Trump’s tour of Asia: an emperor with no clothes

17th November 2017 Socialist Action 0

By Jude Woodward

Despite the razzamatazz of Trump’s visit to Asia, the verdict of the international news media was unanimous: the trip had simply served to underline the US’s declining influence in Asia; a decline that Trump is blamed for accelerating by ceding leadership to China on the crucial issues of contemporary geopolitics: trade, climate change, development and multilateral agreements.

NFL protests & victory of Steve Bannon’s candidate in Alabama shows deepening US political polarisation

6th October 2017 Socialist Action 0

By John Ross

Two recent events in the US – the victory of Steve Bannon backed candidate Roy Moore in the Alabama Republican Senate primary and the huge dispute around NFL players kneeling during the national anthem – confirm the deepening polarisation in US politics. The background which is driving this is the very slow growth in the US economy – the reasons for which are analysed in ​Why the US Remains Locked in Slow Growth.

The US’s ultimate target is China

15th August 2017 Socialist Action 0

By Mark Buckley

The beleaguered Trump presidency has continued to ramp up its war rhetoric against North Korea. But the impediments to any attack, even a nuclear attack are substantial. The real target for the US administration is China.

Trump’s Middle East policy: Reinforcing the military

28th March 2017 Socialist Action 0

By Stephen Bell

In recent weeks it has become evident that US President Trump’s policy in the Middle East primarily involves reinforcing the military presence and activity of US armed forces. Despite his campaign rhetoric about $6 trillion spent to no result, he has moved swiftly to increase the size and rate of US deployment. With a current account deficit of $469 billion in 2016 US imperialism can offer concessions only to its most favoured allies. For the rest, which includes the majority of Arab countries, there is simply the presence of US military might.

Trump’s consequences for the US economy explained in 3 charts

3rd February 2017 Socialist Action 0

The following article by John Ross, that sets out the fundamental parameters of the US economy, was previously published by Socialist Economic Bulletin.

There has been much discussion on the likely effect of Trump on the US economy. But some of this discussion fails to distinguish clearly between short term and long term effects of Trump. This can lead to wrong interpretations of events and trends as they unfold. The aim of this article is therefore to set out the fundamental parameters of the US economic situation as it confronts Trump.