Tag: Donald Trump

I didn’t think this 20% fee idea was going to last very long and sure enough 24 hours later it is gone:

U.S. President Donald Trump on Tuesday dropped his proposal to impose a 20 percent “reimbursement” fee on cargo shipped through the crucial Strait of Hormuz, saying that he will replace it with trade and investment deals with Middle Eastern countries.

Trump made the remarks in a social media post, just a day after he announced that the United States will serve as the “guardian” of the strait and be “reimbursed” at a 20 percent rate on all cargo shipped through the waterway that Iran had all but closed amid the Middle East conflict.

“Based on highly productive conversations with Middle East leadership, I have decided to replace the 20 percent United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States,” Trump wrote on Truth Social. (……)

During a press availability, Trump said that he scrapped the proposed fee as Gulf state officials told him over the phone that they would like to “do it a different way” and invest in the U.S. “with billions and billions of dollars.”

Yonhap

You can read more at the link.

It seems President Lee unlike some leaders in Europe has been doing a good job managing his relationship with Trump:

South Korean President Lee Jae Myung and U.S. President Donald Trump had follow-up discussions on Trump’s earlier request for Seoul’s assistance in building military vessels at the ongoing North Atlantic Treaty Organization summit, Lee’s presidential spokesperson said Wednesday.

The two held such discussions the previous day at a dinner banquet hosted by Turkish President Recep Tayyip Erdogan in Ankara, according to Kang Yu-jung.

Lee earlier said the U.S. president had asked him whether South Korea could help build U.S. military vessels when they met at the Group of Seven (G7) summit in Evian-les-Bains, France, last month.

In response, Lee said he would cooperate with Trump’s request as fully as possible, highlighting the advanced capabilities of South Korea’s shipbuilding companies, according to Kang.

The leaders also agreed to continue working-level consultations between their countries to discuss details of the proposed cooperation. 

The encounter between Lee and Trump came just three weeks after they met on the sidelines of the G7 summit in France.

The leaders recalled their promise at the G7 summit to play golf together, and agreed to pursue Lee’s visit to the United States at an appropriate time, which could include a round of golf, the spokesperson said.

Yonhap

You can read more at the link.

Until the fantasy of pushing North Korea to denuclearize is put away, the North Koreans are not going to see any value in negotiations especially when the Russians are meeting all their current needs:

Cheong Wa Dae stated on the 17th (local time) that during the G7 (Group of Seven) summit in Évian, France, President Donald Trump expressed a strong commitment to playing a necessary role in advancing issues related to the Korean Peninsula. This followed President Lee Jae Myung’s request to President Trump to “lead the peaceful resolution of the North Korean issue.”

Cheong Wa Dae added that President Trump praised President Lee as a “strong leader” and expressed optimism that the two leaders could jointly contribute to peace and security in the Korean Peninsula region.

No bilateral South Korea-U.S. summit took place during this G7 summit. However, President Lee engaged in a roughly 30-second conversation with President Trump during the group photo session and sat next to him at the official dinner, exchanging discussions on various topics for over two hours.

During the group photo session, President Lee approached President Trump with an interpreter and said, “As you resolved the Middle East war, please lead the peaceful resolution of the North Korean issue.” President Trump reportedly responded, “I will strive to resolve the North Korean issue.”

Chosun Ilbo

You can read more at the link.

It seems Trump really loves South Korea when its companies are creating American jobs:

U.S. President Donald Trump said Friday that “I love South Korea,” despite his earlier show of displeasure over a lack of support by Seoul and other allies for the United States’ military operation against Iran.

Trump made the remarks during a press availability at the White House, soon after Seoul and Washington signed a memorandum of understanding (MOU) to advance shipbuilding cooperation as part of last year’s bilateral trade and investment agreement.

“I love South Korea,” he said in response to a reporter’s question about his social media post on Monday that Iran fired at a South Korean-operated cargo ship in the Strait of Hormuz — a claim that Tehran has denied.

Yonhap

You can read more at the link.

I understand what Trump is saying, but this is going to be a very hard sell for Korea and Japan to send ships to be involved in an active shooting war to escort tanker ships through the Strait. China on the other hand would likely be reluctant to be seen as helping the U.S. against their ally Iran:

U.S. President Donald Trump on Monday renewed his calls for South Korea, China, Japan and other countries to help keep the Strait of Hormuz, a key oil shipping route off Iran, open amid growing concerns over disruptions to shipping through the vital waterway.

Trump made the calls during a meeting with trustees of the John F. Kennedy Center for Performing Arts at the White House, highlighting that the United States’ military has “protected” allies and partners for a long time, and that the U.S. never asked for “reimbursement” for maintaining the strait.

Iran has effectively shut the strait, escalating concerns about the war’s impact on oil prices. The waterway is responsible for about a fifth of the world’s oil supply.

“We strongly encourage other nations whose economies depend on this strait far more than ours. We get less than 1 percent of our oil from the strait and some countries get much more,” Trump said.

“Japan gets 95 percent. China gets 90 percent. Many of the Europeans get quite a bit. South Korea gets 35 percent. So we want them to come and help us with the strait,” he added.

Yonhap

You can read more at the link, but he is also calling on NATO nations to escort ships as well. He is clearly trying to internationalize the Strait of Hormuz issue to get it reopened. If the Strait is reopened and the U.S. captures Kharg Island where 90% of Iran’s oil is exported from the war is over. The regime will crumble without the oil revenue and global pressure relieved on oil prices with the Strait reopened.

It is going to be very interesting to see if this Board of Peace can actually accomplish the rebuilding of Gaza. It appears the funding will be there for reconstruction, but the real question is going to be who is going to disarm Hamas and provide security? You can’t rebuild anything until security is reestablished in Gaza:

 U.S. President Donald Trump mentioned South Korea among the countries that will join a fundraiser to support the reconstruction of the war-torn Gaza Strip, as he convened the first meeting of a new U.S.-led international peace organization in Washington on Thursday.

Trump referred to South Korea, the Philippines and other countries, which he said would contribute to the reconstruction efforts for the Palestinian enclave, during the inaugural meeting of the Board of Peace, which was launched last month to promote peace efforts around the world.

“Japan has just committed to an aid fundraiser, which will be a very big one. It’s already successful. We know some of the numbers that are being talked about, which will be attended by other nations in the region, including South Korea, the Philippines, Singapore and others,” he said.

“China is going to be involved, and I think Russia is going to be involved,” he added.

Yonhap

You can read more at the link.

It will be interesting to see if South Korea and Japan join the Board of Peace:

DAVOS, Switzerland — Donald Trump’s Board of Peace, seen by some as a rival ‍to the United Nations, has caught officials at some of the countries invited off guard, with several saying they felt compelled to sign up rather than risk the U.S. president’s wrath.

Reuters canvassed 16 world leaders, including politicians and delegates from Arab nations, Latin American countries and Europe at the World Economic Forum annual meeting in Davos, Switzerland, with the response fairly consistent.

Officials from several regions said privately that joining Trump’s proposed board felt less like a choice and more an inevitability, as governments weighed the risks of staying out against the uncertainty of signing on.

Korea Times

You can read more at the link, but if Korea or Japan really want to get on Trump’s good side they should offer to host the board in their country.

This doesn’t make me feel any better because is Xi telegraphing he plans to invade Taiwan after Trump is out of office?:

President Donald Trump says that Chinese President Xi Jinping has given him assurances that Beijing would take no action toward its long-stated goal of unifying Taiwan with mainland China while the Republican leader is in office. Trump said that the long-contentious issue of Taiwan did not come up in his talks with Xi on Thursday in South Korea that largely focused on U.S.-China trade tensions.

But the U.S. leader expressed certainty that China would not take action on Taiwan, while he’s in office. “He has openly said, and his people have openly said at meetings, ‘We would never do anything while President Trump is president,’ because they know the consequences,” Trump said in an excerpt of an interview with the CBS’ program “60 Minutes” that aired Sunday.

Stars & Stripes

You can read more at the link.