If this is your first visit, be sure to check out the FAQ by clicking the link above.
You may have to register before you can post: click the register link above to proceed.
To start viewing messages, select the forum that you want to visit from the selection below.
These trade wars, ignoring agreements, and sanctions are going to backfire. The EU is a bigger economy than the USA. If they can pull together, they're in a good position to sanction the US back.
China and Japan are a step down, but still quite big. If Trump isn't careful, he will be trying to sanction over half the world economy. I'm pretty sure the US would lose such a fight, most likely with a new recession kicking in. And nuisance shortages.
A quote from Ambassador Londo Molari comes to mind:
Originally Posted by Londo Mollari
Only an idiot fights a war on to fronts. Only the heir to the throne of the kingdom of idiots would fight a war on 12 fronts.
Trump seems intent to start a trade war with everyone at the same time. Working with allies to, say, strong arm China into making concessions is one thing. But what trading block is left that Trump isn’t targeting?
I don't suffer from insanity, I enjoy every minute of it.
It is rumored that China dumps its steel onto Canada for cheap because of free trade agreement between those countries... Canadian steel then gets dumped into the US... If you dont like Chinese steel or other commodities being sold for really cheap in the US, and if you want tariffs against China, then its logical to look at tariffs against Canada.
Location: Iowa, how long can this be? Does it really ruin the left column spacing?
Status:
Offline
Jun 6, 2018, 09:33 AM
Originally Posted by TheWOAT
It is rumored that China dumps its steel onto Canada for cheap because of free trade agreement between those countries... Canadian steel then gets dumped into the US... If you dont like Chinese steel or other commodities being sold for really cheap in the US, and if you want tariffs against China, then its logical to look at tariffs against Canada.
Are you saying that they import processed, finished steel, pull off the "Hecho in China" sticker and slap on a "Fabriqué au Canada" sticker and resell it?
Former Secretary of State Rex Tillerson is widely reported to have said that Trump is a "f*cking moron". Is there anyone left who truly doubts his assessment?
President Donald Trump and Canadian Prime Minister Justin Trudeau had a testy phone call on May 25 over new tariffs imposed by the Trump administration targeting steel and aluminum imports coming from Canada, including one moment during the conversation in which Trump made an erroneous historical reference, sources familiar with the discussion told CNN.
According to the sources, Trudeau pressed Trump on how he could justify the tariffs as a "national security" issue. In response, Trump quipped to Trudeau, "Didn't you guys burn down the White House?" referring to the War of 1812.
The problem with Trump's comments to Trudeau is that British troops burned down the White House during the War of 1812. Historians note the British attack on Washington was in retaliation for the American attack on York, Ontario, in territory that eventually became Canada, which was then a British colony.
“Hey, asshole... I don’t gotta justify jack shit.”
The history element is rhetorical.
Or one can go with the alternative interpretation which is that Rex
Tillerson was spot on when he was widely reported to have said that Trump is a “f*cking moron”.
It is rumored that China dumps its steel onto Canada for cheap because of free trade agreement between those countries... Canadian steel then gets dumped into the US... If you dont like Chinese steel or other commodities being sold for really cheap in the US, and if you want tariffs against China, then its logical to look at tariffs against Canada.
I haven't heard of such a rumor, but even if true, that doesn't make steel tariffs — especially on the ally Canada — a good idea. That will make steel more expensive for American companies, which in turn will have negative repercussions for other sectors of the American economy.
I don't suffer from insanity, I enjoy every minute of it.
Perhaps he, and/or the ghost of the american steel industry, think that if they starve the steel supply american steel can be great again?
If industry wants to grow, it needs to innovate. How about more american recycling companies instead of shipping it to china (who now doesn't want it anymore) or other far off countries.
Are you saying that they import processed, finished steel, pull off the "Hecho in China" sticker and slap on a "Fabriqué au Canada" sticker and resell it?
2017: Canada imported CA$9.3B in steel
2017: Canada exported CA$8.63B to the US
I'm not a fan of tariffs, but IF you do, THEN it would make sense to look at Canadian steel.
Location: Iowa, how long can this be? Does it really ruin the left column spacing?
Status:
Offline
Jun 7, 2018, 05:31 PM
Your assertion is that because Canada's steel imports are higher than their exports to the US, that they're turning around some significant portion of the imports and exporting them? And to you, that's evidence that Canada is selling Chinese steel to the US disguised as Canadian steel? And to you, that's a good reason to put a tarriff on steel from Canada?
Side note: The US imports 10 million barrels of oil per day. It also exports 6.3 million barrels of oil per day. What does that say to you?
Your assertion is that because Canada's steel imports are higher than their exports to the US, that they're turning around some significant portion of the imports and exporting them? And to you, that's evidence that Canada is selling Chinese steel to the US disguised as Canadian steel? And to you, that's a good reason to put a tarriff on steel from Canada?
Side note: The US imports 10 million barrels of oil per day. It also exports 6.3 million barrels of oil per day. What does that say to you?
The export/import #s were brought up as a theory as to why Canada might be targeted for tariffs as it's an argument Ive seen elsewhere (google it). It's not unheard of for China to dump commodities in one country that later end up in the US (Google it).
Side note...says nothing
Do you believe there was extensive rational thought behind the design and implementation of the tariffs?
Why does the true purpose of the tariff need to be hidden and then sussed out by internet detectives?
Extensive rational thought and the Trump Admin are like oil and water. Canada being a dumping ground for Chinese steel has been reported about before as has Mexico being a dumping ground for aluminum... If you believe in tariffs against China, then it makes sense to look at Canada.
I don't believe in tariffs, but I find some disconnect from those that want to talk tough with China on trade, yet whince at mentioning Canada.
Im just throwing this out there as a rational, and I don't want to spend too much time rationalizing a policy that will end up screwing over most Americans.
They are being so polite with him, so he thinks he's winning, but he doesn't realize that "We'll take that as a starting point" is doublespeak for "let the dumb baby have a cookie before the grownups start talking."
Case in point, Trump signed onto the G7 joint communique, only to pull out over twitter on the way home.
Also:
Asked what Trudeau actually did that was so "cheap" and "sophomoric," Kudlow says, "He holds a press conference and he said the US is insulting, he said that Canada has to stand up for itself, he says that we are the problem with tariffs."
*fans self* My heavens, I almost fainted from such thoughts!
Also Also:
Trump adviser Peter Navarro tells Fox News this morning: "There's a special place in hell for any foreign leader that engages in bad faith diplomacy with Donald J Trump and then tries to stab him in the back on the way out the door."
I can see why Trump likes Navarro (He's referring to Trudeau).
I can'r decide if it'd be a cheap shot or a diplomatic tour de force for the G6 to target Trump businesses. Particularly, it might be valuable if it caused Trump to let the facade slip and show to americans why you want your president to divest.
Trump wants to screw the Chinese on ZTE
Trump doesn’t want to take blame
Trump proposes concessions, knowing that his “opponents” will push against whatever he does
Congress pushes to screw China on ZTE
Trump gets exactly what he wanted, but now is the good guy in China’s books