trump plunges the u.s. into multiple fights...2019/06/09  · sunday june 9 2019 nation & world...

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All CDs sold by Edward Jones are registered with the Depository Trust Corp. (DTC). Call or visit your local financial advisor today. www.edwardjones.com Member SIPC Adam F Reese Financial Advisor 3801 Dylan Place Suite 120 Lexington, KY 40514 859-223-0881 modest working class family, I watched my parents work hard to provide a better life for us. When preparing for company to visit, us kids would always do 5 things instilled as necessary: iron the tablecloth, wash the car, mow the lawn, set the table, and wash the windows. Even at a young age, I learned the pride involved in clean windows. Dazzling Clean Glass Window cleaning involves application of special surfactants to gently dissolve dirt, dust, cobwebs, and other debris on window surfaces. Glass is then cleaned by hand yielding superior results vs poles, pressure washing or other inferior techniques. Home Soft Wash Utilizing a low-pressure method to safely and effectively remove mold, mildew, pollen, algae, and surface dirt that may be growing on your home. 100% landscaping safe. Roof Wash Soſt wash roof cleaning uses high-quality detergents and surfactants to dissolve dirt and debris, and less water pressure to rinse away that waste, so that roofing shingles don’t get dislodged or otherwise damaged. Enhances image and prolongs lifespan of your roof. Gutter Cleanout Removes gutter contents keeping them free flowing helping to prevent ice dams and foundation damage. Debris bagged and removed. Gutter Faces Wiping gutter faces to remove mold, mildew, pollen, algae, and surface dirt. Wash Decks, Concrete, Pavers, Patio Furniture, and More We can improve the look of virtually any exterior surface you have outdoors. YOUR BENEFITS OF A HOME CLEANING CRAFTSMAN: SIMPLE WAY TO ENJOY CLEAN WINDOWS AND HOME EXTERIORS: mydrwindows.com 502-777-7779 Serving Central Kentucky Visit our website: mydrwindows.com Click on “Request a free quote” or – you can always call It’s fast, free, easy, and zero obligation. You’ll have your detailed quote within 24 hours, often faster . • Partners do the work, not employees. • You pay for results, not offices, royalties, etc. • Insured • Ability to schedule multiple projects with one call • Uncommonly fast & easy quotes, scheduling WASHINGTON President Donald Trump is increasingly blurring the line between America’s national and economic security, en- abling him to harness powerful tools meant to punish the world’s worst global actors and redirect them at nearly every trading partner, includ- ing Mexico, Japan, China and Europe. Over a few weeks, Trump has declared European and Japanese cars, Chinese telecom equipment and Mexican immigrants national security threats. Those declarations have given the president authority to use Cold War powers to inflict economic pain on countries through tariffs, government blacklists and other restrictions. While previous admin- istrations tried to deal with economic and secu- rity threats separately, Trump has deliberately mixed the two, viewing another country’s trade practices as dangerous to the United States as its military abilities. It is a view he has espoused since the 2016 campaign trail, where he pushed his “America First” agenda and vowed to protect companies that he believed were on the losing end of global trade. Once in office, Trump immediately pulled the United States out of the multinational Trans-Pacific Partnership and initiated investiga- tions into imported goods, like washing ma- chines and solar panels, that he believed were flooding the U.S. market. His approach has grown more aggressive over the past two years, culminating in an expan- sive view of national security that has plunged the United States into an economic war with near- ly every trading partner, including longtime allies. Trump threatened to invoke emergency pow- ers created in 1977 to impose tariffs on Mexico, making him the first president to aim at a close ally a law tradition- ally used to impose eco- nomic sanctions on for- eign adversaries for ter- rorism and other wrong- doing. He has made heavy use of a 1962 provision that allows him to clap tariffs on imports that are found to pose a na- tional security threat, most recently declaring cars from Europe and Japan a risk to America. And the administration has turned to a Cold War playbook with China, blacklisting companies like the telecom giant Huawei from buying U.S. products and drawing up new restrictions on the types of technology – like biotech and high-per- formance computing – that can be exported overseas. “To this administra- tion, everything is about national security,” said Chad Bown, a senior fellow at the Peterson Institute for Internation- al Economics. “Every- thing they can put their hands on falls under that framing. They use it as an excuse to impose tariffs in ways that would otherwise violate trade rules.” Trump says the ap- proach is a response to years of failed diplomacy that did nothing to stop jobs, manufacturing ability and innovation from leaving the United States. His adminis- tration argues that the erosion of American industries presents a direct threat to the Unit- ed States’ future. “We are reasserting these fundamental truths: A nation without borders is not a nation,” Trump said as he un- veiled his national secu- rity plan in December 2017. “A nation that does not protect prosperity at home cannot protect its interests abroad.” “Economic security is national security,” Peter Navarro, the White House trade adviser, said in November 2018 in a speech in Washington. “And if you think about everything the Trump administration has been doing in terms of eco- nomic and defense pol- icy, you understand that this maxim really is the guiding principle.” Critics say the strategy is allowing the Trump administration to make an end run around trade rules meant to prevent the United States and other countries from ratcheting up barriers and falling into endless trade wars. Rules set by Congress and the World Trade Organization carve out wide latitude for presidential action based on national securi- ty, letting the adminis- tration erect economic barriers that it would otherwise be restricted from building. But equating economic security with national security carries risks, including straining rela- tions with foreign gov- ernments and turning already contentious is- sues – like trade practices – into intractable dis- putes. Republican lawmakers and business groups are increasingly warning about the administra- tion’s approach, saying that lumping tough, dis- parate issues together will chill relations with other governments and put U.S. companies at a disadvantage. While many lawmakers are generally supportive of Trump’s punishing ap- proach to China, they have been outspoken against imposing penal- ties on allies like Japan, Canada, Mexico and Europe, saying it will hurt U.S. companies – whose supply chains crisscross borders – and create bigger security problems down the road. Earlier this year, Trump declared a state of emergency at the southern border with Mexico. And late last month, Trump threat- ened tariffs of up to 25% on all Mexican goods. On Friday evening, Trump said on Twitter that his approach had worked and that the tariffs would be “indefi- nitely suspended” be- cause Mexico had agreed to take steps to “stem the tide of Migration.” The agreement, laid out in broad strokes in a one-page document from the State Department, said that Mexico had agreed to deploy its na- tional guard throughout the country to stop mi- grants from reaching the United States and to expand a program that makes some migrants seeking asylum in the United States wait in Mexico while their claims are processed. Trump was the first president to threaten tariffs using the emer- gency powers act and the first to invoke it to puni- sh a close ally like Mex- ico. ANALYSIS Trump plunges the U.S. into multiple fights BY ANA SWANSON AND PAUL MOZUR New York Times TOM BRENNER NYT President Donald Trump takes questions from reporters May 30. The Trump administration has argued that economic security is national security.

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Page 1: Trump plunges the U.S. into multiple fights...2019/06/09  · SUNDAY JUNE 9 2019 Nation & World 5A KENTUCKY.COM CALL TODAY! 2541 Sir Barton Way Lexington KY 859-899-1936 501Southland

SUNDAY JUNE 9 2019 5ANation & WorldKENTUCKY.COM

CALL TODAY!

2541 Sir Barton WayLexington KY

859-899-1936

501 SouthlandLexington, KY

859-263-3335

www.GuardianSavingsBank.com*Additional restrictions may apply. Recording fees not included. Credit Score and LTV may cause additional fees. **APR fora 30-year fixed rate conventional loan of $150,000, 75% LTV, with monthly Principal and Interest payments of $737.91.APR for a 15-year fixed rate conventional loan of $150,000, 80% LTV, with monthly Principal and Interest payments of$1090.83. Rates are subject to change. Payments do not include amounts for taxes and insurance premiums; however,if included, the actual payment obligation will be greater.

FT. WRIGHT, KY • FT. THOMAS, KY

FLORENCE, KY • CINCINNATI, OH

3.875%/3.90%APR**

30-Year Fixed Rate

3.50%/3.55%APR**

15-Year Fixed Rate

FLOWERSARE UP!RATES

ARE DOWN!

$199* $500

*

Low Closing Costs!

Refinance Purchase

We’re more than just a great rate

Bank-issued, FDIC-insured

2.45%Minimum deposit$10,000

1-Year APY*

* Annual Percentage Yield (APY) effective 05/31/19. CDs offered byEdward Jones are bank-issued and FDIC-insured up to $250,000(principal and interest accrued but not yet paid) per depositor, perinsured depository institution, for each account ownership category.Please visit www.fdic.gov or contact your financial advisor foradditional information. Subject to availability and price change. CDvalues are subject to interest rate risk such that when interest rates rise,the prices of CDs can decrease. If CDs are sold prior to maturity, theinvestor can lose principal value. FDIC insurance does not cover lossesin market value. Early withdrawal may not be permitted. Yields quotedare net of all commissions. CDs require the distribution of interest anddo not allow interest to compound. CDs offered through Edward Jonesare issued by banks and thrifts nationwide. All CDs sold by Edward Jonesare registered with the Depository Trust Corp. (DTC).

Call or visit your local financial advisor today.

www.edwardjones.com

Member SIPC

Adam F Reese

Financial Advisor

3801 Dylan PlaceSuite 120Lexington, KY 40514

859-223-0881

modest working class family, I watched my parents work

hard to provide a better life for us. When preparing for

company to visit, us kids would always do 5 things

instilled as necessary: iron the tablecloth, wash the car,

mow the lawn, set the table, and wash the windows. Even at a

young age, I learned the pride involved in clean windows.

Dazzling Clean GlassWindow cleaning involves application of special

surfactants to gently dissolve dirt, dust, cobwebs,

and other debris on window surfaces. Glass is then

cleaned by hand yielding superior results vs poles,

pressure washing or other inferior techniques.

Home Soft WashUtilizing a low-pressure method to safely and

effectively remove mold, mildew, pollen, algae, and

surface dirt that may be growing on your home.

100% landscaping safe.

Roof WashSoft wash roof cleaning uses high-quality

detergents and surfactants to dissolve dirt and

debris, and less water pressure to rinse away that

waste, so that roofing shingles don’t get dislodged

or otherwise damaged. Enhances image and

prolongs lifespan of your roof.

Gutter CleanoutRemoves gutter contents keeping them free

flowing helping to prevent ice dams and foundation

damage. Debris bagged and removed.

Gutter FacesWiping gutter faces to remove mold, mildew, pollen,

algae, and surface dirt.

Wash Decks, Concrete, Pavers,

Patio Furniture, and MoreWe can improve the look of virtually any exterior

surface you have outdoors.

YOUR BENEFITS OF

A HOME CLEANING

CRAFTSMAN:

SIMPLE WAY TO

ENJOY CLEAN

WINDOWS AND

HOME EXTERIORS:

mydrwindows.com502-777-7779Serving Central Kentucky

Visit our website: mydrwindows.com

Click on “Request a free quote”

or – you can always call It’s fast, free,

easy, and zero obligation.

You’ll have your detailed quote

within 24 hours, often faster .

• Partners do the work,

not employees.

• You pay for results, not offices,

royalties, etc.

• Insured

• Ability to schedule multiple projects

with one call

• Uncommonly fast & easy quotes,

scheduling

WASHINGTONPresident Donald

Trump is increasinglyblurring the line betweenAmerica’s national andeconomic security, en-abling him to harnesspowerful tools meant topunish the world’s worstglobal actors and redirectthem at nearly everytrading partner, includ-ing Mexico, Japan, Chinaand Europe.Over a few weeks,

Trump has declaredEuropean and Japanesecars, Chinese telecomequipment and Mexicanimmigrants nationalsecurity threats. Thosedeclarations have giventhe president authority touse Cold War powers toinflict economic pain oncountries through tariffs,government blacklistsand other restrictions.While previous admin-

istrations tried to dealwith economic and secu-rity threats separately,Trump has deliberatelymixed the two, viewinganother country’s tradepractices as dangerous tothe United States as itsmilitary abilities.It is a view he has

espoused since the 2016campaign trail, where hepushed his “AmericaFirst” agenda and vowedto protect companies thathe believed were on thelosing end of globaltrade. Once in office,Trump immediatelypulled the United Statesout of the multinational

Trans-Pacific Partnershipand initiated investiga-tions into importedgoods, like washing ma-chines and solar panels,that he believed wereflooding the U.S. market.His approach has

grown more aggressiveover the past two years,culminating in an expan-sive view of nationalsecurity that has plungedthe United States into aneconomic war with near-ly every trading partner,including longtime allies.Trump threatened to

invoke emergency pow-ers created in 1977 toimpose tariffs on Mexico,making him the firstpresident to aim at aclose ally a law tradition-ally used to impose eco-nomic sanctions on for-eign adversaries for ter-rorism and other wrong-doing.He has made heavy

use of a 1962 provisionthat allows him to claptariffs on imports thatare found to pose a na-tional security threat,most recently declaring

cars from Europe andJapan a risk to America.And the administration

has turned to a Cold Warplaybook with China,blacklisting companieslike the telecom giantHuawei from buying U.S.products and drawing upnew restrictions on thetypes of technology – likebiotech and high-per-formance computing –that can be exportedoverseas.“To this administra-

tion, everything is aboutnational security,” saidChad Bown, a seniorfellow at the PetersonInstitute for Internation-al Economics. “Every-thing they can put theirhands on falls under thatframing. They use it asan excuse to imposetariffs in ways that wouldotherwise violate traderules.”Trump says the ap-

proach is a response toyears of failed diplomacythat did nothing to stopjobs, manufacturingability and innovationfrom leaving the United

States. His adminis-tration argues that theerosion of Americanindustries presents adirect threat to the Unit-ed States’ future.“We are reasserting

these fundamentaltruths: A nation withoutborders is not a nation,”Trump said as he un-veiled his national secu-rity plan in December2017. “A nation that doesnot protect prosperity athome cannot protect itsinterests abroad.”“Economic security is

national security,” PeterNavarro, the WhiteHouse trade adviser, saidin November 2018 in aspeech in Washington.“And if you think abouteverything the Trumpadministration has beendoing in terms of eco-nomic and defense pol-icy, you understand thatthis maxim really is theguiding principle.”Critics say the strategy

is allowing the Trumpadministration to makean end run around traderules meant to preventthe United States andother countries fromratcheting up barriersand falling into endlesstrade wars. Rules set byCongress and the WorldTrade Organizationcarve out wide latitudefor presidential actionbased on national securi-ty, letting the adminis-tration erect economicbarriers that it wouldotherwise be restrictedfrom building.But equating economic

security with nationalsecurity carries risks,

including straining rela-tions with foreign gov-ernments and turningalready contentious is-sues – like trade practices– into intractable dis-putes.Republican lawmakers

and business groups areincreasingly warningabout the administra-tion’s approach, sayingthat lumping tough, dis-parate issues togetherwill chill relations withother governments andput U.S. companies at adisadvantage. Whilemany lawmakers aregenerally supportive ofTrump’s punishing ap-proach to China, theyhave been outspokenagainst imposing penal-ties on allies like Japan,Canada, Mexico andEurope, saying it willhurt U.S. companies –whose supply chainscrisscross borders – andcreate bigger securityproblems down the road.Earlier this year,

Trump declared a stateof emergency at thesouthern border withMexico. And late last

month, Trump threat-ened tariffs of up to 25%on all Mexican goods.On Friday evening,

Trump said on Twitterthat his approach hadworked and that thetariffs would be “indefi-nitely suspended” be-cause Mexico had agreedto take steps to “stem thetide of Migration.”The agreement, laid

out in broad strokes in aone-page document fromthe State Department,said that Mexico hadagreed to deploy its na-tional guard throughoutthe country to stop mi-grants from reaching theUnited States and toexpand a program thatmakes some migrantsseeking asylum in theUnited States wait inMexico while theirclaims are processed.Trump was the first

president to threatentariffs using the emer-gency powers act and thefirst to invoke it to puni-sh a close ally like Mex-ico.

ANALYSIS

Trump plunges the U.S.into multiple fightsBY ANA SWANSON ANDPAUL MOZURNew York Times

TOM BRENNER NYT

President Donald Trump takes questions fromreporters May 30. The Trump administration hasargued that economic security is national security.