What the Trumpocalpse Means For Australia
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What the Trumpocalpse Means For Australia
http://www.news.com.au/finance/economy/australian-economy/an-increasingly-isolationist-american-could-undermine-our-protective-ring-of-superpower-agreements/news-story/e363d745570dc944483cce9f1881b0c8Mr Trump spoke a lot of rubbish during the campaign, attractive as many voters found hum, but there are some commitments he can’t be relied on to be too inexperienced to implement.
And one of the central promises he made was that a Trump administration would pull the shutters down around an isolationist America.
The implications for Australia, a middle-ranked nation reliant on multilateral arrangements to keep in touch with the super powers and to ensure China and the USA keep talking, are substantial.
Mr Trump was sent to the White House by a block of insecure workers — including 50 per cent of union member voters — who believe trade agreements are paid for with their jobs.
Mr Trump agrees with them and has vowed to wreck such arrangements, such as the North American Free Trade Agreement.
That means it is almost certain the proposed Trans Pacific Partnership of 12 nations including Australia will not proceed and the trade dividend Coalition governments have promised will not appear.
This puts a cloud over the US participation in other pacts such as the Asia Pacific Economic Co-operation forum (APEC).
The mood within the RG Casey Building, the HQ of the Department of Foreign Affairs down the hill from Parliament, would have been as severe as the markets.
Mr Trump’s campaign bravado threatened a showdown with China that would pitch Australia into the excruciating gulf between our major global security partner and our biggest trading partner.
This would not enhance chances of resolving tensions over the South China Sea, for example, a problem for us, Japan and South Korea. A Trump administration might decide the USA should abandon our region.
Further, the Trump exploitation of fear of Muslims — not just Islamic extremists — will have an impact on US relations with our biggest and most important near-neighbour, Islamic Indonesia.
Before Mr Trump was declared President-elect, Ms Bishop told Sky News the Australian Government had “reached out” to both Trump and Clinton camps during the campaign to build a rapport with them ahead of the vote.
Any election in the US was “momentous” not just for the states, but for the “rest of the world”, she said.
Ms Bishop said she had been consistently saying “for many months” that Australia would work with anyone the American people elected.
Finally, just across the way from the RG Casey Building in the Treasury Department, calculations will be under way as to the Trump financial shock to Australia and to our trading partners.
The markets have dived in their initial response, wiping billions off global growth, and we cannot be isolated should this be beyond repair.
And there are backroom problems. If President-elect Trump carries out his threat to “drain the swamp” of the Washington establishment governing class will make some of our valuable, long-term contacts and sources disappear.
It could be the vulnerable workers cheering a Trump victory might soon be demanding to know why they weren’t warned.
This American vote, even if Mr Trump is all talk and little delivery, could make the Brexit decision look like a triumph of common sense.
veya_victaous- The Mod Loki, Minister of Chaos & Candy, Emperor of the Southern Realms, Captain Kangaroo
- Posts : 19114
Join date : 2013-01-23
Age : 41
Location : Australia
Re: What the Trumpocalpse Means For Australia
I somehow doubt friends of america have much to worry about despite how the democrats would like to present it.veya_victaous wrote:http://www.news.com.au/finance/economy/australian-economy/an-increasingly-isolationist-american-could-undermine-our-protective-ring-of-superpower-agreements/news-story/e363d745570dc944483cce9f1881b0c8Mr Trump spoke a lot of rubbish during the campaign, attractive as many voters found hum, but there are some commitments he can’t be relied on to be too inexperienced to implement.
And one of the central promises he made was that a Trump administration would pull the shutters down around an isolationist America.
The implications for Australia, a middle-ranked nation reliant on multilateral arrangements to keep in touch with the super powers and to ensure China and the USA keep talking, are substantial.
Mr Trump was sent to the White House by a block of insecure workers — including 50 per cent of union member voters — who believe trade agreements are paid for with their jobs.
Mr Trump agrees with them and has vowed to wreck such arrangements, such as the North American Free Trade Agreement.
That means it is almost certain the proposed Trans Pacific Partnership of 12 nations including Australia will not proceed and the trade dividend Coalition governments have promised will not appear.
This puts a cloud over the US participation in other pacts such as the Asia Pacific Economic Co-operation forum (APEC).
The mood within the RG Casey Building, the HQ of the Department of Foreign Affairs down the hill from Parliament, would have been as severe as the markets.
Mr Trump’s campaign bravado threatened a showdown with China that would pitch Australia into the excruciating gulf between our major global security partner and our biggest trading partner.
This would not enhance chances of resolving tensions over the South China Sea, for example, a problem for us, Japan and South Korea. A Trump administration might decide the USA should abandon our region.
Further, the Trump exploitation of fear of Muslims — not just Islamic extremists — will have an impact on US relations with our biggest and most important near-neighbour, Islamic Indonesia.
Before Mr Trump was declared President-elect, Ms Bishop told Sky News the Australian Government had “reached out” to both Trump and Clinton camps during the campaign to build a rapport with them ahead of the vote.
Any election in the US was “momentous” not just for the states, but for the “rest of the world”, she said.
Ms Bishop said she had been consistently saying “for many months” that Australia would work with anyone the American people elected.
Finally, just across the way from the RG Casey Building in the Treasury Department, calculations will be under way as to the Trump financial shock to Australia and to our trading partners.
The markets have dived in their initial response, wiping billions off global growth, and we cannot be isolated should this be beyond repair.
And there are backroom problems. If President-elect Trump carries out his threat to “drain the swamp” of the Washington establishment governing class will make some of our valuable, long-term contacts and sources disappear.
It could be the vulnerable workers cheering a Trump victory might soon be demanding to know why they weren’t warned.
This American vote, even if Mr Trump is all talk and little delivery, could make the Brexit decision look like a triumph of common sense.
The Devil, You Know- Forum Detective ????♀️
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Join date : 2015-05-11
Location : Room 101 (which does not exist)
Re: What the Trumpocalpse Means For Australia
I WOULDN'T be sad if they ditched the TPPA -- as it isn't any good for either Australian or American workers, small businesses, the environment or local communities...
The proposed Trans Pacific trade agreements was developed by and for big business interests, and basically increases the powers for multinationals to screw over other countries and smaller companies..
Much more important to Australia is the current 'free trade' agreements that have been in place for the last decade, and mutual defence alliances that have developed since the 1930s.
Australia remains a "linch pin" in the South Pacific in regard to the USA's international interests, alongside Japan and South Korea in the North Pacific region..
'Wolfie- Forum Detective ????♀️
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Age : 66
Location : Lake Macquarie, NSW, Australia
Re: What the Trumpocalpse Means For Australia
hmmm...whatcha gonna do now big mouth....
without the yanks to sit on?
Suddenly that nasty old britain dont seem so bad does it????
without the yanks to sit on?
Suddenly that nasty old britain dont seem so bad does it????
Victorismyhero- INTERNAL SECURITY DIRECTOR
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Join date : 2015-11-06
Re: What the Trumpocalpse Means For Australia
HA HA HA HA HA up yours Veya, HA HA HA.
nicko- Forum Detective ????♀️
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Age : 83
Location : rainbow bridge
Re: What the Trumpocalpse Means For Australia
LOL
No I'm Pro China
this is actually good,
like brexit it simply foretells what I and others have predicted
that China will be the new world leader
the Anglosphere is dying, the Western empire has run its course
and new ones are already rising in the East.
P.S. this is terrible news for Aussies that think like you as white rule is coming to end.
No I'm Pro China
this is actually good,
like brexit it simply foretells what I and others have predicted
that China will be the new world leader
the Anglosphere is dying, the Western empire has run its course
and new ones are already rising in the East.
P.S. this is terrible news for Aussies that think like you as white rule is coming to end.
veya_victaous- The Mod Loki, Minister of Chaos & Candy, Emperor of the Southern Realms, Captain Kangaroo
- Posts : 19114
Join date : 2013-01-23
Age : 41
Location : Australia
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