Showing posts with label foreign trade. Show all posts
Showing posts with label foreign trade. Show all posts

Monday, March 25, 2019

'TRUMP OF THE TROPICS' - Brazil's Jair Bolsonaro

"How Trump and Brazil’s Bolsonaro align, both personally and politically" PBS NewsHour 3/19/2019

Excerpt

SUMMARY:  At the White House on Tuesday, President Trump welcomed Brazil’s president, Jair Bolsonaro, in the latter’s first bilateral foreign visit.  The two leaders share many similar views, as they reiterated at a press conference, and Bolsonaro represents Brazil’s first pro-U.S. leader in decades.  Nick Schifrin reports on how the two presidents hope to align their countries on trade and politics.

Monday, October 01, 2018

KOREAS - Progress on North Korea?

"Trump and South Korea’s Moon sound positive notes on North Korea progress" PBS NewsHour 9/24/2018

Excerpt

SUMMARY:  At the annual United Nations General Assembly, President Trump met Monday with South Korean President Moon Jae-in to talk about trade and the auto industry, as well as diplomatic outreach to North Korea.  Nick Schifrin joins Judy Woodruff to discuss what they said, and what to expect from the rest of the week.

Monday, May 29, 2017

TRUMP DIPLOMACY - First Overseas Trip Updated

IMHO:  Trump insults and shoves aside others, does not understand you don't negotiate EU issues with just one country.

And (as usual) it's Trump first, Trump all the time.

"On Iran and anti-extremism, Trump strikes different note from his predecessors" PBS NewsHour 5/22/2017

Excerpt

SUMMARY:  On his first trip abroad, President Trump met this weekend with Arab leaders in an attempt to reset relations between the U.S. and Middle East.  How is this president changing U.S. foreign policy?  Judy Woodruff speaks with Elliott Abrams, a former administration official under George W. Bush, Robin Wright of the United States Institute of Peace, and Daniel Benjamin of Dartmouth College.



"After tone-shifting speech in Saudi Arabia, Trump broaches peace prospects in Israel" PBS NewsHour 5/22/2017

Excerpt

SUMMARY:  President Trump is in Israel, where he spent the day talking up peace prospects in the region.  John Yang reports on the president's arrival and recaps Mr. Trump's high-profile address in Saudi Arabia over the weekend, then Judy Woodruff gets an update from Tamara Keith of NPR, who's reporting from Jerusalem.



"President Trump and Pope Francis trade gifts, not barbs, in first meeting" PBS NewsHour 5/24/2017

Excerpt

SUMMARY:  President Trump met privately with Pope Francis on Wednesday, his first audience with the leader of the Catholic Church, and with whom he has clashed publicly in the past.  Last year, the religious leader disavowed Candidate Trump's pledge for a border wall, prompting Mr. Trump to dig back.  Special correspondent Malcolm Brabant reports on their interaction at the Vatican.



"At NATO, Trump calls out allies on unpaid dues while staying mum on joint defense pact" PBS NewsHour 5/25/2017

Excerpt

SUMMARY:  At his first meeting of NATO leaders, President Trump again criticized the allies for falling short on their share of defense spending.  Mr. Trump was also the first U.S. President to not explicitly endorse NATO's collective dense clause.  Special correspondent Ryan Chilcote, reporting from Brussels, joins Judy Woodruff to discuss the reactions from European leaders and more.


NATO Secretary General Stoltenberg holds a news conference (33:41)


"How world leaders tried to bend Trump's ear during his first trip abroad" PBS NewsHour 5/26/2017

Excerpt

SUMMARY:  President Trump spent the final day of his first trip abroad in Sicily at a G-7 Summit, where he met with several world leaders to discuss issues such as climate change and trade.  It wrapped up a busy week with stops in Saudi Arabia, Israel and the West Bank, the Vatican and the headquarters of the European Union and NATO.  Hari Sreenivasan speaks with Margaret Talev of Bloomberg News.

Monday, September 12, 2016

ECONOMY - Waves of Change

"How one U.S.  company is trying to surf the tides of foreign trade" PBS NewsHour 9/8/2016

Excerpt

SUMMARY:  Trade has become a major theme of this year's presidential race -- how it affects jobs, wages and manufacturing in the United States.  Economics correspondent Paul Solman takes a look at one California-based surfboard company that has been bruised by its Chinese competition, and how the effects of foreign trade have impacted politics.

PAUL SOLMAN (NewsHour):  In San Clemente, California, Brad Parks and Shad Eischen, confined to wheelchairs since their teens, about to shred the surf.

SHAD EISCHEN, Surfer:  I figured, if I'm still alive now, you know, this is the least thing that's going to worry me.

PAUL SOLMAN:  OK, sit-down surfing on a waveski, but plenty of challenge if you're paraplegic.

BRAD PARKS, Surfer:  I'm having just a blast out here just meeting new guys and being down here and surfing.

PAUL SOLMAN:  The man who designed and shaped their Waveskis is surfing legend Steve Boehne, who regular viewers might recall complaining about unfair trade here on the “NewsHour” three years ago.

STEVE BOEHNE, Founder, Infinity Surfboards:  Ninety-five percent of the boards being sold in the world weren't made by us in California, who started the surfboard industry.  They're being made in other countries.  And so my workers are competing for a job against a guy in another country who's making a 10th of his wages.

PAUL SOLMAN:  This has become a main theme of this year's presidential campaign.  But it turns out Steve Boehne was ahead of the curve, or at least ahead of most economists, who have argued since Adam Smith that trade is the key to economic growth by spurring competition and thus lowering prices, and arguing that, in our era, technology replaces jobs, not cheap foreign labor.

GORDON HANSON, Economist, University of California, San Diego:  But as we went into the 2000s, with the rise of China, the situation changed.

PAUL SOLMAN:  It's what economist Gordon Hanson learned from a soon-to-be published academic study he co-authored,  that Chinese imports really did hurt U.S.  wages and employment, but selectively.

GORDON HANSON:  What we were surprised by was that those effects were not distributed kind of broadly and evenly across blue-collar workers in the United States, but really concentrated on industries and workers and communities that produce goods that compete in the same arenas that China does.