I suggest we try driving in the subject lane as much as possible otherwise we will be getting sidetracked
1928 was different. The RN ruled the waves, the USN and US Army still considered the British Empire as a possible enemy and had war plans for such an occurrence. The Japanese Empire was still friendly with NZ. The US had quite good economic growth at the time. The problem was lack of govt oversight of the markets hence the dubious practises that eventuated in the Wall St crash of 1929 and the subsequent Great Depression. The US was relatively isolationist at the time as well, eschewing foreign involvements and it didn't have the same impact upon the world that it does now.Last time the Republicans were in this position was 1928 and we know what happened then. While Trump did get some across the line there is a significant section of the old Republican establishment who don't like him and in time, this will need to be pulled together either by threats or compromise, Though I think the compromise is unlikely to come from Trump. I think we have time before significant changes happen and maybe our next election will give us a government with a more positive view of defence before any real pressure comes on from outside, as one possible coalition party does have a 2% GDP defence policy
Agree that the situation is different, but at this stage I do not see a tie up between trade and defence. The trade issue with threats to increase tariffs could lead to a depression as if it impacted to much on Asia could lead to a down turn in their economies ( when Asia sneezes the rest of the world gets a cold )They would probably put up tariffs against the US and the combination of the tariffs and slower Asian economies would have a significant impact on US exports, causing their economy to drop. We must remember here that the the combined Asian economies are significantly larger than the US economy. Add in the effects of the same thing happening world wide due to tariffs and the flow on effect would not be pretty. As there are no US military in our region I think our pollies will not come under significant pressure from the US regarding our military and will simply bury their heads in the sand and say there is no problem. We also must remember that we are very small fry and would be way down the list as possible Trump targets. I think that most likely possibly ( very slim) of an increase in defence is for the flip,flopper to only flip but not flop. However you would not want to bet on it.1928 was different. The RN ruled the waves, the USN and US Army still considered the British Empire as a possible enemy and had war plans for such an occurrence. The Japanese Empire was still friendly with NZ. The US had quite good economic growth at the time. The problem was lack of govt oversight of the markets hence the dubious practises that eventuated in the Wall St crash of 1929 and the subsequent Great Depression. The US was relatively isolationist at the time as well, eschewing foreign involvements and it didn't have the same impact upon the world that it does now.
90 years later the world is different - a totally different geostrategic and geopolitical environment. The RN is but a shadow of its former self, the US and UK have a very close relationship and the British Empire is no more. NZ can no longer depend upon the British Empire to protect via the RN, RAF and British Army and NZ foreign and defence policy is no longer subject to the purview of the UK Colonial Department. Our biggest problem is the lack of political will regarding defence and we have always known that it will take a significant outside event to give the pollies enough of a jolt in order to get them to substantially increase NZDF funding & resources. Trump giving Wellington the hard word and the threat of possible increased tariffs on NZ goods & services entering the US may be enough of a jolt to initiate this change. No it won't happen over the weekend but we should see some change within the next 12 months which also coincided with our next election cycle.
Regarding that third being part of a coalition govt, I don't know and for their adherence to 2% GDP expenditure on defence, that I wouldn't believe until I saw the money in defence accounts. Their leader flip flops to much and is to much of a liability in a coalition regardless of which major party he enters into coalition with.
He has 68 days to get a handle on things and he and his team will be making their views known.
On Jan. 20, Inauguration Day, he goes from President-elect to President by taking the oath of office.Not really up on US protocol, but what happens after 68 days?
While the US military, the USN in particular, has been the guarantor of freedom of navigation, and hence global trade, since WW2, the US economy doesn't actually benefit directly from this as much as many other developed economies.Agree that the situation is different, but at this stage I do not see a tie up between trade and defence. The trade issue with threats to increase tariffs could lead to a depression as if it impacted to much on Asia could lead to a down turn in their economies ( when Asia sneezes the rest of the world gets a cold )They would probably put up tariffs against the US and the combination of the tariffs and slower Asian economies would have a significant impact on US exports, causing their economy to drop. Add in the effects of the same thing happening world wide and the flow on effect would not be pretty. As there are no US military in our region I think our pollies will not come under significant pressure from the US regarding our military and will simply bury their heads in the sand and say there is no problem. We also must remember that we are very small fry and would be way down the list as possible Trump targets. I think that most likely possibly ( very slim) of an increase in defence is for the flip,flopper to only flip but not flop. However you would not want to bet on it.
Trump has been quite adamant regarding China and his beef with it so I am not taking anything for granted. The conventional wisdom was that his candidacy was a joke and he wouldn't make it past the primaries, well guess what he is now President Elect. So much for that wisdom. Hence I am paying a lot of attention to what he has said and what other people have said about how he has run his business.Agree that the situation is different, but at this stage I do not see a tie up between trade and defence. The trade issue with threats to increase tariffs could lead to a depression as if it impacted to much on Asia could lead to a down turn in their economies ( when Asia sneezes the rest of the world gets a cold )They would probably put up tariffs against the US and the combination of the tariffs and slower Asian economies would have a significant impact on US exports, causing their economy to drop. We must remember here that the the combined Asian economies are significantly larger than the US economy. Add in the effects of the same thing happening world wide due to tariffs and the flow on effect would not be pretty. As there are no US military in our region I think our pollies will not come under significant pressure from the US regarding our military and will simply bury their heads in the sand and say there is no problem. We also must remember that we are very small fry and would be way down the list as possible Trump targets. I think that most likely possibly ( very slim) of an increase in defence is for the flip,flopper to only flip but not flop. However you would not want to bet on it.
I think the economic threat will be the first problem and that you are correct that pressure to do more defensively will come on from Canberra, in fact we are more likely to get far more pressure from Canberra than Washington.Trump has been quite adamant regarding China and his beef with it so I am not taking anything for granted. The conventional wisdom was that his candidacy was a joke and he wouldn't make it past the primaries, well guess what he is now President Elect. So much for that wisdom. Hence I am paying a lot of attention to what he has said and what other people have said about how he has run his business.
If the US increase tariffs on mainland Chinese goods and services and declare that China is manipulating its currency, then the PRC hierarchy and its population will go ballistic. They will spit every dummy they can find and chuck all their toys and their mates toys out of their cots. Secondly he is somewhat of an isolationist and if Japan and South Korea feel that the US is withdrawing from Asia then they will probably become more militant and rearm more. The Asia Pacific region will become quite unstable and if our pollies hide their heads in the sand then they need a thundy shoved in a certain place to wake their ideas up. The Aussie's will have to adjust to less US involvement in the Asia Pacific and that will mean that they will have to increase their capabilities. Canberra will have a high expectation of Wellington to do the same, so the pressure will not just be coming from Washington but also from Canberra, probably even more so.
Ah sorry my bad, I was thinking he had to do something in 68 days once he's taken office, bit of a honeymoon period to settle in.On Jan. 20, Inauguration Day, he goes from President-elect to President by taking the oath of office.
It is only one term (3-4 years) so things aren't going to change all that much, decades of fiscal realities won't change overnight. Most defence projects outlast politicians. While this may change the security environment significantly! the strategic threats to NZ don't change, the existing ones might move up on the threat matrix, however.I was thinking more in context to the South China Seas and Nz current operations, if we were expected to carry out patrols there, it would mean a drastic increase in funding, would our current anti pirate patrols of the horn of Africa continue? given we only have two frigates, could a upgunned Opv do the job? Will new P8 aircraft, other big ticket items now become a must have in our Defence whitepaper now.
Totally agree 40. Now that the election is over, so is the bluster. Trump will appoint a Savy Sec State who will support the allies, be tougher on the opposite and expect some reciprocity. The SecDef will rearm and. It deploy without just cause and allied support.Mr C and Bluey 006
Two excellent thought-provoking posts.
With regard to the general topic, I think it is simply too early to know what Trump's international policy will look like. Only when his cabinet and senior officials are appointed will we be able to make informed guesses.
I'd say both and Trump wants to bust the congressional defence sequestion limits in place until 2023. And also within the Asia-Pacific as well. Interesting to see how Boeing and Airbus fair as well.Lockheed, BAE and Raytheon have seen quite large bumps in stock value since the result, seems the markets are of the opinion that defence spending will increase - either in the US or in Europe - under Trump.
My thoughts as well, it'll be interesting to see if his previous pledges for personnel/equipment increases actually come to fruition.I'd say both and Trump wants to bust the congressional defence sequestion limits in place until 2023. And also within the Asia-Pacific as well. Interesting to see how Boeing and Airbus fair as well.
Trump has been very clear and consistent of his intent to repeal the Budget Control Act.I'd say both and Trump wants to bust the congressional defence sequestion limits in place until 2023. And also within the Asia-Pacific as well. Interesting to see how Boeing and Airbus fair as well.
Yet Trump hasnt explained how he is going to massively increase the Us military budget, while slashing taxes. If he is going to maintain a presence in the South China Seas,he has intimated large tarrifs already against China,the threat they pose to US intrests, thats in conflict with his isolationist ideas.As is supporting his allies.One cannot do so without military presence ,supply or aid. He is contradicting himself at times.Trump has been very clear and consistent of his intent to repeal the Budget Control Act.