Barack Obama And Donald Trump 's Views On The Trade System Essay

Donald Trump’s signature topic during his presidential campaign has been illegal immigration. He has generated headlines and controversial remarks during his plans for change. In 2015, when he announced he was running for president, Donald Trump claimed Mexico was sending all their rapist and violent criminals into the U.S. (Gabbatt, 2015). He also called for the deportation of an estimated eleven million illegal immigrants.

To begin I will be discussing Trump’s plan to stop NAFTA. Stopping NAFTA would be horrific for Canadian society. Canadian society acquires thousands of items from the U.S that can’t be produced in Canada for instance products like oranges, lemons, limes and mangos. During 2015 the United States imported $295.2 billion from Canada and exported $280.3 Billion to Canada. Without NAFTA all goods would have a tax costing Canada Millions of Dollars.

Trump and Clinton are both running for the presidency of the United States. One of the candidates is totally inexperienced and the other is experienced. Trump and Clinton stand for complete opposites of policy and political beliefs on taxes, immigrants and abortions.

The 2016 Presidential Election has been the most raging election in history. Donald Trump and Hilary Clinton are our major candidates who have a chance to hold presidency in 2016. Trump is the Republican Party representative, and Clinton is the Democratic Party representative. The presidential candidates Trump and Clinton both believe that the current issues on immigration are not effective; they additionally have different ideas on how to correct the problem.

Since the beginning of American politics, we have lived in a two party political system. These two parties play a very important role in our government, they are a source of ideas for public policy, and they legally oppose each other, forcing compromises of ideas that are beneficial to the people of the United States of America. Though these two parties generally always oppose each other on the issues, some people believe that there are not significant differences between the Democratic National Party and the Republican National Party. When the domestic economic issues of the 1996 and 1992 presidential elections are examined, the Republican National

Simon Lester’s article from Newsweek, “Trump’s Trade Wall Will Make Americans Poorer,” claims that Donald Trump’s wall is a horrendous idea. Since there is a decent chance that Donald Trump will become the new president of the United States, this is the prime time to dissect his beliefs to “make America great again.” Since the end is near, every candidate needs to be evaluated thoroughly to be sure the best candidate is selected.

Donald Trump the republican nominee for president has many different policies he wants to implement if elected. In an article from USA Today, he discussed his policy at a rally in Monessen, Pa talking about how globalization and free trade are job killers. Trumps goes on to say "Globalization has made the financial elite who donate to politicians very, very wealthy ... but it has left millions of our workers with nothing but poverty and heartache."

First, he wants to “appoint the toughest and smallest trade negotiators to fight on behalf of American workers.(Fernandez 1). Mr. Trump wants to understand and see where the American workers’ jobs are going. Furthermore, he wants to note why millions of Americans don’t have jobs and who are taking them away. To do that he has to first renegotiate NAFTA or get rid of it (Fernandez 2).What is NAFTA and what mess it is creating? Basically, a trade agreement between the USA, Mexico and Canada formed by Bill Clinton, and it has let many Americans without jobs because most of them have gone to Mexico. That is the main reason Donald J. Trump hates this agreement and how it has destroyed the United States economy to bits and pieces. Additionally, what makes Trump fierce is that China has been stealing American trade secrets for many years. He clearly stated, “If China does not stop its illegal activities, including its theft of American trade secrets, I will use every lawful presidential power to remedy trade disputes, including the application of tariffs consistent with Section 201 and 301 of the Trade Act of 1974 and Section 232 of the Trade Expansion Act of 1962” (Fernandez 3). Clearly, this shows that Trump is serious about his job and doesn’t care if he is dealing with China. China has been stealing all our trade secrets and Barack Obama didn’t do anything about it. In brief, this clearly shows that our future President has the characteristics and personality of a true leader that is ready for this great battle.

There are many organizations affected by the new trade policies. Two of the most important organizations are the TPP and NAFTA. NAFTA is a trade agreement between the U.S., Mexico, and Canada. President Trump wants to renegotiate NAFTA to improve it. The TPP is the Trans-Pacific Partnership, This trade deal includes the U.S. and many other countries. Donald Trump wants to drop out of the TPP and

The first topic that these candidates have spilled their views on would be how they would take on the trade system. Candidate Donald Trump’s views on the trade system are depicted in a seven-point plan. One, he would take the U.S. out of the Trans-Pacific Partnership; two, he is going to get trade experts to fight for the American workers; three, assign the secretary of commerce to uncover all issues with current trade agreements in efforts to protect the American workers; four, reestablish and negotiate terms with NAFTA; five, state that China’s currency is a manipulator; six, take action on trade cases against the Chinese and enforce the WTO; and seven, put an end to illegal activity that China partakes in and enforce action. (Hains, 2016) Trump makes it clear that if an agreement is not reached that the Unites States will walk from

Trump is also working on trade. He wants trade for more jobs in America instead of sending them all to other countries. Clinton wants

The North American Free Trade Agreement (NAFTA) is an agreement that lowers the trade restrictions between the neighbouring countries of the United States which include Canada and Mexico. It was signed by President George Bush on December 17th, 1992 and approved on November 20th, 1993 by the Congress and signed by President Clinton on December 8th, 1993. It came into effect on 1st January 1994 (Villarreal & Fergusson, 2015).

58% of Americans agree that foreign trade has been bad for the U.S. economy because cheap imports have cost wages and jobs here.

The Trans-Pacific Partnership is a controversial free trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam, which encompass forty percent of the total global economy, making it the largest trade deal signed in the last twenty years. While President Barack Obama has been pushing this agreement, many politicians have come out against it, including presidential hopefuls Donald Trump and Bernie Sanders, calling it a “disaster”. Companies such as Ford Motor Company has also come out against Trans-Pacific Partnership because there is not a currency-manipulation provision (Sehgal). The Trans-Pacific Partnership is also controversial in other countries that

Mercantilism was a sixteenth-century economic philosophy that maintained that a country's wealth was measured by its holdings of gold and silver (Mahoney, Trigg, Griffin, & Pustay, 1998). This recquired the countries to maximise the difference between its exports and imports by promoting exports and discouraging imports. The logic was transparent to sixteenth-century policy makers-if foreigners buy more goods from you than you buy from them, then the foreigners have to pay you the difference in gold and silver, enabling you to amass more treasure. With the treasure acquired the realm could build greater armies and navies and hence expand the nation’s global influence.