Fareed: Trump’s flip-flopping bad for US reputation abroad

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listen closely this is why we agree today first of all to work together towards zero Terrace 09 tariff barriers and zero subsidies on non Auto industrial good thank you what you just heard from Wednesday’s joint press conference between the presidents of the European commission and the United States was the sound of Donald Trump backtracking once again this is what routine It Go something like this Begin by hurling insults at the other side some of which have a basis in reality but I’m mostly wild exaggerations extreme consequences then meet with the other side and frankly announce that you have saved the world from a crisis that your rhetoric and actions caused in the first place call it the Donald Trump to step think about Trump’s actions with regard to North Korea he began by calling Kim a Madman who doesn’t mind starving or killing his people and threatening fire and fury he saw his own prices by making unilateral concessions to Kim and gushing about how the North Korean people loves their absolute dictator the same pattern applies with the European Union which he only recently described as worse than our enemies now he tells us after the meeting was drunk that the EU and America truly love each other expect Similac climb down on China one of these days there are those who assert the daughter from semen live bizarre and unpredictable behavior is actually all part of a Kenny & Y strategy that he’s playing the kind of four-dimensional operating in space-time well if so he’s getting badly beaten the Cure on Earth and none of these situations has he actually been able to extract real concessions and there is a cost to this Bluster and flip-flopping Trump is creating a reputation for the United States as a erratic unpredictable unreliable and fundamentally hostile to the global order leader after leader in Europe has made this clear George Osborne told me that when he was Finance Minister you knew the United States president had your back not the Britain or any other country can be sure this anymore he says the most tangible data suggesting the United States is losing its good reputation comes The Economist Adam posin he argues that countries are not bypassing the United States and constructing a post American World economy you can see this in the flurry of trade agreements that don’t include the us from the transfer partnership with sign Midas America to the preview of the European Union just signed with Japan and many others that are in the works the most dramatic indication of the world sidestepping the US Postal Service is the decline in foreign investment in America is falling off a cliff he told me on average net foreign investment into the US has dropped by half since 2016 complaint other countries are growing faster than the us but for decades that reality has been counted by another reality that among the wolves which nations America was unique and having strong growth prospects coupled with predictable pro-market policies on trade and allies his willingness to punish and reward individual companies in his General and reliability all add up to a picture of policy-making that looks more back of an erratic developing-country run by a strong man the difference is America strong man has the power to disrupt the entire global economy
CNN’s Fareed Zakaria says that when President Donald Trump insults world leaders like Kim Jong Un and institutions like the European Union and later backtrack as if he didn’t mean them, Trump is creating a reputation for the United States as erratic, unpredictable, unreliable and fundamentally hostile to the global order.

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