Donald Trump’s executive orders: The start of major trade wars?
Friday, March 31st, 2017
US President Donald Trump’s executive orders are causing concern:
March 31, 2017
President Trump, who vowed that “from now on, those who break the rules will face consequences,” …
As a recap, the President signed two executive orders on trade today. One directive orders a review of all U.S. trade deficits with other countries and Commerce Secretary Wilbur Ross has said the country-by-country, 90-day assessment would be used to guide trade policy. Meanwhile, the other order aims to strengthen enforcement of existing countervailing duties and anti-dumping penalties against foreign products. http://www.zerohedge.com/news/2017-03-31/watch-live-trump-signs-executive-orders-reign-foreign-trade-abuses
31 March 2017
US President Donald Trump is launching a campaign to pinpoint nations and goods responsible for his country’s huge trade deficit. It’s a protectionist warning shot directed at trade partners like China and Germany.
Top administration officials said Donald Trump would issue a pair of executive orders on Friday “aimed at rooting out the causes and culprits” behind the US’ over $500-billion (470-billion-euro) annual trade deficit. Pundits see this as a first move to convert recent tough trade rhetoric into action.
Commerce Secretary Wilbur Ross said one of the forthcoming orders would result in analysts going “country by country and product by product” to report back to Trump within 90 days.
He said they would look for evidence of cheating, inappropriate behavior and trade deals “that have not lived up to their promises.” Also under scrutiny would be “currency misalignment and troublesome WTO constraints.”
Getting serious on duties
“Needless to say, the No. 1 source of the deficit is China,” Ross argued, before listing more than a dozen other countries that would potentially be involved, including Germany, Japan and Mexico. …
In a second executive order, Trump is to tell the administration to look at ways the US can better recover trade duties on products that are subsidized by foreign governments or dumped on the US market.
Listing various problem areas, Peter Navarro, a top Trump trade adviser said “this is a big deal – it’s steel, chemicals, agricultural products, machinery – the whole gambit.”
On Thursday, the US Department of Commerce announced that seven foreign producers dumped certain carbon and alloy steel products in the US.
“The determination of dumping, or selling a product below its fair price, applies to imports from Austria, Belgium, France, Germany, Italy, Japan, South Korea and Taiwan,” it said in a statement.
Concerning Germany, irregularities were found with regard to Dillinger Hüttenwerke and the Salzgitter Group, which were accused of dumping prices.
In response to the move, German Foreign Minister Sigmar Gabriel on Friday urged Brussels to file a complaint at the World Trade Organizaion against the US over planned duties on steel plate imports from five EU member countries.
Gabriel said the US seemed prepared to give US companies “unfair competitive advantage” over European producers, even though this violated international trade legislation. http://www.dw.com/en/trump-to-attack-foreign-trade-cheats/a-38223624
China and Europe are concerned about the USA, which will likely drive them closer together. Donald Trump’s earlier executive order (see After Trump’s executive order, TPP-related nations start to look to China) against the TPP agreement has already seemed to have helped both China and Europe in Asia and elsewhere.
Notice also the following:
March 31, 2017
The United States will no longer bow to the rest of the world on trade because President Donald Trump plans to act, Commerce Secretary Wilbur Ross told CNBC on Friday.
“We are in a trade war. We have been for decades. The only difference is that our troops are finally coming to the rampart. We didn’t end up with a trade deficit accidentally,” he said, warning about the consequences of doing nothing. http://www.cnbc.com/2017/03/31/commerces-wilbur-ross-us-is-already-in-a-trade-war.html
Well, things are getting tenser now.
This talk of trade wars is something I have warned about on this page for years. Notice something I posted back in 2008:
Negotiations will continue and some type of loose agreements will happen. In the spirit of accommodation and personal interest, many of the “standards” of the European Union will be adopted by the USA, Canada and Mexico, as well as by nearly all of the countries of the world. The Arab nations will most likely agree with many of the standards as they seem to be destined to form a brief end-time alliance with the Europeans (The Arab World In the Bible, History, and Prophecy).
However, over time, it will become increasingly clear that the British will be in more agreement with the Canadians and Americans and that the European Union in more agreement with the Mexicans than the EU will have with the English-speaking nations.
Trade wars and/or serious trade disputes will most likely arise.
The Brits will ultimately decide that they are more supportive of the Americans and Canadians. They will be so much more supportive that they will end up in a trading agreement with them (with the Australians and New Zealanders probably also becoming part of that agreement).
The EU will decide that Mexico and the rest of Latin America are in more agreement with it and thus make some type of serious trading agreement with most (or all) of Latin America. The Vatican will also have influence here as Latin America is highly Roman Catholic.
The Europeans and Americans, however, will continue to have military agreements, though many will be tense about them. (Thiel B. A Combined EU & North American Trade Block Coming? COGwriter.com, March 3, 2008)
The fact of Brexit and the EU’s response today must be pushing the Brits to conclude that they need to move closer to the USA on trade.
Trade wars have been listed as part of the Twelve ‘grey swan’ events to watch for in 2017.
We also put together a YouTube video recently titled Trade Wars: Are COG warnings coming to pass?
Trade disputes are likely to be a factor that will lead to World War III.
As regular readers of this page are aware, the idea that we could be looking at a coming trade war is not a new one. Part of the reason for World War II was essentially a trade war, that turned into an actual war between the USA and Japan.
Over thirty years ago, Gene Hogberg of the old Worldwide Church of God wrote the following:
Prepare for Trade War
THE Free World’s 40-year period of unprecedented prosperity may soon come to a crashing halt. Support in the United States — the West’s leading trading nation — for maintaining free trade is crumbling fast.
Instead, there reverberate in the halls of Congress warnings to trade partners to open markets or face the retaliation of heightened tariffs and quotas. …
Mr. Reagan is painfully aware of where unbridled protectionism could lead. In recently rejecting a protectionist plea from one industry, the President evoked memories of the Depression — era Smoot-Hawley Tariff Act. “Some of us remember the 1930s, when the most destructive trade bill in history, the Smoot-Hawley Tariff Act, helped plunge this nation and the world into a decade of depression and despair,” he told a radio audience. “From now on, if the ghost of Smoot-Hawley rears its ugly head in Congress, if Congress creates a depression — making bill, I’ll fight it.”
But the ghost is rising, and support for the President’s trade policy is waning, even from those within his own party.
What Smoot-Hawley Did
Just how disastrous was the Smoot-Hawley bill? The devastating role it played in the Great Depression was explained in the September 5 issue of The Wall Street Journal, in an article written by its editor, Robert L. Bartley. “The stock-market crash of 1929 came in the midst of debate in Congress over the tariff,” wrote Mr. Bartley. “It had spent the year adding item after item to the protection list. In mid — 1930 the Smoot-Hawley Bill became law, with the highest tariffs in the nation’s history.” What might have been an ordinary correction, continued Mr. Bartley, “turned into the Great Depression…. As the international accounts closed down, the world economy choked.” …
Dangerous Security Changes
Other experts warn that American political leaders — responding to calls for immediate competitive relief from their constituents — may be ignoring another lesson of the Great Depression: that the severe contraction of world trade gave added impetus to imperialist surges in Asia and Europe, specifically Japan and Germany.
Since 1945 Japan has chosen the mercantile road as its path to power, prestige and national restoration. Germany, specifically the Federal Republic of Germany, is heavily dependent upon world trade, exporting a full third of its manufactured goods.
Access to the U.S. market is central to the economies of Japan and the other nations of the Pacific Basin, writes National Review executive editor John McLaughlin, “and hence perhaps to their stability.” If protectionism takes hold, what would happen to Japan and to Western Europe, whose economic heart is in Germany? Protectionism, leading to a full-blown trade war, would likely break the extensive joint defense relationships between the U.S. and its primary World War II foes, now allies for the past 40 years.
Americans should then prepare to witness the emergence of a nuclear — armed Japan as well as a nuclear — armed united Europe with Germany at its core. It’s doubtful whether the American public and its elected representatives have thought out the likely end results of actions now under way.
Former Senate majority leader Howard H. Baker Jr. sounded this warning: “The disastrous Smoot-Hawley Tariff Act of 1930 was rushed through Congress… and it took 14 years and a world war to straighten out the mess.” (Hogberg G. Prepare for Trade War! Plain Truth, January 1986)
Back in 1971, the late Herbert W. Armstrong wrote the following:
Trade War Looming to Trigger World War III?
Either we start raising high tariff barriers against other countries, starting a TRADE WAR which in time will trigger the nuclear war that will DESTROY US – or, American workers are going to have to MEET the competition of the workers in other countries , by lowering living standards. Obviously American workers are not going to choose to do the latter. And if they don’t – well, THE HANDWRITING IS ON OUR NATIONAL WALL. (Armstrong HW. Trade War Looming to Trigger World War III? Plain Truth, 1971)
And while his basic impression of timing was off as was Gene Hogberg’s, it is correct that trade issues will be a factor that will trigger WWIII. A war that will be against the USA, Canada, and UK by a power that will reorganize (Revelation 17:12-13) and then rise in Europe. A Europe that is angry at the UK for Brexit and one that is mad at the USA for a host of reasons (including decisions of its former President Obama and statements by its current President Donald Trump) will one day take steps.
There is a cost to trade wars and tariffs. Those who think otherwise are fooling themselves.
We are seeing more in Europe turn further away from the USA.
Massive shifts in trade are beginning to take place.
A real war between Europe and the USA (with the UK basically on the USA’s side) will come as one day Europe will take steps to ‘eliminate the competition’ so to speak (cf. Daniel 8:25; 11:39; USA in Prophecy: The Strongest Fortresses).
Some items of possibly related interest may include:
Donald Trump in Prophecy Prophecy, Donald Trump? Are there prophecies that Donald Trump may fulfill? Are there any prophecies that he has already helped fulfill? Could a Donald Trump presidency be apocalyptic? A related video is titled: Donald: ‘Trump of God’ or Apocalyptic?
Donald Trump and America’s Apocalypse This 188 page book is for people truly interested in prophecies related to Donald Trump and the United States, including learning about several that have already been fulfilled and those that will be fulfilled in the future. The physical book can be purchased at Amazon for $12.99 from the following link: Donald Trump and America’s Apocalypse.
Donald Trump and America’s Apocalypse-Kindle Edition This electronic version of the 188 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Donald Trump and America’s Apocalypse-Kindle Edition.
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia?
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? A YouTube video of interest may be Is China THE Threat to the United States of America?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
Forbes’ Brexit Monster is the Beast of Revelation Various ones have been properly convinced that there is a plan for a European superstate. Forbes’ writer Tom Worstall wrote that the Brexit vote was about the United Kingdom “not joining the monster of the European Union to come.” The Bible tells of a Beast monster that will arise in the end times in Europe. Dr. Thiel cites news reports, as well as the Old and New Testaments, to show that the monster many fear will arise in Europe, despite the vote by the British to exit the European Union.
Post Brexit Prophecy On June 23, 2016, the voters of the United Kingdom of Great Britain and Northern Ireland (UK) chose to leave the European Union. Now with this BRitish EXIT (Brexit) vote, what is prophesied to happen to the UK? Will the UK do well or be taken over and made slaves? Dr. Thiel explains from biblical prophecies what is ahead for the UK, Europe, and even the USA, Canada, Australia, and New Zealand. This is a video.
Germany’s Assyrian Roots Throughout History Are the Germanic peoples descended from Asshur of the Bible? Have there been real Christians in Germanic history? What about the “Holy Roman Empire”? There is also a You-Tube video sermon on this titled Germany’s Biblical Origins.
Germany in Biblical Prophecy Does Assyria in the Bible equate to an end time power inhabiting the area of the old Roman Empire? What does prophecy say Germany will do and what does it say will happen to most of the German people? Here are links to two sermon videos Germany in Bible Prophecy and The Rise of the Germanic Beast Power of Prophecy.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
When Will the Great Tribulation Begin? 2017, 2018, or 2019? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2016 o 2017? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter video is: Will the Great Tribulation Start in 2017?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2026 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? You can also see a YouTube video sermons Why Teach the Kingdom of God, The Gospel of the Kingdom, and The Kingdom of God is the Solution.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
Is the USA now an Evil Empire? Dr. Thiel gives many reasons to consider. A related video is also available: Is the USA an Evil Empire?
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. A related sermon is titled: Do these 7 prophesies point to the end of the USA?