Tag Archives: Trade

Bully Trapped? Trump Fears China and Pyongyang, Focuses Attacks on Iran, Mexico and Canada…..

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So Donald Trump is scared witless of little Kim Jong Un. The Cute Leader of Pyongyang is saber-rattling, begging for attention, knowing he’s got Donald by the little balls (his artillery is focused on Seoul). Trump seems paralyzed by the events on the Korean Peninsula. The chubby dictator apparently means business, won’t be bullied by the bully of Pennsylvania Avenue. What to do?
Simple, exit stage left, threaten faraway Iran (which is abiding by its treaties especially JPCOA nuclear deal even though the US is not, not really). So, if Pyongyang continues its nuclear advance, Trump will provoke a war with Iran, with full approval of the Democrat chickens in Congress. Then escalate the genocidal Arab onslaught against poor Yemen. Maybe hint at firing another few futile Tomahawks on some empty Syrian military base after more phony complaints of WMD use by Jihadi proxies of Arab kings and princes (that should get CNN pundits and fearful Democrats cheering, it did last time).

Nothing as satisfying to a New York brawler as a few cheap shots below the belt. But I do wish they would start wars with someone else: every time they get in trouble they think of waging another Muslim war. Bomb someone else this time: bomb Asia, Europe, Australia, Mars, Uranus (Donald). Just leave the Middle East alone, will you?

Trump is unhappy about the trade situation (including allegations of currency exchange rate manipulation) with China. During the campaign he sounded tough, promised to reshuffle the trade ties. Now he seems scared witless of China (not the least the impact on potential family business interests). So? He spins and attacks Mexico and Canada. More cheap shots below the belt.

Cheers
Mohammed Haider Ghuloum

Iran’s Khamenei Does a Trump: MAGA becomes MIGA……

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“Supreme leader Ayatollah Ali Khamenei fleshed out his vision of a “Made in Iran” economy Tuesday, calling for a ban on certain imports and an end to the $15-billion smuggling trade. The annual speech on the first day of the Persian year serves as a sort of Iranian equivalent to the US State of the Union address, and Khamenei used it to provide more details about his calls for a self-sufficient “resistance economy” that has been his main theme in recent months. “The importing of products where an Iranian equivalent exists should be considered religiously and legally haram (forbidden),” he told a huge crowd in the holy city of Mashhad. He took aim at Iran’s rampant black market in smuggled goods, which he said was worth at least $15 billion annually. “Some speak of $20-25 billion,” he said. “We want greatness for our country, social well-being and security at the national level. Without a strong economy we cannot achieve all that…..”

Ayatollah Khamenei sounds almost like a Trumpista, but only in the economics of trade sense. I am exaggerating a bit: clearly Khamenei does not believe in a trickle-down economy, now set to become a gushing-up economy under Trump. He does not have a gaggle of billionaires around him defining his own “populist” comfort zone in Tehran. He mostly favors fellow mullahs.

Not as bad as many other Middle East leaders these days. Some groveling Arab leaders are the worst offenders, effectively throwing their fellow Muslims under the bus to please Trump. Before the November elections they expected a resounding Hillary Clinton victory. Their Wahhabi-Liberal mouthpieces in the press and social media obediently excoriated Trump. But that was then.

Soon after Mr. Trump issued his first unconstitutional Executive Order banning many Muslims from travel to the USA, surprisingly including legal residents, some Arab kings and princes reacted positively. Particularly Saudi and UAE rulers, who have certain demands of Mr. Trump for their own regional agendas, quickly praised his move. Even as many Americans and the US courts stood against it. Their hasty positive reaction was uncalled for, it was voluntary, did not even wait for the US court decisions, which turned out as I had expected.

Khamenei is also applying some pressure on President Rouhani in his election year, distancing himself from an economy that has not done as well. Some Iranian officials have recently expressed disappointment that the Nuclear Deal has not helped the economy as much as they had expected.

But the Iranians have become good at managing under forced self-sufficiency. The long decades of mostly-American sanctions have forced them to produce many of the tools, equipment, and weapons they have needed. An unintended positive by-product of the economic siege. Even with the reduction and lifting of sanctions, their country will continue to produce many of the goods it has been forced to make under the economic siege.
So, maybe its is the other way around: maybe Mr. Trump’s “Made in America” message is an imitation of the forced “Made in Iran” policy on the other side of the world. Ali Khamenei has not uttered the term “Make Iran Great Again” (MIGA), but his occasional exhortations and policy statements sound similar to “Make America Great Again” (MAGA). Without the goofy red Trump hat.

More on this later, stay tuned.

Cheers
M. Haider Ghuloum