Republican Elephant

After taking a look at the Democratic presidential ticket last week. It is now time to take a look at the Republican presidential ticket with President Donald J. Trump and Vice President Mike Pence.

Meet Republican Presidential Nominee President Donald Trump, and his Running Mate, Vice President Mike Pence

President Donald Trump is the 45th president of the United States. Born and raised in New York City, President Trump served as president of his family’s real estate business, making his fortune building and renovating skyscrapers, hotels, casinos, and golf courses as well as licensing the “Trump” brand. Before entering politics, President Trump was best known for the reality TV competition, The Apprentice, and in 2016 President Trump campaigned for president advocating for energy independence, immigration reform and a hardline stance towards China.

President Trump’s running mate, Vice President Mike Pence previously served in the U.S. House of Representatives and as Indiana Governor.

Views on Energy and the Environment

Energy – Through his presidency, the Trump administration has made energy a central issue. In 2017, months into his presidency, President Trump signed the Energy Independence Policy Executive Order, which aimed to reverse regulations on American jobs and energy production. President Trump called for U.S. Energy independence by 2022, with a goal of being a net energy exporter by 2022 by increasing production of fossil fuels through a series of regulatory rollbacks. The administration’s executive actions replaced the Clean Power Plan with the less burdensome, more coal-friendly Affordable Clean Energy rule, approved a controversial easement for the Keystone XL Pipeline, and signed an executive order simplifying the cross border Presidential Permitting Process for pipelines and other infrastructure.

His administration has also focused on rolling back regulations on the production and use of fossil-fuels, and as of September 2019, the Trump administration completed 53 rollbacks of Obama-era regulations. The Trump Administration lifted bans on oil and gas exploration in portions of Alaska, in U.S. coastal waters, and in some National Monuments, and loosened regulations regarding methane emissions resulting from oil and gas production.

President Trump has committed to continue efforts to support energy independence, potentially including changing renewable energy standards, altering marine shipping requirements on liquefied natural gas, increasing energy leasing of public lands and launch a robust effort to reform environmental regulations.

NEPA – The Trump Administration recently finalized significant changes to the National Environmental Policy Act (NEPA), reducing the burden of lengthy environmental reviews on many types of projects, including energy infrastructure.

Environment­ President Trump is not a strong believer in climate change, and followed through on campaign promises to withdraw from the Paris Accord, an international agreement setting environmental impact targets for participants. The Trump Administration has emphasized concern about detrimental impacts of “green” policies on U.S. industry, labor, and the economy. President Trump strongly opposes the Green New Deal, saying that it would “kill millions of jobs.” President Trump and his administration have a strong record of cutting back regulations to help U.S. businesses succeed and to grow the energy sector. 

Views on Foreign Policy

President Trump has taken a hard line as it pertains to foreign trade with other countries. Trump has often criticized international institutions for draining U.S. resources and stripping the U.S. of its sovereignty. Trump has been particularly critical of NATO, questioning its effectiveness and threatening to withdraw the U.S. from the alliance. Trump views trade deficits as net negatives for the United States and prefers using tariffs and other duties to spur corrections

Trump has been especially vocal about his opposition to China. Under his presidency the U.S. has taken a hard line on China that has escalated into a trade war.This has resulted in the U.S. applying billions of dollars worth of tariffs on China. The Trump administration has confronted China over intellectual property theft, currency manipulation, export subsidies, and economic espionage. The Trump administration has also increased restrictions on Chinese technological firms under Trump, including the telecommunications company Huawei.

Trump also referred to the North American Free Trade Agreement (NAFTA) as “the worst trade deal ever”. This led to new negotiations with Canada and Mexico and a new trilateral deal called the United States-Canada-Mexico Agreement (USMCA).

To view an overview of Donald Trump and Joe Biden’s policy stances
by issue area, click here.

Bio Link Denise co-leads the federal practice at Michael Best Strategies with expertise in association and coalition management as well as development of public policy strategies, at both the state and federal level. She was active, on behalf of firm clients, during the recent federal tax reform debate, much as she was during the last major tax reform in 1986. Expertise: Regulatory Law, Tax & Trade, Energy, Environmental, Food, Agriculture, and Telecommunications
Bio Link Harrison provides intelligence and analysis on legislative and regulatory issues impacting MBS clientele. Harrison manages news distribution for MBS, including in-depth analysis of breaking political news that pertains to our clients. Additionally, Harrison assists clients with issues involving trade, tax, energy, environment, agriculture, labor, and core business issues. Expertise: Government Relations, Legislative Process, Policy Advocacy, Agribusiness, Trade, Tax & Finance, Energy & Environment.