Thursday, September 7, 2017

The Monetization of International Relations




“The point is that you can’t be too greedy.” The author of this saying, President Trump, is brazenly monetizing international relations. He demands more money from the NATO members for common defense. He urges Mexico to pay for the wall. He is slashing financial assistance to allies (except Israel). He vies to renegotiate trade agreements. He proposes to impose tariffs on Mexican and Canadian goods in violation of international trade laws. He campaigned in the 2016 presidential election to declare China as a currency manipulator. Much like a Las Vegas tycoon, Trump views the world as a big casino where the U.S. is losing money. Trump fancies rigging the international game for the U.S. to come out as a tireless winner.