Deep State Wins as Russian Sanctions Become Law

Deep State Wins as Russian Sanctions Become Law

Deep State Wins as Russian Sanctions Become Law

Trump’ battle against the Deep State are not secret manouvres behond closed doors, they are open and public, with the mainstream media well behind the Deep Sate and Trump armed with his Twitter account in the opposing corner.

The chaos tainting US foreign policy cannot be overlooked. Some of it may come from the West Wing. Some may have to deal with Tillerson’s task of reforming the State Department to be less costly to the budget, which reportedly took a serious toll on the morale of career diplomats. And the continued failure to appoint people to a number of vacant positions in the State Department leadership apparently doesn’t help. There is a war in the USA between Trump’s core group and the Deep State and its agents.

President Donald Trump had no choice but to sign legislation that imposes new sanctions against Russia, Iran and North Korea and limits his ability to ease sanctions without approval from Congress. Both chambers of Congress had passed the bill with veto-proof majorities.

The administration will carry out the law, but has concerns about its impact and the constitutionality of some of its provisions, Bloomberg reported citing a signing statement Trump appended to the law.

According to the statement, Congress encroached on presidential authority and the sanctions will hurt US ability to work with allies, a win for the Deep State

Trump signed the bill on Wednesday morning, US media reported citing an unnamed White House official.

Trump had little option but to sign the bill, as the Senate approved it by a vote of 98-2 on July 27, and the House of Representatives voted 419 to 3 in favor the day prior.

The new sanctions cite Russia’s 2014 “annexation” of the Crimean peninsula and the alleged interference in the 2016 US presidential election, as well as Moscow’s military intervention in Syria.

While the US is describing Russia’s actions in Syria as aggression, Russian forces were officially invited by the internationally recognized Syrian government, while the US presence in that country falls outside international law.

The new sanctions have been criticized by several senior politicians in Europe, including the Austrian Chancellor Christian Kern and German Foreign Minister Sigmar Gabriel. Critics of the US government’s move argue the sanctions could affect European energy security and serve Washington’s economic interests – in line with Trump’s stated “America First” foreign policy.

“We deem it absolutely unacceptable when a bill demands that Europeans give up on Russian gas so that they could sell American instead, at a much higher price,” Gabriel said.

Russian energy giant Gazprom currently supplies a third of European gas demands, having delivered a record 179 billion cubic meters (bcm) of natural gas to Europe in 2016. Construction of additional delivery infrastructure would diversify the supply of Russian gas and make the delivery of fuel much cheaper than the costly US alternative of liquefied natural gas (LNG).

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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