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TICKER VIEWS | President Biden looks forward, while ex-president Trump looks back

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trump vs biden

A world to unite, a country to revive.

This is a big week for Joe Biden.  He fully takes the world stage at the G7 in London, and will also meet separately with several allied leaders, including Prime Minister Scott Morrison. 

BRUCE WOLPE EXPLAINS WHAT’S ON BIDEN’S AGENDA IN EUROPE.

He will then go on to a NATO summit and a crucial meeting with Russia’s Vladimir Putin. 

President Biden’s presence there will embody his core commitment that “America is Back” as a leader of the Western nations.

He will also report to them that “America is on the move again” – his signature message to Congress and the American people in April.

Biden is sitting on some pretty notable achievements, with the pandemic coming under control, and the economy roaring back with very strong growth and employment gains.

America’s renewed commitment

Biden’s first trip overseas is, as he wrote on Sunday, “about realizing America’s renewed commitment to our allies and partners, and demonstrating the capacity of democracies to both meet the challenges and deter the threats of this new age.

“This is a defining question of our time: Can democracies come together to deliver real results for our people in a rapidly changing world? … I believe the answer is yes. And this week in Europe, we have the chance to prove it,” said Biden.
‘BIDEN HAS ALWAYS SAID THAT WE WILL HAVE STRONGER LEVERAGE ON CHINA… WITH ALL THE ALLIES TOGETHER, NOT JUST A TRADE WAR,” WOLPE SAYS ON TICKER NEWS.

Biden is also nearing a decisive moment politically at home on the second pillar of his program to repair America. 

Bipartisan talks on his $2 trillion infrastructure proposal are stuck, with a very wide gap in money to be spent and how to pay for it.

Republicans are several hundred billion dollars short of a true compromise on scale, yet they are utterly opposed to rolling back some of the Trump tax cuts.

WOLPE ON WHY BIDEN NEEDS THE $2 TRILLION INFRASTRUCTURE PROPOSAL TO BE SUCCESSFUL FOR HIS PRESIDENCY.

“Can he do it with republicans, or will he have to go alone? If he goes alone… can he win?”

Biden will have to decide soon whether a deal is possible. Alternatively, he’ll have to go forward just with his Democrats and their perilously narrow margin in the House (4 votes).

Combined with the president’s reach in the Senate (where in a 50-50 Senate any Democratic defection means failure), this shows for some tough politics.

However, it’s nothing that Biden has not faced in his five decades of experience.

As Biden engages on his agenda, the ex-president wallows in his grievances

To be certain, Donald Trump is the leader of the Republican Party, with powerful support among the rank-and-file.

Trump defines the agenda and controls the party’s narrative (which is whatever Trump says it is at any moment). 

He also makes or breaks Republican candidates for office.  The former president is intent on using his candidates to take back the House and Senate next year, setting the stage for a return to the White House in 2025.

Trump criticises Biden’s “radical Socialist agenda”

At his rally in North Carolina over the weekend, Trump attacked Biden’s “radical Socialist agenda”.

China is public enemy #1, and he wants China to pay $10 trillion is “reparations” for the virus Trump insists they inflicted on the world.  

But the heart of Trump’s message is his litany of anger and revenge over an election that he knows was stolen. Over investigations designed to persecute him. Over immigrants and criminals and social activists that are destroying the country.

Biden and the future.  Trump and the past.  Which road does America want to travel?

Bruce Wolpe is a Ticker News US political contributor. He’s a Senior Fellow at the US Studies Centre and has worked with Democrats in Congress during President Barack Obama's first term, and on the staff of Prime Minister Julia Gillard. He has also served as the former PM's chief of staff.

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White House blames Democrats for thousands of layoffs

Trump blames Democrats as White House layoffs thousands of federal workers amid ongoing government shutdown

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Trump blames Democrats as White House layoffs thousands of federal workers amid ongoing government shutdown

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In Short:
– Trump announced layoffs for thousands of government workers, blaming Democrats during the government shutdown.
– Job cuts affect multiple agencies, with unions filing lawsuits against the layoffs’ legality.
President Donald Trump announced layoffs affecting thousands of U.S. government workers, attributing the decision to Democrats during the ongoing government shutdown.Job cuts began at several federal agencies, including the Treasury Department, the Internal Revenue Service, and the Department of Health and Human Services, although the overall number of layoffs remains uncertain.

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Roughly 300,000 federal workers were already anticipated to leave jobs this year due to a downsizing initiative by Trump.

The layoffs come as Trump continues to pressure Democrats for government funding. Republicans, holding majorities in Congress, require Democratic support in the Senate for funding measures.

Democrats insist they will not compromise under pressure, holding Republicans accountable for job losses. Labor unions have filed lawsuits against the layoffs, arguing their legality during the shutdown.

Job Cuts

A federal court will hear the case soon. Despite legal requirements for notification before layoffs, some officials have raised concerns over the impact on federal services.

Top Republican Senator Susan Collins expressed her objection to the layoffs, emphasising the importance of federal employees.

A White House budget director confirmed the initiation of layoffs, while many federal workers are either on furlough or working without pay. The Department of Health and Human Services is particularly affected, with a substantial number of staff receiving layoff notices.

Job reductions are also reported at the Education and Commerce Departments, among others. The Department of Homeland Security has made cuts in its cybersecurity division. However, the Department of Transportation and the Federal Aviation Administration remain unaffected.


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Hamas trusts Trump, risks hostages for peace deal

Hamas trusts Trump to broker hostage deal as gamble for peace despite past concerns over Israeli actions

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Hamas trusts Trump to broker hostage deal as gamble for peace despite past concerns over Israeli actions

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In Short:
– Hamas called Trump a racist but believes he may help facilitate peace with Israel.
– Ongoing negotiations are uncertain, with Hamas optimistic despite lacking formal guarantees.
Hamas has called Donald Trump a racist and a “recipe for chaos.” However, a phone call from Trump convinced Hamas that he might facilitate a peace deal with Israel, even if they surrender their hostages.
Under the agreement, which began on Friday, Hamas will release hostages without a commitment from Israel to withdraw. This decision is seen as precarious, with fears that hostilities may resume post-release, similar to events following a previous ceasefire.Banner

During indirect negotiations, Trump’s involvement reportedly reassured Hamas leaders, bolstering their confidence in a lasting ceasefire.

Future Uncertain

Negotiations continue over details such as the timetable for Israeli troop withdrawal.

The mediating role of Qatar and Turkey has been pivotal, alongside U.S. participation, in moving discussions forward.

Hamas has shifted its stance on hostage retention, viewing it as detrimental to global support for their cause. Nonetheless, they received no formal guarantees regarding the progression towards a more comprehensive agreement to end the conflict.

Despite awareness of the risks involved in their gamble, Hamas leaders seem optimistic about ongoing talks, with pressures from mediators fostering a sense of seriousness in negotiations from both sides.

Trump’s anticipated visit to the region is expected to reinforce these developments, even as complexities remain in finalising the terms of the deal.


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Trump announces 100% tariff on China amid tensions

Trump announces 100% tariffs on China, imposing export controls after Beijing’s restrictions on rare-earth minerals escalate trade tensions

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Trump announces 100% tariffs on China, imposing export controls after Beijing’s restrictions on rare-earth minerals escalate trade tensions

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In Short:
– Trump plans a 100% tariff on China from November 1, sparking stock declines and heightening tensions.
– U.S.-China relations are strained, with potential severe impacts on U.S. industries due to export restrictions.
President Trump announced plans to impose a 100% additional tariff on China effective November 1, along with new export controls on crucial software products.
The decision follows China’s recent restrictions on rare-earth minerals, essential for industries like semiconductors and electric vehicles. Trump expressed disbelief over China’s actions, which have escalated tensions that had ostensibly improved after months of trade negotiations.Banner

The tariff announcement sparked a significant drop in U.S. stocks, marking the worst day for the S&P 500 since April.

While some administration officials advocate restarting trade talks from scratch, there is a looming opportunity for both countries to negotiate before the tariffs take effect. Trump left room for negotiations, suggesting the timeline could allow for de-escalation.

Export Controls

The conflict between the U.S. and China underscores the volatile relationship between the two major economies. Beijing’s decision to tighten export controls aims to leverage its position and weaken Trump’s negotiating stance.

The U.S. government is evaluating additional countermeasures and sanctions in response. Observers note that while both countries have expressed a desire for dialogue, securing an enduring agreement has proven challenging, with past resolutions quickly unraveling.

The potential implications of these export restrictions could be severe for various U.S. industries. Firms have warned about significant production halts if they cannot access critical rare-earth elements from China. Analysts suggest that the situation could compel both sides to reconsider their positions to prevent further economic fallout.


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