Author Topic: Trump Trade Offer: NO TARIFFS, NO TARIFF BARRIERS, NO SUBSIDIES  (Read 51 times)

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Christians4LessGvt

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Pollak: Trump Calls G-7's "Free Trade" Bluff



10 Jun 2018

President Donald Trump stunned the G-7 on Saturday in Canada with his call for a complete end to all tariffs, and non-tariff barriers to trade, like government subsidies.

"Ultimately that's what you want," the president said at a news conference in Charlevoix. "You want a tariff-free [arrangement]. You want no barriers. And you want no subsidies. Because you have some cases where countries are subsidizing industries and that's not fair."

Trump's proposal was shocking, coming just days after he applied tariffs on steel and aluminum imports from the European Union, Canada, and Mexico. The other six members of the G-7 came to Charlevoix prepared to blast the U.S. for protectionism, and President Trump simply called their bluff.

Not one of the other leading economies embraced Trump's proposal. As President Trump has often complained, they have their own tariffs and subsidies to protect powerful domestic constituencies and special interests, despite professing their commitment to free trade in high-minded terms.

Trump may not have been serious. But the brilliance of his proposal is that he can always say he made it, and it was rejected. He can use that to justify protectionist measures he takes later.

Indeed, that is exactly how Larry Kudlow, Director of the National Economic Council, used Trump's gambit on CNN's State of the Union on Sunday morning to respond to criticism from Canadian Prime Minister Justin Trudeau and Sen. John McCain (R-AZ).

"President Trump went through those two days of conference talking about the need for a new free trade system, no tariffs, no tariff barriers, no subsidies. He is a trade reformer, as I have argued again and again, and he put that out," Kudlow said, adding: "President Trump made it clear time and again in those two days outside of Quebec [City] that he wants to reinstitute a process of free trade, no tariffs, no tariff barriers, no quotas and subsidies "he was absolutely consistent during this entire trip."

Trudeau and the rest of the G-7 failed to seize on Trump's proposal. After that, Trudeau's attack on the president, after a joint communiqu had been signed, and after Trump had already left for the summit with North Korea in Singapore, was not only offensive to Trump, but pathetic. He had his chance and he lost it.

Trump may not be the free trader Kudlow describes him to be. But he called the G-7's bluff, strengthening his, and America's, bargaining position in future trade talks.

http://www.breitbart.com/big-government/2018/06/10/pollak-trump-calls-g-7s-free-trade-bluff/
"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

kimba1

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Re: Trump Trade Offer: NO TARIFFS, NO TARIFF BARRIERS, NO SUBSIDIES
« Reply #1 on: June 11, 2018, 06:32:17 PM »

Trump's proposal was shocking, coming just days after he applied tariffs on steel and aluminum imports from the European Union, Canada, and Mexico.

does this mean he rescinded that tariff??

Christians4LessGvt

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Re: Trump Trade Offer: NO TARIFFS, NO TARIFF BARRIERS, NO SUBSIDIES
« Reply #2 on: June 12, 2018, 09:22:59 AM »
no it means he will play the game....and will begin playing hardball....but open to no tariffs, no tariff barriers, no subsidies
President Trump calls out the wussies like from Canada that are crying but run a huge trade deficit with the US
billions and billions deficit
Trudeau pretends he is outraged....but he knows he's got a sweet deal in the billions
facts matter....fake outrage from the G7 and Trudea dont matter....
sure they are outraged because they love their sweet deals
the U.S. imports more goods from Canada than it exports ...to the tune of billions of dollars
"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

kimba1

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Re: Trump Trade Offer: NO TARIFFS, NO TARIFF BARRIERS, NO SUBSIDIES
« Reply #3 on: June 13, 2018, 11:45:26 AM »
that depends on the imports. we previously talked about china and soy beans . i checked on that and found alot of stuff exported to china is low grade stuff or luxury items that the chinese will never see like american chicken feet. cutting those supplies will very little to china but hurt serious business in the states.

it really depends on whats being the items.



Christians4LessGvt

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Re: Trump Trade Offer: NO TARIFFS, NO TARIFF BARRIERS, NO SUBSIDIES
« Reply #4 on: June 13, 2018, 09:43:14 PM »
i checked on that and found alot of stuff exported to china is low grade stuff or luxury items that the chinese will never see like american chicken feet.

yes because the Chinese, Canada have huge tariffs on many many American
products....of course it's only certain items you find....its because of the tariffs!
billions and billions and billionson this one way unbalanced street
if nobody is afraid...lets drop all tariffs all barriers and no subsidies
that wont happen because they are scared shitless
"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

kimba1

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Re: Trump Trade Offer: NO TARIFFS, NO TARIFF BARRIERS, NO SUBSIDIES
« Reply #5 on: June 14, 2018, 12:44:20 PM »
No sure about scared . The tariff we made only benefits america only so how exactly does it help the other country to not make a retaliatory tariff? Explain why they shouldn't have a tariff. If thier scared wouldn't they take the tariff and bite the loss?