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Trump at G-7 floats end to all tariffs, threatens major penalties for countries that don’t agree

Checkerboard Strangler said:
Hey, you're a sorceress...go spy on those other leaders and get back to us with what they're saying to each other when the Vulgar Talking Yam isn't in the room!

1d3fdd6a08340d02c7385cb719f51ca8.jpg


And...get your roots done! :lamo
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I suspect they're saying what we think they're saying, but who knows? :rofl

Plus, since she's 3,000 years old, the roots are the least of her problems! .. :lamo
 
Mycroft said:
Quotes...

Not interested in opinions.
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I saw the video. Trump said it, so it's not an opinion, unless you and his other followers would like to redefine the word "opinion". I wouldn't put it past you guys to try doing just that either. LOL.
 
DarkWizard12 said:
so the rest of the world can have barriers on us, but we can't have tariffs on them? Nah, I don't want to share with these bastards! **** the economy, nuke these greedy **** nations if you have to! if they don't agree, then make their population suffer!
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Trump demanded that the other G7 members remove their “ridiculous and unacceptable” tariffs on U.S. goods – which would be hard for them to do, because their actual tariff rates are very low. The European Union, for example, levies an average tariff of only three percent on US goods. Who says so? The U.S. government’s own guide to exporters.

It’s hard to make the case that the EU is taking advantage of the U.S. when the U.S. imposes a 25 percent tariff the U.S. still imposes on light trucks.
 
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Renae said:
OR, he's trying to even the trade playing field, you put up barriers, we won't tolerate that anymore. Fair trade is fair trade. I won't disagree he's rather crass about it, but that's how he is. I think his motives are in the right place on this though.
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see post #103.
 
Risky Thicket said:
You have to wonder if Trump's Kremlin controller suggested that Trump suggest Russia should be allowed back in the G-7.

Trump goes to the G-7 and advocates for Russia! :shock: ****ing hell.
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Russia First!
 
apdst said:
That's before your side lost the election and you desperately need to explain why, because you can't accept the fact that the people have rejected the Liberal agenda.
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My only "side" was anybody but trump.
And he proves every dayy side was the right side.
 
apdst said:
Whose side are you on? It doesn't appear you're on The United States's side. Punish your own country because you're butthurt over losing an election?
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No one said anything about the election..but you. That makes you the but hurt one still whining about the election.
 
MTAtech said:
Trump at G-7 floats end to all tariffs, threatens major penalties for countries that don’t agree


This is really, really bad. Trump is throwing a temper tantrum, threatening dire retaliation against our allies for high tariffs THAT DON'T EXIST. You can't reach a deal with someone who demands you stop doing something you aren't doing. It's sort of the trade equivalent of basing immigration policy on a crime wave by undocumented immigrants that exists only in Trump's fevered racist imagination. But unlike little kids torn from their parents, major economies can and will strike back.

The last thing we need in a good economy is a trade war that will cause havoc with the supply chain.
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An end to all tariffs isn't a bad thing. Infant industry perfectionism is perfect acceptable. However, when it's substituted for competitive economic policy (as opposed to race-to-the-bottom), that's where we get stagnation. See South America as a whole and the Asian consumer/investor base for example.
 
vesper said:
I just learned today that Canada has a 270% tariff on all dairy products from the U.S.. That sounds rather excessive from our "good" neighbor. And this is but one example in just one country. Tariff analysis can be complicated, as different rates apply to different products from different partners. But it is no secret for years the U.S. has gotten the shaft on tariffs making their goods so expensive in other countries the majority of people can't afford them.

Last week I read that China offered the U.S. 70 billion in more trade on agriculture in turn if Trump would not raise tariffs on certain China products.
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We have a 350% tariff on tobacco goods from the EU and 130% tariff on peanuts. It goes both ways.
 
azgreg said:
Last I looked it was just under 2% both ways.
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I know that the U.S. government has "buy American" clauses that end up forcing the federal government to overpay on some of it's expenditures. However, there are many agricultural goods prohibited from being exported from the U.S. to the E.U..

But nobody has provided a transparent international comparison so far as i know (in this thread).
 
Kushinator said:
I know that the U.S. government has "buy American" clauses that end up forcing the federal government to overpay on some of it's expenditures. However, there are many agricultural goods prohibited from being exported from the U.S. to the E.U..

But nobody has provided a transparent international comparison so far as i know (in this thread).
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You mean like this...

azgreg said:
USA - 1.6
UK - 1.6
Canada - .8
France - 1.6
Germany - 1.6
Italy - 1.6
Japan - 1.4
EU - 1.6

https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS
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CriticalThought said:
You mean like this...
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Misleading.

It shows total tariff weights, but that doesn't tell us much when tariffs between E.U. nations are virtually non-existent. Most favored values would be more reflective of the difference in trade agreements, but again this misses the scope of my question.
 
vesper said:
I just learned today that Canada has a 270% tariff on all dairy products from the U.S.. That sounds rather excessive from our "good" neighbor. And this is but one example in just one country. Tariff analysis can be complicated, as different rates apply to different products from different partners. But it is no secret for years the U.S. has gotten the shaft on tariffs making their goods so expensive in other countries the majority of people can't afford them.

Last week I read that China offered the U.S. 70 billion in more trade on agriculture in turn if Trump would not raise tariffs on certain China products.
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That tariff is at that rate because there is an over abundance of milk in the US and Canada. The latter addressed this issue by limiting production and placing a high tariff on imported dairy, but the US hasn't and expects Canada to lower that tariff so the excess milk can go to their market even though they don't need it. The basic premise is Canadian tariffs should be lowered so milk production and its subsidies from the US government to milk producers can continue unfettered. That makes sense if your sole interest is protecting US milk farmers, but if you're Canada then not so much. Milk exports have taken a hit over the past few years; be it the EU or China. Maybe Trump should work something out where the ZTE deal also includes increased dairy exports.
;)
 
MTAtech said:
Trump at G-7 floats end to all tariffs, threatens major penalties for countries that don’t agree


This is really, really bad. Trump is throwing a temper tantrum, threatening dire retaliation against our allies for high tariffs THAT DON'T EXIST. You can't reach a deal with someone who demands you stop doing something you aren't doing. It's sort of the trade equivalent of basing immigration policy on a crime wave by undocumented immigrants that exists only in Trump's fevered racist imagination. But unlike little kids torn from their parents, major economies can and will strike back.

The last thing we need in a good economy is a trade war that will cause havoc with the supply chain.
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Actually most countries we trade with have fairly high tariffs, they seem to mdemand we keep tariffs low while they keep them high, just look at eu import vat, or canadian tariffs or mexican tariffs, you wil see america is not close to them, it seems to be the world tariffing america while screaming bloody murder if we do the same to them.
 
MTAtech said:
Imagine Trump pissing off all the G7 members and insisting that Russia, that has an economy the size of Spain's, should be in this club. Let's forget why Russia was thrown out. Let's just acknowledge that Putin has something on Trump.
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I thought it was the size of italy, oh wait russias economy in the last two years has jumped by leaps and bounds despite sanctions, so yea let us exclude the second most powerful military on earth and the only one capable of fighting america head on but let's keep the weaker italian economy in the g7, it screams nothing more than you do not like them and seem to put the order of the world and peace as secondary to your personal grudges.
 
Risky Thicket said:
I saw the video. He said it. He also spent time, more than once, blaming all his predecessors and making it all about him.

Don't be surprised if the G-7 votes to kick his lumpy, fried chicken ass out making it the G-6.
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Wel if the g7 becomes the g6 it will not be good, as russia refuses to rejoin even if let back in, they see it as a western circle jerk of western powers with no real meaning, while they see the g20 s more meaningfull. If the largest and second largest armies on earth left, it would literally be nothing more than a eu circle jerk.

The g20 covers the economic leaders plus emerging economies, and has much more meaning to the world. The g-7 kicking out america would do nothing more than prove russia right, that the g7 is meaningless circlejerk that has no impact on the world.
 
What about domestic subsidies that allow a nation to effectively have a costing advantage, such as lower minimum wages, cheap energy, free health care, etc...?
 
Kushinator said:
What about domestic subsidies that allow a nation to effectively have a costing advantage, such as lower minimum wages, cheap energy, free health care, etc...?
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No one likes to adress that, subsisies are ok for emerging industries, but they often end up carrying them with the industry never advancing. I know countries like germany heavily cover their automotive one way or another, while australia has the least protected automotive industry. on the same token australia has one of the most protected steel indistries that can barely produce steel and needs t send to to japan for refinement.


in most countries you will find protected industries, some not so much, others like china protect them so they can sell it below cost, this is reality, and goes well beyond tariffs,
 
beerftw said:
No one likes to adress that, subsisies are ok for emerging industries, but they often end up carrying them with the industry never advancing. I know countries like germany heavily cover their automotive one way or another, while australia has the least protected automotive industry. on the same token australia has one of the most protected steel indistries that can barely produce steel and needs t send to to japan for refinement.


in most countries you will find protected industries, some not so much, others like china protect them so they can sell it below cost, this is reality, and goes well beyond tariffs,
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i have to laugh when it comes to Washington and it's so called anti Russian rhetoric of blaming Russia for everything this whole Russian stuff is a red herring just Washington trying to put more pressure on the EU to drop Nordstream2 ... Washington is hell bent in stopping it because they want to replace Russia as the EU's sole supplier ... it's an attempt to impose economic sanctions on both Russia and the EU .... Russia needs a united Europe for trade..... Russia does not want a volatile and unstable EU at it's border it has enough on it's plate with NATO


you could say Trump is a puppet of Netanyahu and Israel he has delivered everything he said he would do when it comes to Israel
 
apdst said:
That's before your side lost the election and you desperately need to explain why, because you can't accept the fact that the people have rejected the Liberal agenda.
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How did the people reject the liberal agenda when Clinton got more votes than Trump?
 
The press conference Trump gave, WTF was all that about. The man babbled, I have a great relationship with world leaders because they smile at me, lol !!!

This man is a naïve moron. He lied and his supporters eat his BS with a smile on there faces.
 
Atomic Kid said:
You or anyone else can't be sure that the Russian interference campaign didn't decisively tilt the election in Trump's favor as the difference between a near complete reversal of the electoral college vote count hinged on as little as 80,000 votes.
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"Influence" and "interference" are two very different things. If Russia actually hacked our election system and changed votes -- we should be mad at Russia. If, instead, Russia published propaganda and Americans were too stupid to realize it -- we should be concerned about American stupidity.

However, no one has - to date - shown that the actual election was flipped by Russia. No one (of any status) is even suggesting it.

There is no law that says one country cannot try to "influence" the election of a leader in another country. We do it all the time. Did Russia influence us? Probably not to any extent -- but for sure they didn't "fix" our election.

You seem to be forgetting that the Russians invaded a sovereign nation that was aspiring to become more democratic and it was that more than anything else that worried the Russians The wedge Trump is driving between us and our traditional allies and the dismantling of the liberal democratic economic world order that the US help build makes the prospects of a major war more likely than unlikely. You're thoughts antithetic to world peace and the preservation of our democratic institutions.[/QUOTE]
 
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