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 its conclusion, the 2016 presidential election had proven itself to be one of the most unprecedented elections cycles in recent memory Republican candidate Donald Trump, a self-proclaimed Washington outsider, scored an electoral victory of Democratic candidate Hillary Clinton earning him the role as 45th president of the United States. Though Donald Trump was criticized for polarizing the electorate with rhetoric seen as discriminatory, the building of a wall on the United States-Mexico border and banning Muslims entry to the United States, it is inarguable to claim that his rhetoric on economic matter was divisive. In matter of speaking, it could be considered quite appealing. For many in the electorate, just the simple conversation

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

This tone directly contrasts Congress’s GOP-led attempt to gut the independent ethics committee, and as a result, House Republicans faced backlash from the president over Twitter: “With all that Congress has to work on, do they really have to make the weakening of the Independent Ethics Watchdog, as unfair as it may be, their number one act and priority” (Trump, 2017). Additionally, Trump’s promised agenda, however nebulous and fickle it may be, proposes massive infrastructure spending, sharp tariffs on specific imports, and some flip-flopping opposition to regional trade deals and treaties such as the Trans-Pacific Partnership (TPP), North American Treaty Organization (NATO), and North American Free Trade Agreement (NAFTA). These aspects of his potential agenda do not align with those of his more traditional Republican predecessors, and while the Trump administration has yet to enact legislation or an executive order that openly clashes with the establishment, his foreshadowed divergence from longstanding conservative ideology parallels the relationship Carter had with the New Deal regime.

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.

Throughout this presidential election process, Americans have been forced to recognize several different issues in the economy. Out of the main issues that are being debated and will continue to be debated, immigration seemed to be the one of the most focus due to it’s crucial impact on countries world wide. Both Hillary Clinton and Donald Trump’s views on immigration were presented numerous times throughout the election and Americans formulated whom they would vote for partially based on these views. Within our nation, the issue of immigration has become one of the most talked about topics in politics because of the significant impact it has on the American people. In summation, Hillary Clinton believed in bringing families that were separated by the immigration process back together, and to create an easier and more efficient immigration process. In contrast, Donald Trump believed in building a wall across the borders of the United States and Mexico to prevent illegal immigrants from entering the country while also trying to speed up the immigration process. Three major newspaper companies, (The New York Times, The Guardian, and The Washington Post) were found to be the most intriguing sites that discussed immigration and the views of the American people along with factual information that represents the affects of immigration in general.

While on the surface it seems that a free trade area would always be a

Another liberal idea that Donald Trump has is he wants to increase tariffs especially against China. He believes that China is stealing American jobs and wants to increase the tariffs on China. Donald Trump said in a speech that he gave on June twenty eighth “China’s entrance into the World Trade Organization has enabled the greatest jobs theft in history.” This would hurt Chinese exports but at the same time increases prices of goods and services for American consumers. Also Donald Trump wants to designate Chine a currency manipulator. A currency manipulator occurs when one government buys or sells foreign currency in exchange for their own domestic currency. But while Donald Trump wants to increase tariffs Hilary Clinton does not. But, she

The U.S. trade deficit has risen more or less steadily since 1992. In the second quarter of 2004, the trade deficit relative to GDP surpassed the 5 percent mark for the first time. Many economists already considered trade deficits above 4 percent of GDP dangerously high. The fear is that continued growth in this external imbalance of the U.S. economy will ultimately spook overseas investors. http://www.americanprogress.org/issues/2004/09/b193700.html

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 (TPP) is an economic free trade agreement currently being negotiated between New Zealand and 11 other Pacific Rim nations (Wyber & Perry, 2013). It seeks to reduce trade restrictions including tariffs, create shared guidelines for intellectual property rights, sanction codes for environmental and labour regulations, and create an investor-state dispute settlement (ISDS) system (Fergusson, McMinimy & Williams, 2015). The implications of the TPP are immense, encompassing nearly 40% of global gross domestic product (GDP), with the potential to affect various aspects of a nations’ domestic policy environment (Wyber & Perry, 2013). On-going formal mediations have taken place since 2008; however public interest in the ramifications of the agreement has increased as negotiations have proceeded (Wyber & Perry, 2013). This is likely a result of its growing media coverage, which has raised public awareness to the issue. The private nature of TPP negotiations has evoked widespread controversy and debate throughout the media (Jairath, Johnstone & Moore, 2015). While confidentiality amid trade agreements is common, some consider that the TPP has been concealed in specific secrecy, giving more influential power to industries involved (Wyber & Perry, 2013).

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.