How’s this for a simple approach?
We keep 10% across the board tariffs for the special privilege of doing business with the U.S. to compensate us for the investments we have made in global defense, health and otherwise, and to compensate our country for historically unfair trade practices that have contributed to our massive deficits and national debt.
We keep the pressure on China to resolve materially unfair trading practices, IP theft, currency manipulation, and other practices that have disadvantaged our nation.
We pause reciprocal tariff implementation for 90 days so we have time to engage in private negotiations with other countries, focusing first on those whose tariffs and practices have materially interfered with the competitiveness of U.S. manufactured goods in their markets.
Lastly, we consider that:
(1) it does not make sense to have balanced trade with countries that are smaller than us and that have fewer resources to spend on US goods, i.e., we will forever be buying more from Madagascar than they will buy from us,
(2) attempting to bring back jobs in low-wage manufacturing is not good for America, acknowledging, for example, that Bangladesh and Vietnam are better places to produce textiles and athletic shoes than here,
(3) U.S. ‘exports’ of software, IP, finance, and other services are high value and important sources of trade that are not reflected in traditional measures of exports and imports, and if included in the calculations would make the balance of trade statistics look much more balanced,
(4) our multinationals’ subsidiaries that sell services in foreign countries that are not counted in the balance of trade calculation, but generate profits, value and future dividends are good for America,
(5) a goal of generating a dollar of exports for every dollar of imports is not a useful one, particularly on a country-by-country basis in light of our massively higher standard of living, and having the largest economy in the world.
Lastly, the current trading system, while far from perfect or fair to the U.S., has served us extremely well so we need to be prudent in how we change it so as not to upset the world order in such a manner that it disadvantages our country over the long term.
This may be the only chance to break #Bangladesh's two party duopoly - the Awami League and the Bangladesh Nationalist Party - and so the students and their allies should certainly take the opportunity and create a new party. However, it remains to be seen quite what this new party stands for, as really all we know is their position against government quotas and against autocracy/fascism. So far so good. Any new party surely has to be better than the sclerotic, corrupt, nepotistic, and violent parties that Bangladesh currently has to choose from. So this could be very interesting indeed.
https://t.co/Laucy45YMT
Such an extraordinary own goal by this #Bangladesh interim government. How can it allow the Awami League to turn itself so very quickly into victims. Was the government not aware of this potential flash point on road 32 and ensure it did not happen. It looks from these videos that the government is clearly siding with the Bangladesh Nationalist Party. That surely is not what the country wants. The government has to get a grip on law enforcement, or its legitimacy will slowly fade.
A country where hatred is nurtured can never prosper. The very rights for which so many sacrificed their lives are now being usurped. Bangladesh is not a land of a single group or ideology; it is a country of 170 million people, each with the right to express their opinion — freely. For instance, yesterday many danced in front of the burnt-down house of Sheikh Mujibur Rahman and no one stopped them! They danced and celebrated with joy. This is the beauty of democracy and living in a free nation.
So why were those who went to pay their respects at Sheikh Mujib's house today attacked? Don’t they have the right to pay homage to their ideological guru? Many had their phones snatched and journalists were not spared too. Doesn’t this behaviour remind you of the oppressive regime that hundreds gave their life to get rid of? Doesn’t this behaviour remind you of the Chhatra League that we speak of with much disgust?
We speak of Bangladesh 2.0, but if historical figures like Huseyn Shaheed Suhrawardy, Sher-e-Bangla AK Fazlul Huq, Maulana Abdul Hamid Khan Bhashani, Sheikh Mujibur Rahman, Tajuddin Ahmad, and Ziaur Rahman are not given their due respect, this new Bangladesh will come caving down like a house of cards. One cannot deny that Bangladesh was built on the work of these men. And followers of these men must be guaranteed the freedom to pay homage to them and engage in politics without obstruction. Bangladesh 2.0 is for all — including the Awami League that hundreds sacrificed their lives to get rid of. No section of society should be disenfranchised in Bangladesh 2.0.
As long as we do not emerge out of this culture of pettiness, hatred, intolerance, bitterness, vengeance and animosity, we cannot really build a new Bangladesh, one that is a model to the world. Otherwise, it will be rinse and repeat of the repression of the past 15 years.
Whilst the #Bangladesh government has changed, it looks very much as though the police and the courts have not. Today, the courts accepted the police request and remanded Salman Rahman MP (the private industry affairs adviser to former prime minister), and Anisul Huq MP (the former law minister), into police custody for ten days of questioning in relation to a case that claimed that they "instigated" the murder of
I have not yet seen the First Information Report on which this police and magistrate made their decisions, but this case feels very much like a typical false case that the police under the Awami League government used to repeatedly file against BNP leaders for alleged arson committed by BNP workers.
Yes, no doubt the police killed 24 year old shop employee Shahjahan Ali on 16 July, but it is difficult to see there can be any evidence that either of these two men were actually involved in any way with its "instigation", other than being a member of the Awami League government. Six people died on 16 July, the first day of law enforcement killings, so how exactly are these two government members responsible? Are all members of the government then going to be prosecuted in relation to decisions made by particular members of the government or by senior police officers?
Moreover, there is this. According to The Daily Star, "Pro-BNP-Jamaat lawyers did not allow any lawyers to stand for the accused in court. Two lawyers who came to represent them could not stand for the accused as they were assaulted by the unruly lawyers." This is atrocious. How did the magistrate allow proceedings to continue in such a situation?
These kind of false and political cases will continue unless the police and courts are given clear guidance on what is expected of them - and that is the fair application of the law with a degree of professionalism which is not shown by filing these kinds of cases.
Yes, these two men may during the last 15 years of Awami League rule have committed crimes, but if so undertake proper investigations, collect the evidence and then file proper cases.
According to the the press secretary to the new interim #Bangladesh government, Mohammad Yunus, its chief advisor, said "human rights will be the cornerstone of his administration and the protection of every citizen is the top most priority of the government."
You judge that by how a government deals with those whom its sees as its greatest threats. And so far these criminal cases reflect very badly on the government. It must take this in hand, otherwise this new government will not be able to make any claims on human rights.
https://t.co/pzez6cXw6s
"Who came? Who has come? The police have come, the police have come. What are they doing? They are here to lick the dictator's feet." There are the slogans of the female students yesterday filimed at Thakurgaon in this remarkable video.
If, following the killing of over 200 people by #bangladesh law enforcement, one imagined Bangladesh students were inevitably cowering under continuing government intimidation. Think again.
I’m just gobsmacked that @DeutscheWelle has sent someone like @debarati_guha to scout for Khaled Muhiuddin’s replacement. You would be hard-pressed to find a bigger @albd1971 apologist than her. Her family left Bangladesh in 1975 after the assassination of Sheikh Mujibur Rahman.
She arrived in Dhaka on the 20th of July with a preconceived notion that a third party was behind the violence and vandalism and that third party was… drum rolls… the old bogeyman Bangladesh @BJI_Official-Shibir. She is very much in favour of the Freedom Fighters’ quota — anyone surprised by this? “These kids will one day protest to bring back the Freedom Fighters’ quota,” she remarked that day at the BTV premises. The funny thing is she made these observations even before Mohammad Ali Arafat, the state minister for information and broadcasting, had begun his press conference for foreign media at the BTV premises. Of course Mr Arafat had harped on the third party narrative.
She is also a niece of Binayak Sen, the director-general of Bangladesh Institute of Development Studies, the state-owned think-tank.
After knowing all this, are you surprised by what she said yesterday? For the sake of its credibility, I urge @dwnews to keep Ms Guha as far away as possible for anything to do with Bangladesh. She is Awami League’s spin doctor and DW doesn’t want to come across as doing this murderous, despotic regime’s bidding.