Three days in and Trump has already kept one pledge
Paul Craig Roberts
On Trump’s third day Trump is one up on the Establishment. Can this last?
I am not a Trump booster. I am a scorekeeper.
On the third day of his presidency Donald Trump signed an executive order withdrawing the United States from the Trans-Pacificic Partnership (TPP). Based on this we must assume he will also deep-six the Trans-Atlantic Partnership.
During his anticipated first meeting of the day with executives from GM, Ford and Chrysler, Trump pledged to cut regulations and taxes in a "very big push" to have more auto plants in the US, noting that environmentalism in the US is out of control, although he said that he is "to large extent" an environmentalist.
The latest diplomatic spat between the US and China erupted overnight, when China said on Tuesday it had "irrefutable" sovereignty over disputed islands in the South China Sea after White House spokesman Sean Spicer vowed to defend "international territories" in the strategic waterway. Spicer's first official comments on Monday signaled a sharp departure from years of cautious U.S. handling of China's assertive pursuit of territorial claims in Asia.
US equity futures were flat, European stocks rose and Asia was mixed after the dollar posted a modest rebound overnight despite Mnuchin's "strong dollar" comments, while oil was flat and gold fell, as investors focused on President Donald Trump’s plans to boost growth. The pound fell after a U.K. court ruled that Parliament must vote on triggering Brexit.
A municipal council lawmaker in the Swedish city of Kalmar, Roland Pettersson, member of the biggest Swedish Social Democratic Party, resigned on Monday after asking on Facebook if someone could “shoot” America’s president, Donald Trump.
“I believed that Donald Trump would calm down after he became the president [of the US]. But how wrong I was! He exceeded my worst fears! Could anyone shoot him?” Swedish Social Democratic Party member Roland Peterson, a municipal official in Kalmar’s Soedermoere district, wrote on his Facebook page on Sunday.