Monday, July 31, 2017

Trump’s 'America First' vs. McCain’s 'America Last'

PJ Media ^ | July 28, 2017 | David P. Goldman 

Not the supposed protectionist Donald Trump, but the “free trade” wing of the Republican Party has taken the United States into a trade war that it can only lose. New sanctions against Russia passed by the House and Senate last week force Europe into a de facto alliance with Russia against the United States, and by extension with China as well. It is the dumbest and most self-destructive act of economic self-harm since the United States de-linked the dollar from gold on August 15, 1971, and it will have devastating consequences. The charade in the House and Senate may embarrass Trump, but it also poses a threat to European energy supplies as well as an extraterritorial intrusion into European governance. Berlin, Paris and Rome will conspire with Moscow to circumvent the sanctions while attacking the United States at the World Trade Organization and other international fora.
Sen. John McCain (R-AZ), Sen. Charles Schumer (D-NY), and their counterparts in the House of Representatives allowed their dudgeon against a sometimes provocative president to overwhelm their sense of self-preservation. The sanctions will hurt Russia, but not nearly as much as they will hurt the United States over the long term. The White House envisioned sanctions as a bargaining chip, to be used to persuade Moscow to behave in the Ukraine and to limit the ambitions of its Iranian ally of convenience. In their present form, however, the president will have no authority to remove sanctions imposed by Congress. That turns a feint into a threat. Wars have been started over less.
The Democrats along with the McCain Republicans, it will be remembered, accused Trump of undermining the Atlantic Alliance....
(Excerpt) Read more at pjmedia.com ...

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