Site icon The Punching Bag Post

Foreign Relations on the Road to Recovery

<p>Foreign relations may have deteriorated in recent years&comma; but Donald Trump&&num;8217&semi;s election is already starting to patch up many of the rifts opened up by Hillary and Obama&period;&nbsp&semi;<&sol;p>&NewLine;<p>As I wrote on Sunday&comma; Russian President Vladimir Putin and Filipino President Rodrigo Duterte have both offered their congratulations to the President-elect&comma; the latter even promising to reverse his decision to cancel military exercises between the two nations&period; &nbsp&semi;&nbsp&semi;<&sol;p>&NewLine;<p>Russian Deputy Foreign Minister Sergei Ryabkov stated that Russia is ready to begin repairing relations with the US despite knowing little of Trump&rsquo&semi;s policy plans&period; Authorities realize there will be differences between Trump&rsquo&semi;s election campaign promises and the policies he will implement once in office&comma; and&nbsp&semi;Ryabkov reminds us that Russia remains in full support of the nuclear deal with Iran despite Trump&rsquo&semi;s vow to dismantle it&period;&nbsp&semi;<&sol;p>&NewLine;<p>Chinese President Xi Jinping was less enthusiastic with the election results&comma; but seems ready to move beyond past grievances&period; &ldquo&semi;The facts prove that cooperation is the only correct choice for China and the United States&comma;&&num;8221&semi; said Xi&period;&nbsp&semi;<&sol;p>&NewLine;<p>Trump was not kind to China during his campaign&comma; promising to tax imported goods by as much as 45&percnt; and label the nation a currency manipulator&period; &nbsp&semi;<&sol;p>&NewLine;<p>There has been much speculation as to how Trump&rsquo&semi;s victory will affect issues facing the world&rsquo&semi;s two greatest economies&comma; but according to Trump&rsquo&semi;s presidential transition office the two leaders have &ldquo&semi;established a clear sense of mutual respect&period; &nbsp&semi;<&sol;p>&NewLine;<p>We must work together to &ldquo&semi;promote the two countries&rsquo&semi; economic development and global economic growth&comma;&rdquo&semi; said Xi&comma; and &ldquo&semi;push for better development going forward in China-US relations&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p>Trump&rsquo&semi;s election was a death knell for the US-led TPP&comma; but China hopes to establish an Asia-Pacific free trade area and plans to promote this idea at an upcoming summit in Peru&period;<&sol;p>&NewLine;<p>Meanwhile&comma; <em>The Global Times<&sol;em> reports that China would &ldquo&semi;paralyze&rdquo&semi; bilateral trade if Trump makes good on his promise to tax imported goods&period; The paper pointed out that such a move could have disastrous effects on Apple and US auto sales in China&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;Trump&comma; coming from a business background&comma; is very astute&period; We do not believe he will treat China-US trade so childishly&comma;&rdquo&semi; the report continues&period;<&sol;p>&NewLine;

Exit mobile version