherwise it can only be pure madness. America’s rapid growth towards the end of the 19th century was also the result, not just of tariffs but of inward investment- in that case, from Britain who had decided to outsource the empire after the defeat of the Confederacy in the Civil War. Today, foreign investment provides the key to the reindustrialization of the USA and it is China in particular who can play that role. Prepare to hear Trump ringing out the slogan”The jobs are coming home!”

Patrick J.Buchanan

Buchanan.org

5th March, 2018

From Lincoln to William McKinley to Theodore Roosevelt, and from Warren Harding through Calvin Coolidge, the Republican Party erected the most awesome manufacturing machine the world had ever seen.

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China’s overture to Wall Street

Posted by seumasach on November 22, 2017

Greanville Post

14th November, 2017

For all the pomp and circumstance of Donald Trump’s Beijing trip, its most interesting outcome was a Chinese overture to the titans of global finance, currently ensconced in Wall Street and London. Given the big banks’ position at the apex of of the Western power structure, the move is highly strategic and bears close watching.

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Modi fine tunes ‘Act East’ policy

Posted by seumasach on November 15, 2017

The self-isolationism of the US under Trump is spurring the integration of South -East Asia as well as, together with Brexit, European integration. The Trump presidency is serving as a catalyst for the emergence of a multipolar world. The big question remains: how can the USA integrate itself into the multipolar process?

M.K.Bhadrakumar

Indian Punchline

15th November, 2017

Static diplomacy, like stale fish, stinks. Therefore, it is gratifying to see the delightful vagueness of the formulation in Prime Minister Narendra Modi’s opening statement at the 15th ASEAN-India Summit at Manila on Monday, while referring obliquely to the South China Sea. PM Modi said: India’s Act East Policy is shaped around the ASEAN, and its centrality in the regional security architecture of the Indo-Pacific region is evident… India assures the ASEAN of its steady support towards achieving a rules-based regional security architecture that best attests to the region’s interests and its peaceful development.

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China may be Trump’s best hope to ‘make America great again’

Posted by seumasach on October 13, 2017

This is the key issue of the Trump presidency behind all the rhetoric, the posturing and the threats. If Trump can consolidate a partnership with China we will know that there is method in his madness. Otherwise it is simply madness with Trump breaking America’s old partnerships whilst failing to create new ones.

Asia Times

13th October, 2017

China is not America’s enemy or competitor or whatever name the US anti-China crowd labels it with. It is not challenging US global supremacy or stealing its jobs, as many in America claim. On the contrary, the Chinese and US economies are increasingly intertwined, becoming each other’s largest trade partners and major investors.

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Trump’s ‘America First’ reappears centre stage

Posted by seumasach on May 6, 2017

M.K.Bhadrakumar

Indian Punchline

4th May, 2017

The US President Donald Trump’s foreign policy team bears an appearance of being dominated by the military brass. This in turn engendered the perception that Trump’s ‘America First’ foreign policy is not going to happen. But in reality Trump has been biding his time. One sign of it has been the slow, unobtrusive emergence of state secretary Rex Tillerson at the centre stage of policy-making in the recent weeks. (I subscribe to the opinion that Tillerson was an inspired choice President-elect Trump had made in his cabinet appointments.)

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Trump’s NSA bluffed. No sunlight between China and Russia

Posted by seumasach on April 19, 2017

“No matter Trump’s game plan to drive a wedge between China and Russia by exploiting Xi’s interest in a ‘new type of major country relations’ with US, it is preposterous that Beijing will allow any erosion to the Sino-Russian entente. The point is, for both China and Russia, their number one priority in world politics will be to push back at US hegemony and there is no daylight possible here between them for a foreseeable future.”

M.K.Bhadrakumar

Indian Punchline

18th April, 2017

The Chinese Foreign Ministry announced earlier today that the Director of the General Office of the Communist Party of China Li Zhanshu will visit Russia on April 25-27 at the invitation of his counterpart, head of the Presidential Administration in the Kremlin Anton Vaino. The Foreign Ministry spokesman Lu Kang said in Beijing that the two officials will discuss China-Russia relations “as previously agreed on by the countries’ leaders” and that the Chinese side is confident that the visit will further galvanize Sino-Russian ties. (TASS)

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Did Rex Tillerson dance to China’s tune?

Posted by seumasach on March 23, 2017

Asia Times

22nd March, 2017

For all his tough talk in Tokyo and Seoul, Rex Tillerson adopted a remarkably soft tone when he met China’s president and officials in Beijing during the last stop of his first Asian tour as US secretary of state last week.

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President Xi meets U.S. Secretary of State

Posted by seumasach on March 19, 2017

“The U.S. side is ready to develop relations with China based on the principle of no conflict, no confrontation, mutual respect and win-win cooperation, said Tillerson.”

As Trump seeks to actively undermine the Atlantic Alliance with both the UK and the EU, he appears set for a closer engagement with China. This approach closely corresponds to US national interests since only through partnership with China can the US rebuild it’s infrastructure and industrial base.

Xinhua

19th March, 2017

BEIJING, March 19 (Xinhua) — President Xi Jinping met here Sunday with visiting U.S. Secretary of State Rex Tillerson, saying that cooperation is the only correct choice for both countries.

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