Research Paper on Retaliation at European Union for Unfair Trade Policies

The President of the United States has recently talked about the European Union for trade policies which he termed to be quite unfair to the United States. This paper extensively reviews the news item as well as details a reflection on the same. As such, he believes these measures to curtail and discriminate the US isolationism and its likelihood to instigate trade war globally.

It is not surprising for President Trump to issue such threats as he is already done it with other agreements. Emphatically, upon his assumption of office, he led the US to withdraw from the Trans-Trade Pact. I believe this was not a good course as it would serve to deny the US opportunity to spur economic growth and trade partnership with the twelve nations.

Retaliation at European Union for their Politics that are presumably unfair to President Trump was caused by global trade arrangements which many American citizens believe are discriminatory. In my opinion, some of his remarks are quite reckless, and he should review how he handles his international talks as it leads to the bad reputation of the US. The US has been known for the worldwide reputation they have gained due to the international agreements which are conducted amicably. In this situation, President Trump should lobby for a review of some of these policies to be inclusive. The discriminatory provisions should be highlighted, discussed and reviewed and or scrapped from such agreements that are binding to many nations.

Moreover, the president-imposed stern tariffs terms are just but an example of irrational decision-making. In this provision, washing machines and solar panels were to curb the imports from Asia. It is beneficial since it would protect the interests of the manufacturers in the US. On the contrary, the consumers would be disadvantaged as these products prices would skyrocket since they will be no more strong competition from the imported goods. But again, it is a good idea to promote the locally produced goods since some Americans believed so much on the Asian products regardless of their quality.

Tentatively, Trump means good for Americans when he posited that he abhors multilateral trade agreements but encourages bilateral trade arrangements. In this statement, he was expressing Americas trade deficit which is the largest. In this regard, America can produce quite a lot of products that it needs, but they choose to import some of these products at lower prices and channel those funds elsewhere to spur economic development in other industries. Correspondingly, some of the cheaply imported products are made from substandard materials, and this makes the US the damping site for such cheap products. Stern import measures and trade agreements are necessary for review.

Summarily, Mr. Trump should pursue strong trade lines in regards to safeguarding the interest of the US manufacturers as he posited. There is ultimately nothing wrong with responsible trade agreements and anyone in support of the contrary is quite an illogical. As for steep tariffs on certain goods, it is a prudent idea. Many countries have unfair tariffs on goods from the US, yet some of the products imported to the US do not have such tariffs. As such, it is time for toeing the line to these rogue producers. Mr. Trump should also be careful with some of his remarks in an attempt to draw attention to the stakeholders in the global trade deal. The US like any other nations require the participation in a trade bloc to stir economic development and its sustainability lest it isolate itself economically