It seems our President-elect is more consumed with Russia than he should be. Why the undue dalliance is something that the analysts should evaluate. Yet, Russia is not even in the top ten economies in the world.
Of course, we should endeavor to have commerce with countries as bilateral trade breaks down barriers. But, I would be more concerned with our larger partners – China, Japan, Germany, UK, France, India, Brazil Canada, and Italy. These and other trading partners like Mexico have a major impact on the US economy and job markets.
I would be more concerned with impacting trade with China than anything else. That could have a huge bearing on US jobs. Like the mistake with Brexit, we must not forget the jobs created here by foreign companies. Companies wanting to tap the US market have figured out it is more cost effective to build big things here rather than ship them from abroad – think Nissan, Honda, Mercedes, BMW, Volvo, Hyundai, Husqvarna, Doosan, etc.
An economist said in 2015, China’s slowing growth has a bigger impact on the economy than similar percentage declines elsewhere. Yet, we should seek trade with other partners as well, to diversify and tap other markets. More commerce with Russia is a good thing, just as more commerce with Cuba and Iran is. Conducting trade creates relationships and builds more unity. Countries will be less inclined to upset applecarts. And, in Iran the median age is 35, so the opportunity to change the future relationship in a positive way exists.
I recognize fully that there are leaders and countries we need to be highly skeptical of such as Russia, Iran, The Philippines right now, Syria and North Korea, e.g. Duterte is a thug, Putin is conniving and Little Kim is bat shit crazy, so we need to be leery of these folks
So, before our President-elect accepts Putin’s offer as a prom date, he may want to consider dancing better with our other successful partners.