Please ensure Javascript is enabled for purposes of website accessibility
Zakaria: America's Dangerous Retreat on Trade
GV-Wire-1
By gvwire
Published 6 years ago on
November 19, 2018

Share

President Donald Trump has made plenty of waves with his approach to trade and the effect are rippling across the globe.

Washington Post columnist Fareed Zakaria says that poses risks for the world’s economies as well as for peaceful co-existence between nations.

“Few ideas have been as thoroughly tested through history as the notion that trade raises a country’s income and living standards — Fareed Zakaria

“Few ideas have been as thoroughly tested through history as the notion that trade raises a country’s income and living standards,” Zakaria says in his Nov. 15 commentary. “It can also create habits of cooperation, even peace, as it has done in Europe and as it might help do in Asia.”

But the United States has become a lesser player in the Asia Pacific region as China continues to increase its dominance. The absence of President Trump from two major trade summits this month emphasizes America’s diminishing interest in Asian markets.

The U.S, Zakaria says, “does not take the time to attend meetings, shape the agenda, shore up its alliances or deepen its ties in the region.”

Dangers of Isolationism

Beyond the lost opportunity for expanding American trade, Trump’s isolationism has larger implications. To make his point, Zakaria reflects on President Ronald Reagan’s cautionary words in 1998:

“The expansion of the international economy is not a foreign invasion; it is an American triumph, one we worked hard to achieve, and something central to our vision of a peaceful and prosperous world of freedom.”

You can read Zakaria’s full commentary, What effect does the Trump circus have on the world?, at The Washington Post.

DON'T MISS

Jeffrey Sachs Warns of Looming US War With Iran

DON'T MISS

Cat House on the Kings Urgently Needs You to Donate Dollars and Adopt Your New Best Friend

DON'T MISS

The Surprising Sexual Politics of Nicole Kidman’s Kinky ‘Babygirl’

DON'T MISS

Why It’s Hard to Control What Gets Taught in Public Schools

DON'T MISS

FDA Approves Weight-Loss Drug to Treat Obstructive Sleep Apnea

DON'T MISS

In a Calendar Rarity, Hanukkah Starts This Year on Christmas Day

DON'T MISS

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

DON'T MISS

It’s Eggnog Season. The Boozy Beverage Dates Back to Medieval England but Remains a Holiday Hit

DON'T MISS

9-Year-Old Among 5 Killed in Christmas Market Attack in Germany

DON'T MISS

Biden Signs Bill That Averts Government Shutdown, and Brings a Close to Days of Washington Upheaval

UP NEXT

The Surprising Sexual Politics of Nicole Kidman’s Kinky ‘Babygirl’

UP NEXT

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

UP NEXT

9-Year-Old Among 5 Killed in Christmas Market Attack in Germany

UP NEXT

Tax Loopholes Cost California and Its Cities $107 Billion but Get Little Scrutiny

UP NEXT

24 for 24

UP NEXT

Did You Know Fresno County Doesn’t Have a Tax Assessor?

UP NEXT

US Deportations Surge to Highest Level in a Decade Before Trump Takes Office

UP NEXT

White House Pushes to Find American Journalist Abducted in Syria

UP NEXT

Iran’s Rial Hits a Record Low, Battered by Regional Tensions and an Energy Crisis

UP NEXT

Congress Can Give Us Clean Affordable Energy in 2025

Why It’s Hard to Control What Gets Taught in Public Schools

15 hours ago

FDA Approves Weight-Loss Drug to Treat Obstructive Sleep Apnea

15 hours ago

In a Calendar Rarity, Hanukkah Starts This Year on Christmas Day

16 hours ago

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

16 hours ago

It’s Eggnog Season. The Boozy Beverage Dates Back to Medieval England but Remains a Holiday Hit

16 hours ago

9-Year-Old Among 5 Killed in Christmas Market Attack in Germany

16 hours ago

Biden Signs Bill That Averts Government Shutdown, and Brings a Close to Days of Washington Upheaval

17 hours ago

This French Bulldog Is So Fetch: Meet Toaster Strudel

18 hours ago

The Fed Expects to Cut Rates More Slowly in 2025. What That Could Mean for Mortgages, Debt and More

21 hours ago

New California Voter ID Ban Puts Conservative Cities at Odds With State

22 hours ago

Jeffrey Sachs Warns of Looming US War With Iran

In a recent interview, renowned economist Jeffrey Sachs outlined his concerns about the possibility of war with Iran, framing it as the culm...

13 hours ago

13 hours ago

Jeffrey Sachs Warns of Looming US War With Iran

14 hours ago

Cat House on the Kings Urgently Needs You to Donate Dollars and Adopt Your New Best Friend

15 hours ago

The Surprising Sexual Politics of Nicole Kidman’s Kinky ‘Babygirl’

15 hours ago

Why It’s Hard to Control What Gets Taught in Public Schools

15 hours ago

FDA Approves Weight-Loss Drug to Treat Obstructive Sleep Apnea

16 hours ago

In a Calendar Rarity, Hanukkah Starts This Year on Christmas Day

16 hours ago

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

16 hours ago

It’s Eggnog Season. The Boozy Beverage Dates Back to Medieval England but Remains a Holiday Hit

Help continue the work that gets you the news that matters most.

Search

Send this to a friend