British PM Theresa May To Meet Congressional Republicans; Trump Still Claims U.S. Should Have Taken Iraqi Oil

British PM Theresa May will meet today with Congressional Republicans at a retreat in Philadelphia ahead of her official meeting on Friday with U.S. President Donald Trump at the White House which will mark the first official foreign meeting for Trump since his inauguration on January 20th.

The U.S. has a close relationship with Britain and will want to maintain those close ties as Prime Minister May navigates through the complicated Brexit process from the European Union and try to not annoy Brussels with a new trade deal before Britain’s divorce from the European Union.

The Supreme Court in Britain ruled this month that Britain’s Parliament must vote on Article 50 of the Lisbon Treaty which officially triggers the pullout from the European Union before it can be invoked by British PM Theresa May who has indicated that she intends to take Britain out of the EU’s single market while working to establish the best possible trade deals and gain control over their border.

President Trump has already pulled the U.S. out of the Trans Pacific Partnership (TPP) and signaled a new willingness to renegotiate NAFTA while pursuing stronger bi-lateral trade agreements.

Yesterday President Trump issued an executive order to hire more immigration agents to enforce immigration policies and to secure the southern border of the United States through the “immediate construction of a physical wall on the southern border, monitored and supported by adequate personnel.”

Speaking yesterday with ABC Host David Muir at the White House, President Trump said that border wall construction will start “as soon as we can” and admitted that it could start in a matter of months.

Securing the billions of dollars in funding for the mega border wall construction is still needed.

Besides holding protectionist views about trade, President Trump appears to hold isolationist views about foreign policy.

Trump wants to weaken the U.S. role in the United Nations and has spoke out about NATO members that aren’t contributing enough of their budget towards defense.

Trump wants to develop closer ties with Russian President Vladimir Putin who has displayed an aggressive foreign policy in Europe and Syria.

Rising crude oil prices has helped Russia’s economy which remains dependent on oil and natural gas revenues. Lifting sanctions on the Kremlin could give the Kremlin even more leverage.

British PM Theresa May is more skeptical towards Russia and isn’t as enthusiastic as U.S. President Donald Trump to mend ties.

Trump told ABC Host David Muir yesterday that the world is a “total mess.”

“Take a look at what’s happening with Aleppo. Take a look what’s happening in Mosul. Take a look what’s going on in the Middle East. And people are fleeing and they’re going into Europe and all over the place. The world is a mess, David” Trump admitted.

Trump still maintains the U.S. should have kept Iraqi oil following the highly unpopular Iraqi War which sounds simplistic in hindsight but would have faced international criticism if executed.

“We created a vacuum and ISIS formed. But had we taken the oil something else would’ve very good happened. They would not have been able to fuel their rather unbelievable drive to destroy large portions of the world” Trump said during his ABC interview.

When told by ABC Host that taking Iraqi oil would have violated international law, Trump displayed some disregard for international law, and said the critics who cite the violation of international law are “fools.”

“Who are the critics who say that? Fools” Trump said.

Written By:

Johnathan Schweitzer

@SchweitzFinance

schweitz31@gmail.com

 

 

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