The war in Ukraine is an example of what happens when nations are excluded from defensive alliances. Trump doesn't like the EU because its bureaucracy gave him a hard time over the hotel he wanted to build in Doonbeg, Ireland. Meanwhile, Ukraine was not admitted to the EU and NATO because after President Viktor Yanukovych looted the treasury and fled the country with truckloads of cash they had nothing left for the required reforms. They might have had help from the U.S. because they surrendered nuclear weapons left behind by the dissolving Soviet Union to the U.S. in exchange for a promise the U.S. would defend them.
Now Russian tanks sit on Ukraine's borders poised to move and Trump seeks friendship with Putin. Both men seek the breakup of the European Union. The hardship of Ukrainians in the eastern region and Crimea will soon spread to the rest of the country, and I doubt it will stop there.
What has the price of eggs to do with the incoming administration? We have a cautionary tale from South Korea.
According to a broadcast by Arirang TV news, the Korean federal government decided to leave control of veterinary health to the nine provincial administrations. This system quickly broke down as the current epidemic of avian influenza swept across the country and the provinces had trouble coordinating their efforts. The disease affects mainly chickens, and as many as a third of laying hens in South Korea have had to be culled.
Consequently, the price of eggs has skyrocketed. Korea has imported 200 tons of eggs from the U.S. already and more from Australia. The U.S. eggs are covered by a treaty Trump wants to renegotiate even though the Koreans are waiving import tax and subsidizing the shipping costs to keep prices low. I haven’t seen reports yet of the effect these exports will have on U.S. egg prices.
What the new administration should be paying attention to is that when the national government backs away from national responsibilities the results can be expensive disasters and not overall savings.