President Donald Trump is sending his trade envoy to Beijing Thursday for two days of talks before the Chinese vice premier Liu He makes his way to the United States.
Robert Lighthizer and Steven Mnuchin are on their way to lay the groundwork, but President Trump is the only one who can make a deal. Mnuchin scored a nice win by saving the stock market when anti-Trump manipulators tried to crash it on Christmas.
Trump’s ambitions are massive, but his hand is stronger than ever. American tariffs on Chinese goods hit China hard. The Chinese actually had a terrible 2018, their worst year for economic growth since 1990, when the free-trade globalist Bush agenda took shape. China’s entry into the World Trade Organization in 2001 devastated the American manufacturing sector, coupled with the effects of NAFTA and more than $1 trillion in taxpayer spending for the Iraq War.
China is now on defense, and their ally Kim Jong Un seems to be working well with Trump and Mike Pompeo to de-escalate the nuclear threat that China has exploited for decades. Is Un sincere? At least in public.
Trump has always maintained that he wants China to do well, and Larry Kudlow has said that “we can help them.”
The Chinese have already agreed to purchase more than $1.2 trillion in additional American goods, which will knock out the US-China trade deficit by the year 2024.
But there are other big problems. The Chinese commit intellectual property theft against American tech innovators in extremely harmful ways.
President Trump also wants the United States to have 5G technology without relying on Chinese companies who will only increase the spying that is done on American citizens.
Safe travels, Lighthizer and Mnuchin!
HISTORIC: President Trump Brokers Two-State Solution Between Israel and Palestine
On August 13, 2020, Israel and the United Arb Emirates announced that they will normalize diplomatic relations and establish new broad-based ties.
This represents a pivotal moment in Middle Eastern politics, as the hot-button political issues shift from the issue of Palestine to Iran. The Trump administration helped broker this deal.
Under this new agreement, Israel has nominally agreed to stop its plans to annex the areas of the occupied West Bank. This agreement also solidifies opposition to Iran, which has become stronger ever since the U.S. launched its disastrous invasion of Iraq in 2003. At the moment, the U.S. views Iran as the principal threat in the Middle East.
Israel previously signed peace agreements with Egypt in 1979 and Jordan in 1994. Up to this moment, the UAE and most other Arab countries did not maintain formal diplomatic or economic relations with the country until now. In normalizing relations with Israel, the UAE became the first Gulf Arab country to reach such an agreement with the Jewish state.
According to White House officials, the agreement was the result of extended discussions between Israel, the UAE, and the U.S.
In a joint statement featuring President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, and Abu Dhabi’s Crown Prince Sheikh Mohammed Bin Zayed, they declared that they had “agreed to the full normalisation of relations between Israel and the United Arab Emirates.”
“This historic diplomatic breakthrough will advance peace in the Middle East region and is a testament to the bold diplomacy and vision of the three leaders and the courage of the United Arab Emirates and Israel to chart a new path that will unlock the great potential in the region,” the statement read.
Reuters reported that in another statement, the crown prince highlighted that the agreement would prevent further Israeli annexation of Palestinian land, which Israel claims to have been waiting for U.S. approval.
The agreement is known as the Abraham Accords. It provides Trump a foreign policy accomplishment as he pursues re-election in November.
“HUGE breakthrough today! Historic Peace Agreement between our two GREAT friends, Israel and the United Arab Emirates,” Trump Tweeted.
HUGE breakthrough today! Historic Peace Agreement between our two GREAT friends, Israel and the United Arab Emirates!
— Donald J. Trump (@realDonaldTrump) August 13, 2020
In a separate tweet, Jared Kushner, Trump’s son-in-law and senior advisor, announced that the Trump administration was able to get Israel to agree with Palestinian people on a two-state solution.
The White House’s Twitter account announced this development:
President @realDonaldTrump was able to get Israel to agree to a two-state solution with the Palestinian people—and, for the first time in history, agree to a map that outlined the territory.
President @realDonaldTrump was able to get Israel to agree to a two-state solution with the Palestinian people—and, for the first time in history, agree to a map that outlined the territory. pic.twitter.com/8r3DWmzzOx
— The White House (@WhiteHouse) August 13, 2020
The Trump administration revealed that deals similar to the UAE and Israeli agreement are being crafted by Israel and other Arab states.
This marks a change in strategy from the nation-building of the Obama and Bush administrations, which largely benefited the defense industry, and relied upon misguided hard power instead of smart diplomacy to settle disputes.
Time will tell if such policies will last.
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