Contracts can say anything, but, as to it’s legality is another question. The trade deals Trump is declaring a victory for his administration contain extorted monies he hods exclusive rights to distribute. These monies are not minor amounts. Trump is demanding more than a half a trillion from the Japanese people and not private industry to spend on oil and gas pipelines from Alaska. These are stated to be projects no private investors are interested in pursuing.
These extorted monies are slush funds for oil and gas firms as well as every other Trump political donor. It is all racketeering and highly illegal. The contracts will never hold up at the WTO. The memorandum of understanding can eventually cost the American people trillions when court fights award the monies back to the original countries.
America’s allies already supply generous loans to the USA. The private investment Trump has lost due to his highly bigoted immigration policy and extorted costs of visas is substantial. Foreign investors packed up and went home when Trump’s fascist agenda became obvious.
This has to stop and Congress must act. Ultimately, it is Congress that has to vote for trade contracts the Executive Branch conducts. These contracts are not friendly and extort public funds. They cannot be passed by Congress.
