In: Economics
Describe and critically analyze president Trump’s foreign policy/approach toward International Environmental Agreements. How it might affect the American Economy? Do you agree with him? if yes why? if not why not?
Trump administration has introduced significant changes in international policies. Climate change is the main policy focus of President Trump Administration. Trump does not agree with the proposition that the climate is changing. He contends that climate is a hoax and there must not be any movement to correct the rising temperature. He has stopped many policies and aids in the efforts to stop climate change.
Trump has threatened that very soon, he going to withdraw from Paris Climate change commitments. Trump is not committed to reducing the carbon emission, hence the US economy is being positively affected in the short-run, The growth rate has increased and the unemployment rate is an all-time high.
We do not subscribe to the view of Trump administration. Climate change is no hoax. it has taken the larger dimension, and it must be stopped. We need to develop an international consensus to address the issue of climate change. US is largest emitter of carbon, thus climate change can not be addressed without taking US in loop.