Germany

What the G20 tells us

10th July 2017 Socialist Action 0

By Ian Richardson

The Hamburg G20 summit was highly revealing. G20 summits rarely provide the impulse for major new developments, and the latest was no exception. Instead they can provide an important marker point or snapshot of the global relation of forces. The most important signal from the latest G20 summit was that the relative decline of the US continues and Trump’s ‘America First’ policy is only accelerating it. As a result, other leading powers are being driven towards greater co-operation, unity on tackling climate change, and defence of trade against protectionism.

The economic logic behind Trump’s foreign policy – why the key countries are Germany and China

29th March 2017 Socialist Action 0

The following article by John Ross, setting out the economic fundamentals confronting the US, was previously published by Socialist Economic Bulletin.

This article was published in Chinese before the recent summit between Chancellor Merkel and President Trump – which strongly confirmed its analysis.

The first steps by Trump as US President confirmed that he will pursue an anti-China policy but also that he will use different tactics to Obama and Clinton.