G-7 summit: Trump strikes 'billion-dollar' trade deal with Japan

zimmer said:

TPP obviously wasn’t the panacea it was cracked up to be, or the media would have got ape**** bonkers.

My guess is it would be like joining the EU... sounds good in theory, but when it hits the fan, the reality is something else... like NAFTA.

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The TPP is exerting it's influence on these negotiations.

US, Japan agree trade deal 'in principle'

"Negotiators have agreed Japan will place tariffs on US agricultural products up to levels that apply to members of the Trans-Pacific Partnership (TPP) pact, Japan's public broadcaster NHK and major Japanese dailies reported.

Both sides agreed Japan will cut tariffs on US beef and pork to TPP levels, but will not set new quotas for butter and skimmed milk, NHK said, citing unnamed sources.

Japan has repeatedly said the extent of the opening up of its agricultural market would be within the concession it had made to members of the TPP pact.

After an abrupt US withdrawal from the TPP, 11 countries circling the Pacific last year signed a slimmed-down version of the trade deal, and the pact has been championed as an antidote to growing US protectionism under Trump.

The US president has since sparked fears of a trade war by levying steep tariffs and denouncing unfair trading practices."

zimmer said:

Trump’s “magic wand” strikes again.

A deal is all but sealed with Japan.


President Donald Trump confirming, "it’s a very big transaction and we’ve agreed in principle," while speaking beside Prime Minister Shinzo Abe in France after a meeting at the G-7 summit.

Trump said the prime minister agreed to purchase some of U.S. farmers’ corn, blaming China for the excess product on farmers' hands.

“From our point of view it is extremely important for our farmers and ranchers and those who work in the digital space,” he said, noting Japan is “our third largest advocate to market.” Already the island imports $14 billion in agricultural products, and Lighthizer said the agreement would open up $7 billion more.

G-7 summit: Trump strikes '''billion-dollar''' trade deal with Japan | Fox Business

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Trump’s “magic wand” strikes again.

Every little bit to help bring the Commi Chinese to their knees is good news.

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Who is the fool, the fool or the one who believes the fool?

We have witnessed over the lat 2-1/2 long years promises of "deals" that never materialize. Your side was gearing up to give Trump the Nobel Prize for getting North Korea to give up its nuclear weapons. So glad nobody built a shelf in the White House to hold the prize.

I am sure there will be some kind of deal, Japan is a large trading partner and there are agreements made routinely. While Trump says that he had reached a trade pact, Japanese leader Shinzo Abe said, more work had to be done, and it was unclear what format the trade pact might ultimately take.

By the way, a "billion-dollar" trade deal isn't a big deal, even if it happened.

What I read into this is a face-saving for Trump, who made the Dow Jones fall over 600 points the other day over his crazy tweeting.

zimmer said:

Trump’s “magic wand” strikes again.

Every little bit to help bring the Commi Chinese to their knees is good news.

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LOL Trump and his supporters are so gullible.. or in fact communist lovers?

The Japanese PM is playing along. Japan does not buy anything, that is up to private companies and if they dont need or want (due to price or quality), then there aint gonna be anything "bought by Japan". So far every single "deal" Trump has done has failed... this one will of course fail as well. The only countries that buy stuff are communist countries.. so North Korea and Cuba.. rest of the world dont.

zimmer said:

Well, Obama.....

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Oh God. Is there any chance of you actually addressing the issue at hand without avoiding it by bringing up Obama propaganda? Do you even understand the issues? I'm guessing no, because if you did you wouldn't need to constantly default to FOX News tactics. Your irrational hate for Obama is more important than actually defending Donald Trump.

zimmer said:

was not known for negotiating good deals. Name a good deal he made.

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The Iran deal. Dur. Where once Israel had ten years of security while the U.S. had time to work on Iran, now Israel has nothing. You did this. You and your moron in the White House. That was a good deal, **** upon, for ignorant partisan purposes. This was Trump, and his Conservative base, who like to declare that they "support Israel."

zimmer said:

This guy who claimed to have such stellar “judgement” is responsible for the ME invasion of Europe, the God awful deals with Iran and Cuba... support for the Muslim Brotherhood.

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The ME invasion of Europe stemmed from the Arab Spring, which Muslims started, and our Congress' refusal to properly fund new Muslim democracies. Obama asked for a relatively small amount of funds ($800 billion), and he was denied and given far less ($2.2 billion). In other words, you Conservatives cheered for the invasion of Iraq in 2003 to launch democracy in the region, and when it finally became a region wide movement in 2010, you shrugged and played partisan politics. In the mean time, Obama's wait-and-see Foreign Policy handed leadership off to Europe. But...what happened to "support the troop" who busted his ass and bled to see something like an Arab Spring? This is one of the indicators I noticed when I first began to see through the Conservative BS.

Blaming only Obama is very ignorant. That's more FOX News propaganda.

zimmer said:

As noted earlier, if TPP was so great, the Goebbels Media would have shredded Trump during the election. Opponents would have shredded Trump. They didn’t. In fact, Hillary started on the anti-TPP train too.

The EU sounded good in theory, as did NAFTA.

Trump is dealing with China. No previous president had the stones to.

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The media did report on Trump's walking away from TPP. And "shredding" has nothing to do with it. With Trump "shredding" anything Obama to please his mindless constituents, it was merely more of the daily thing. And if Clinton jumped on the anti-TPP train, then she was also stupid.

This is a Foreign Policy issue in which big boys should learn for themselves. If you need the media to help you understand things, then there is no wonder "fake news" is such a favorite tag line among Conservatives. And when one speaks of a "Goebbels Media" it has been established through study after study that FOX News is it. All fake but FOX, huh? Think hard about that.

NAFTA was another place where Trump had an opportunity to get a handle on illegal immigration but failed. By the late 1990s, cheap American agriculture had begin to damage the farming industry in Mexico. BY 2006, Mexico had become the second most importer of American goods on the planet. Along the way, out of work Mexican farmers began crossing the border to look for work. Do you know what the key focus of Trump's NAFTA reform was? The American car industry. With this now poised to flood Mexican markets, the next wave of illegal immigration is on the way. And you only obtuse response to these illegal immigration creating policies is to "build a wall?" This is something else for you to think hard on. Or dismiss and turn FOX News on.

zimmer said:

Well, Obama was not known for negotiating good deals. Name a good deal he made. This guy who claimed to have such stellar “judgement” is responsible for the ME invasion of Europe, the God awful deals with Iran and Cuba... support for the Muslim Brotherhood.

As noted earlier, if TPP was so great, the Goebbels Media would have shredded Trump during the election. Opponents would have shredded Trump. They didn’t. In fact, Hillary started on the anti-TPP train too.

The EU sounded good in theory, as did NAFTA.

Trump is dealing with China. No previous president had the stones to.

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The Iran nuclear deal was better than anyone in 30 years could have hoped for.

zimmer said:

TPP obviously wasn’t the panacea it was cracked up to be, or the media would have got ape**** bonkers.

My guess is it would be like joining the EU... sounds good in theory, but when it hits the fan, the reality is something else... like NAFTA.

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No agreement, whether a trade agreement or a contract to buy a house, is a "panacea" because everyone doesn't get everything they want. That doesn't mean that we aren't better off with them than without the agreement.

zimmer said:

What did Obama accomplish? What’s his lasting legacy? Iran? Cuba? Spying on the Trump campaign?

This is the guy who said (paraphrasing) “what magic wand does he (Trump) have” when it came to creating jobs at home.

Look, I understand Leftists hate history. Especially fresh and massive failures like Obama... but ignoring the past only helps keep you ignorant.

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I love history. I’m just not much for made up nonsense. Particularly when it’s so obvious.

MTAtech said:

Who is the fool, the fool or the one who believes the fool?

We have witnessed over the lat 2-1/2 long years promises of "deals" that never materialize. Your side was gearing up to give Trump the Nobel Prize for getting North Korea to give up its nuclear weapons. So glad nobody built a shelf in the White House to hold the prize.

I am sure there will be some kind of deal, Japan is a large trading partner and there are agreements made routinely. While Trump says that he had reached a trade pact, Japanese leader Shinzo Abe said, more work had to be done, and it was unclear what format the trade pact might ultimately take.

By the way, a "billion-dollar" trade deal isn't a big deal, even if it happened.

What I read into this is a face-saving for Trump, who made the Dow Jones fall over 600 points the other day over his crazy tweeting.

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What makes you think they didn’t build that shelf for the Nobel Prize?

They’re naive and arrogant enough.

bluesmoke said:

Trump magic wand too short to make good deal.

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A deal's a deal and it's not a bad one. I just don't get how his supporters can convince themselves to avoid the truths so that they can praise Him for breathing. Some don't even bother defending him. They just whine about a former President and a former President wannabe. In the meantime, this is a guy who declared PTT horrible and the Iran deal the worst in history. Well his answer to both, in terms of a better deal, was to:

- swap a trillion from throughout the Pacific for a billion from Japan...
- and to walk away from the Iran deal so that he can implement no deal.

The Art of the Deal? The guy is an idiot who center's the best interests of our country around his pathetic and false ego. And he has convinced his constituents that he is all that they deserve.

PeteEU said:

LOL Trump and his supporters are so gullible.. or in fact communist lovers?

The Japanese PM is playing along. Japan does not buy anything, that is up to private companies and if they dont need or want (due to price or quality), then there aint gonna be anything "bought by Japan". So far every single "deal" Trump has done has failed... this one will of course fail as well. The only countries that buy stuff are communist countries.. so North Korea and Cuba.. rest of the world dont.

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I think many of them actually choose to be gullible because they need to keep clinging to their busted ideologies in a world where facts have become too inconvenient. And with FOX News avoiding many uncomfortable facts, these viewers remain comfortably in their ignorant bubbles.

Apparently, Trump's little deal is going to be put through the strainer of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP-11), which is the organization developed in the Pacific after Trump abandoned the original TPP. Thanks to Trump, we sit on the outside of this instead of being a leading voice. You know, like he did with:

- the Iran deal, where Iran now looks to European, Russian, and Chinese powers for international leadership
- the Transatlantic Trade and Investment Partnership (TTIP), which he tabled for over a year while Putin strengthened his pipeline diplomacy across eastern and western Europe
- the Jerusalem Embassy move, where the Palestinians and Sunni governments now dismiss America as a voice for peace

Like I have stated enough times, Trump has managed to reduce American influence all-but permanently in virtually every region on the planet just so he can play his temporary partisan game for his moron base who worship a perverted and bitter version of "America First."

Socialist Trump has given the farmers over $20 bil of the tax payers money because of his awful trade policies..

Now his cult like supporters want us to celebrate a billion $ deal?

Come on people, just look at who made the OP.

zimmer said:

Well, Obama was not known for negotiating good deals. Name a good deal he made. This guy who claimed to have such stellar “judgement” is responsible for the ME invasion of Europe, the God awful deals with Iran and Cuba... support for the Muslim Brotherhood.

As noted earlier, if TPP was so great, the Goebbels Media would have shredded Trump during the election. Opponents would have shredded Trump. They didn’t. In fact, Hillary started on the anti-TPP train too.

The EU sounded good in theory, as did NAFTA.

Trump is dealing with China. No previous president had the stones to.

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actually EU has fallen out with Trump over pulling out of Iran as the deal was working and he is now alienated his European allies and then there was him pulling out of the INF treating citing Russia was to blame but only a couple months later USA test fired INF busting missiles ... America has been working on this system for over a decade it does not happen over night ... you will not be allowed to place your systems in Europe ... any EU nation (eastern european) that accepts them will most likely be kicked out of the EU

zimmer said:

Trump’s “magic wand” strikes again.

Every little bit to help bring the Commi Chinese to their knees is good news.

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ROTFLMAO!!!!!!!!!!!

One of the all time most ******************** posts.

I'll bet nobody has ever sen anything like it and it's the greatest deal any country has ever made.

This is all sooooooooooooooooooooooooooooooooooooooooooooooooooooooooo insane.

But do carry on.

ashurbanipal said:

So...let me get this straight. Trump kills a $1 trillion dollar deal that was already signed and that would have forced China eventually to adopt new trade policies more favorable to us, while opening trade with Japan, Singapore, Brunei, etc. Then, he negotiates a $1 billion dollar deal with Japan, the details of which aren't yet known, and you are celebrating.

I seem to recall a scene from one of the Austin Powers' movies: Why make a billion when you can make...a million? Again, just cannot make this sh*t up...

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This IS Trumpism.

Straight out of the Theatre of the Absurd.

(not that Trumpets know what that is)

zimmer said:

As noted earlier, if TPP was so great, the Goebbels Media would have shredded Trump during the election.

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Why would FOX News and Brietbart shred Trump? That makes no sense.

zimmer said:

My... your ignorance runs deep.

It is an iron-fisted Communist tyranny that has sent millions of Muslims to re-education camps.

They harvest organs from prisoners.

They have an authoritarian point system that demands compliance or else.

You recall those tanks at Tiananmen Square pulverizing the flesh of the citizens?

Have you seen the latest about Hong Kong?

They may allow business to happen under their strict controls, but they are Communists. They lie, cheat and steal. They oppress their citizens. They’re Communists through and through.

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China is a capitalist marlet economy and it has been for 40 years. You cannot have a market economy and be communist. The fact that there is an authoritarian government with strict social laws doesn't mean that they are communist. Communism is an economic idea of group ownership and control of the means of production and it is irrelevant of the government either being authoritarian or civil libertarian on civil rights and freedoms.
Is Saudia Arabia, Pakistan, and Iran also communist because of their strict conservative Islamic social laws, according to yoyur claims?
Stop using words and ideas that you do not understand.

MSgt said:

Obviously? No. The media reported it. From Forbes...



But like the Iran deal, Trump's declaration that it was a "horrible deal" came with no explanation. There were two motivations:

- One, his loyalist base loved it when Trump criticized anything Obama, therefore he killed it with gusto and to their applause. The same was true for Obama-era environmental protections and the Iran deal.

- Two, if you recall, Trump had many expectations when it came to budding up to China after elected. He thought pulling out of the TPP deal and dealing directly with China with a different deal would create better revenue for America. Of course, this was before he launched into a trade war with Beijing.

In the meantime, we walked away from a binding deal that would have sought to shove China to the edges in East Asia and across the Pacific. Ever hear of the People's Bank of China? It offers unconditional loans to countries across Asia and Africa that prefer not to play by the World Bank's rules. As of last year (2018) China became the world's largest development bank, which means that it is directly competing with the World Bank. Do you know what this means for geoeconomics and geopolitics? Let me put it to you this way: we created the World Bank and the IMF at Bretton Woods 1943. We created these in order to center the global economy around the dollar and the American flag. This is why we had so much influence in developing countries and why we promoted ourselves as product manufactures of the loans. They borrowed to purchase American goods. Do you think the People's Bank of China cares about the dollar or the American flag?

THIS is China's threat, and Trump's walking away from TPP opened the door wider.

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Exactly. Once China dislodges the dollar as the international trade currency, our prosperity will go out the window. This is the largest threat to the American economy since WWII. Obama was working to stop that, but Trump killed the TPP *exclusively* because it was Obama's deal, regardless of the nefarious consequences for America. Trump by the way couldn't care less for America. All he cares about, is his cult of personality and his big ego. He seems to care about Ivanka too. He has a crush on her, his own daughter (eewww). Otherwise, he doesn't even care about other members of his family; definitely not his wife, not his son-in-law, and only marginally his sons. Trump also cares about the Trump Organization. That's about it. Period, full stop. America? Only in the sense that being its president enhances his cult of personality and his fortune.

zimmer said:

Trump’s “magic wand” strikes again.

Every little bit to help bring the Commi Chinese to their knees is good news.

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What about the billions and billions in unsold soybeans?

zimmer said:

Trump’s “magic wand” strikes again.

Every little bit to help bring the Commi Chinese to their knees is good news.

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Japan will probably take the corn and process it into some product they then sell to China at a bigly profit.

Amelia said:

:inandout:

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This is what I do on all Zimmer threads.

zimmer said:

Trump’s “magic wand” strikes again.

Every little bit to help bring the Commi Chinese to their knees is good news.

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Do you honestly think that the leaders of China are not worth 10's of millions to billionaires? I am including their families

This is the only interesting thing that happened at the G7:

zimmer said:

My... your ignorance runs deep.

It is an iron fisted Communist tyranny that has sent millions of Muslims to re-education camps.

They harvest organs from prisoners.

They have an authoritarian point system that demands compliance or else.

You recall those tanks at Tiananmen Square pulverizing the flesh of the citizens?

Have you seen the latest about Hong Kong?

They may allow business to happen under their strict controls, but they are Communists. They lie, cheat and steal. They oppress their citizens. They’re Communists through and through.

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I think you better check with some of your other compadres (who will go nameless here), who regularly insist that China is doing so well only because it is capitalist.