Thu, Dec 07, 2017 - Page 9 News List

America First or America alone: Trump’s agenda of withdrawal

AFP, WASHINGTON

‧ The US president wants reform of UN “bureaucracy,” accusing the world body of bad management. Washington is the largest financial contributor to the world body.

US Ambassador to the UN Nikki Haley has stressed that Washington would continue evaluating its role in UN agencies.

CRITICISM

‧ On the campaign trail, Trump called NATO “obsolete” before qualifying his remarks and demanding that members of the alliance increase their defense budgets.

Once in office, Trump caused jitters among US partners by waiting almost six months before clearly stating his support for Article Five of the alliance’s treaty, which states that an attack on one ally is an attack on all.

‧ The US president regularly denounces “protectionist” measures by the EU and the US trade deficit with Germany.

Washington targeted Germany and six other nations in March with punitive anti-dumping duties on steel plates.

‧ Talks, begun in 2013, for the proposed US-EU Transatlantic Trade and Investment Partnership have been suspended, but US Secretary of Commerce Wilbur Ross has made it clear that the US side is only interested in a deal that would reduce US trade deficits.

‧ The WTO is also in the Trump administration’s sights. At a July meeting of the G20 group of major economies, US Secretary of the Treasury Steven Mnuchin did not exclude renegotiating multilateral accords.

Trump has said a border adjustment tax, which has been advanced by some Republicans to favor exports, could be a job creator. However, it could also be at odds with existing rules under the WTO.

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