The Trump Effect: Nations around the world rushing to re-negotiate deals with U.S. even before he gets into office

The Trump Effect: Nations around the world rushing to re-negotiate deals with U.S. even before he gets into office by Kenneth Schortgen, Jr.

There is an interesting concept that perhaps even alternative economists, much less mainstream shills, never took into account… and that is that perhaps many of the trade deals that ended up removing American jobs twenty years ago weren’t exactly in the best interests of those who signed them.

It is this idea that may be behind the massive rush following Donald Trump winning this week’s Presidential election that is causing a multitude of country’s to publicly call for a re-negotiating of trade and other deals well before the Donald even takes the oath of office.

Philippines:  Foreign Policy Deal

“Trump has barely been president elect for one day, and he is already fixing the foreign policy mistake of his predecessor.

What a difference a presidential election makes: after lashing out on an almost daily basis at outgoing American president Barack Obama, calling him “son of a whore” and telling him he can “go to hell”, Philippine President Rodrigo Duterte joined Vladimir Putin in congratulating Donald Trump on his election success, and said on Wednesday he now wishes to stop quarrelling with the United States, recalling his anger at the Obama administration for criticising him.

The maverick leader, incidentally known as “Trump of the East” for his unrestrained rants and lewd remarks, has repeatedly hit out at Washington in recent months, threatening to cut defense pacts and end military joint drills. “I would like to congratulate Mr. Donald Trump. Long live,” Duterte said in a speech to the Filipino community during a visit to Malaysia.

— Zerohedge

Canada:  Nafta Trade Deal

“The Canadian government would reconsider the terms of the North American Free Trade Agreement (NAFTA) with Trump’s team, according to the ambassador to the United States, David MacNaughton.

“Obviously any trade deal can be improved, and to the degree that the president-elect of the United States wants to see improvements to NAFTA, we’d be happy to sit down and talk,” he said as quoted by CBC News Network.

— Russia Today

Russia:  Foreign policy (including the ending of sanctions)

“With Donald Trump as US president-elect, there is a chance the sanctions against Moscow would be curbed, suggests Russian Economic Development Minister Aleksey Ulyukaev.

”I can only say that the window of opportunity is opening and we will use it,” he said in an interview with German newspaper Die Welt, quoted by RIA Novosti. He was asked about the future of US sanctions against Russia.

— Russia Today

European Commission virtually gives up on TTIP

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