Hi!
Mom and I have already been shopping this morning along busy Bayswater Street in the Notting Hill district nd are about to have lunch, at a time when most of you are still in bed. Of course, Leanna is an exception as she will soon be preparing dinner for her kids.
We are having a good experience in London. The students are arriving today, so we have had the London Centre mostly to ourselves. The weather has been cooperating, not too cold and not too rainy. In a week Mom and I are flying to Basle, Switzerland and then taking a taxi to Germany where I will be speaking in Heidelberg, Freiburg, Tubingen, and Munich. I will speaking on future prospects for the United States and the future direction of trans-Atlantic relations (North America and Europe).
President Trump will be at the World Economic Forum in Davos, Switzerland next week. I have attached my editorial on what he should do at Davos (but don't expect him to follow my advice).
We miss you and hope and pray that you are doing well.
We love you!
Dad and Mom
By Earl Fry | For The Tribune, Salt Lake Tribune, January 20, 2018
President Trump will soon bring his vision of America’s evolving international role to the World Economic Forum in Davos, Switzerland. At the same time, the penultimate gathering of NAFTA negotiators will convene across the Atlantic in Montreal.
Both at home and abroad, Trump is currently one of the most unpopular U.S. leaders in modern history. Overseas, he is widely perceived as an economic nationalist who is also determined to weaken traditional U.S. alliances in Europe and Asia.
At Davos, Trump could recommit the United States to its pivotal role in NATO and a strengthened trans-Atlantic alliance. He could surprise his audience by stating that the U.S. will re-enter negotiations leading to the Trans-Pacific Partnership (TPP). During his first week in office, Trump rejected outright the finalized TPP accord, handing China a great victory in its quest to dominate economic relations in the fast-growing Asian-Pacific region.
In addition, Trump could rejuvenate the moribund Trans-Atlantic Trade and Investment Partnership (TTIP) discussions, helping to solidify ties between the United States and the European Union. He might add that the United States, predicated on certain changes, would even reconsider its opposition to the Paris climate-accord pact. Presently, the U.S. is the only country in the world not endorsing this environmental accord.
The original TPP would have also modernized the NAFTA accord between the U.S., Canada, and Mexico. NAFTA is the world’s largest free-trade area and has been in effect for almost a quarter century. If Trump were to renew the U.S. pledge to finalize the TPP, he would also bolster chances for the successful conclusion of the NAFTA discussions scheduled for Montreal.
Of course, Trump is unlikely to make such bold statements in Davos. However, he could emphasize that international economic relations and the alliance systems spearheaded by the United States in the post-World War II period are still very important to his administration. It would even be acceptable for him to brag that his deal-making acumen would lead to the very best TPP, TTIP, NAFTA, and Paris agreements ever negotiated.
The world is becoming so much more complex and interdependent. In 2016, using the purchasing-power-parity (PPP) formula favored by most economists, the U.S. 15.5 percent, the U.S. portion of the world’s GDP is at about the same level as in 1900.
Problems facing the world are beyond the capacity of any one nation to solve unilaterally, even an American superpower. National governments must collaborate across borders to solve the challenges facing their constituents who carry forth with their daily lives in their local communities.
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