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© Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Trump takes aim at Canada as global trade war looms
By PAUL WISEMAN and KEN THOMAS WASHINGTON©2024 GPlusMedia Inc.
48 Comments
PTownsend
Inconceivable to those able to reason beyond the level of a 6 year old. Trump: alienating the world, further isolating the US, bringing the country down, enabling Russia and China to get even stronger and fill the void left by the rapidly sinking US. But that's what he and his followers wanted, isn't it.
Blame Canada? Does Trump watch South Park?
Black Sabbath
The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
-- Article I, Section 8, Paragraph 1 of theUnited States Constitution:
VOTE DEMOCRAT
DAaron
There sure is a lot of talk and people ridiculing Trump's trade tariffs, and also a bunch of threats but it will be interesting to actually see how this whole thing plays out in the end, I don't think it will end up badly for the U.S despite all the nonsense.
iworld99
We should really diversity our trade. The Americans is taken us and our resources for granted.
bass4funk
https://www.mercurynews.com/2018/04/16/poll-democrats-advantage-in-midterm-election-support-shrinking/
Uh-oh.....
https://www.independent.co.uk/news/world/americas/us-politics/midterm-election-polls-2018-predictions-democrats-republicans-donald-trump-a8307611.html
Republicans, you got this...
CrazyJoe
Trudeau is being diplomatic but Trump has marked a huge turning point in Canada-US relations that will last into the future. Canada will orient itself more to Europe and Asia. Trade with the US will go down to levels that existed pre NAFTA about 50% and possibly. It is very strange how Trump is undermining allies Canada and Europe, this looks like a tailor made Putin wish list. Wouldn't be surprised if once irreversible damage is done we discover that the Trump corporation has a multi-billion dollar deal with Russia. None of this is good for the average Americans long term , but it may be good for Trump and Putin. Trump and the US may not realize it but this bout of insanity has marked the end of the world as we know it, what is ahead is mostly instability and an even bigger greedier plutocracy.
SuperLib
I’m all for protecting Americans and Americans first, but I think he got some serious bad advice from someone. I sure hope he rethinks his rather stunning decision on this.
sf2k
USA can't meet its metal needs without Canada, it simply doesn't have the production. Thus higher costs are imposed upon themselves as companies will have no choice. Congrats?
USA's bargaining with NAFTA was a joke from the get go. That it couldn't conclude a deal with Canada means no country will be able to
Why bother?
Matt Hartwell
Unfortunately proves how clueless he is. Its one thing to get fired up about the U.S trade imbalance but if you can't stick to the facts and make decisions based around that, you are really going down a path to stupidity.
I doubt it. Why would Canada turn away from the worlds largest or second largest economy on their doorstep? There ability to crack the European and Asian market would also be highly questionable. Its obviously very competitive. Their whole economic model is orientated towards the U.S. Its not not easy to change. This situation will pass and things can get back to normal. I wouldn't worry about Russia. If was American or European I would be more worried about Europe making concessions to China which weakens the long term strategic outlook for European companies. There seems little doubt to me that major U.S and European companies are going to have to merge in future to compete with China. Anything that gives China greater access to IP is a monumental mistake that allows China to eat their breakfast.
bass4funk
Well, let's see where this goes. I'm not the biggest fan of trade wars, but maybe there is something to this. Just have to wait and see.
sf2k
The faster USA falls the more likely China will be ready to replace it
Pukey2
Basically, when Trump's finished screwing everyone, the only allies he'll have left are Vladimir and Bibi. And if he screws China anymore, they just might hit him where it hurts - his and his daughter's businesses and trademarks in China.
bass4funk
Which means, for China to supposedly replace it, America can't fail, since we buy more of their junk than any other country. So the US will be fine.
Aly Rustom
Joe I agree. This is why I have been saying for the past year that Canada needs to form a CANZUK agreement with the UK OZ and NZ.
This latest move by Trump will most likely spell the end of NAFTA. I can't see it going on. And Trump has for ages reiterated his distaste for Nafta. I can't help thinking this is his way of killing the deal.
Canada needs to stop putting all of its eggs in the US basket. Trudeau needs to reach out to the other 3 canzuk nations and form a FTA with them fast.
sf2k
Can't wait to see all the US warplanes, guns, and ships destroyed because they probably contain Canadian metal and are therefore a "security risk".
sf2k
Aly Rustom
I could see a CANZUK type agreement after UK's Brexit, but Australia NZ Canada already have the CPTPP. I would like to see freer movement of people though, give us all the "grass is greener on the other side" a chance to branch out
SuperLib
The problem is that they will just put the same tariffs back on us, then we are back to square one. Trump will then have to decide if he wants to double down, which they will match, or back down, in which case he looks weak.
If the world starts to unite against us then we lose our leverage.
sf2k
If the world starts to unite against us then we lose our leverage.
You never had any leverage. Mine! It all belongs to Me! Winner! isn't leverage
wtfjapan
since we buy more of their junk than any other country. So the US will be fine. not until China , EU , Canada, Mexico, Japan all take the US to the WTO, and put their own retaliatory tariffs in place. Id say Canada is well placed since they import more American goods than vise versa. Those red states are going to take a huge hit from Trumps policies
ThePBot
Matt Hartwell
But why is there a situation in the first place? I thought the men of the west would stick together no matter what.
sf2k
Some hilarious reality for the Canadian aluminum industry as reported by CBC: http://www.cbc.ca/news/politics/canadian-aluminum-shows-its-mettle-in-face-of-trump-s-tariff-1.4686655
U.S. industry buys half of its aluminum from Canada
Canadian industry responded to the announcement in March by factoring the tariff into their prices, and then essentially pocketed that 10 per cent surcharge during the two months that Canada enjoyed a tariff exemption.
Following Trump's March announcement, the base price of aluminum on the London Metals Exchange, which had been trending downward, suddenly shot up 30 cents
Trump essentially wrote a cheque for $600 million to Canadian aluminum producers
Just one Canadian smelter — Aluminerie Alouette Inc. in Sept-Iles, Que. — comes close to equalling the entire output of the U.S. aluminum industry.
Even if USA ramped up production to maximum capacity, U.S. smelters probably could only add about 2,000 jobs. It's predicted the tariff will cause between 23,000 and 90,000 direct job losses in manufacturing.
US makes less than 1 million tonnes a year, but imported almost 3 million from Canada. We have cheap hydroelectric power USA doesn't have, so our production costs are tiny.
As prices go up in the US, more aluminum will be recycled, which will further job losses in the US as primary production will be shut down due to costs.
The longer the tariff lasts, the longer USA cripples their own capacity they will have given the Canadians millions of dollars more.Thanks Turnip!
Dango bong
Canada? Um... US wins
CaptDingleheimer
Better stock up on that B-grade cheap-o maple syrup while ya can, boys- that Vermont stuff's expensive!
bass4funk
They can do that and also get hurt in the process, even the stock market is betting that the Europeans will back down, good sign, too long has everyone taken advantage both friend and foe, that all has got to stop.
Not so sure about that, Canada is also in a position of cutting it’s own throat, but hey, they can try.
ZENJI
The man is a lunatic. devoid of purpose or reason. Whatever feels good on the day trump will attack, friend or foe or both.
gokai_wo_maneku
The world leaders look at Trump and think: "With friends like that, who needs enemies."
8T
Ready, Aim, Fire! Making America great again!
PTownsend
reward those, for example billionaires in the coal industry, that contributed millions to his 'inaugural fund by granting them government subsidies. But wouldn't Trump supporters call that 'socialism'?
https://slate.com/news-and-politics/2018/06/trump-coal-subsidies-will-help-inaugural-fund-donors.html
The trade war threats might be a Trump tactic to get some foreign companies to pay him (or more likely one of his private army of 'fixers') to make the tariffs go away for them.
After all, Trump's White House is for sale to the highest bidders. Trump cares jack nada about 99.9% of Americans; he only cares about his fortune. And paying off his debts to international 'financiers'. And playing golf.
Ray Payne
When will people understand that what Trump wants for America is fair trade. For decades America has been ripped off by these complaining protectionist countries with there cunning trade tactics.
Start by looking at the huge trade imbalances in favor of these countries. Enough is enough, if it takes the threat of tariffs to get truly free and fair trade, so be it.
Toasted Heretic
Trump has proved beyond doubt he is an enemy of not just the American people, but of the world. His so-called allies will respond in kind and the US will be hit hard under counter tariffs. Jobs will be lost.
How do you like them apples?
Ray Payne
We the people elected Donald Trump as our President. Many have said, "He is the best president since Ronald Reagan!"
I wonder just how many people in this forum are in trade or have ever been in trade, when I see such ridicules meaningless comments by some.
They seem to not know the true facts about free trade, unfair trade, protectionism and trade barriers that create huge trade imbalances in favor of some countries.
takeda.shingen.1991@gmail.com
What do you mean "We the people?" The minority of the population who actually voted for the Donster? Lol
Lol no. You seem rather confused. If you are for tariffs, you are not for free trade. It is simple as that. The last time Bush enacted tariffs if didn't go so well and this time is no different.
https://en.m.wikipedia.org/wiki/2002_United_States_steel_tariff
Matt Hartwell
As an Australian, I would rather be the 51st state of the U.S at this point simply because the U.K and Canada are going backwards in terms of personal liberty and freedom. Too concerned with being politically correct, policing the internet for nasty comments and other nonsensical, pointless wastes of time. Not concerned enough with maintaining cultural stability, arresting real criminals and promoting classical British liberal ideals, like free speech.
bass4funk
We the people as in, we put him in office, the ever so growing minority Low unemployment, investments home, people are applying for more loans, more cash in their pockets, mothers and people are happy that they have money to spend, not bad, not bad at all. What do the Democrats have to offer...besides more tax and.....
Heck if I know....
I'm not for tariffs, but I don't like getting hosed either, is this a gamble? Sure it is, but if Trump can make this happen, it's the best thing for America, that's all I care about, for too long have the Washington establishment allowed the entire world to take advantage from us, no more. Free trade is also fair trade and the rest of the world isn't playing fair, especially Asia.
That was Bush, loved the guy, but he wasn't the fighting back in your face kind of President and he wasn't THAT conservative either to tell you the truth.
takeda.shingen.1991@gmail.com
None of that changes the fact that we the people didn't elect Trump. Sure, he is the president, but We the people didn't elect.
Except the fact that real wage growth is stagnant, the tax cuts are temporary, and these tax cuts have fueled record stock buybacks, but you know.
You are betting on lazy, bumbling, idiot. That's a pretty big bet. And hilarious. The donated has a pretty poor record on negotiating.
www.vanityfair.com/news/2018/06/donald-trump-has-always-been-a-terrible-negotiator/amp
Lol no its not. You must think that sounds brilliant, but who actually pays for tariffs and what is the impact? It is decidedly not free trade, nor is it conservative.
Hahahaha Ol' bonespurs is tough? He's so tough he blocks people on twitter. He's so tough, he took five draft deferments. Donny is prattling child. So tough! :D
Now again, how will this somehow end differently under Trump than Bush?
Toasted Heretic
The dead and maimed of all the countries you've attacked, invaded, meddled with and bombed beg to differ.
Aly Rustom
Funny I would have said that about the US.
Matt Hartwell
The U.K, like Australia, has no free speech laws, has no first amendment, so know its not the same and never will be. When you see Scottish police arresting people for Nazi pug dogs, you know you have reached peak stupid. Not to mention the whole grooming gangs situation. That scales new heights of political correctness with the way that's been handled. Utterly disgraceful.
Aly Rustom
Neither does the US. There are certain things that can get you arrested in the US: holocaust denial, praising terrorist groups,
I'm glad they are arresting them. In the US, hate speech is uncensored and ridiculous.
Aly Rustom
Anyway, these points are moot, because Australia is not looking to become the 51st state, but on the other hand 73% of Australians polled support Canzuk.
http://www.canzukinternational.com/2018/04/poll-2018.html
This is the best way to move forward for all 4 countries
Matt Hartwell
You are glad a comedian got arrested for talking to a dog? Are you crazy?
I supported Canzuk until the U.K went totalitarian. Now I think maybe we should leave the Commonwealth and become a Republic. After all, our security ally and partner is the United States, not the U.K. Too weak and too far away.
I know one thing, if research reveals greater immigration to Australia as a result of Canzuk, you can expect to see support fall very considerably unless there are severe cuts to Indian and Chinese immigration. The majority now want immigration cut in this country.
Aly Rustom
You are the one wanting your country to become the 51st US state after we've seen what has happened to the Puerto Rican economy and I'm crazy??
You want to lose your universal health care (because that's what's going to happen if you become the 51st state) and I'm crazy?
I'm sorry but if I'm crazy that above comment makes you clinically insane. The US's recent actions have shown that it is NO ONE's ally or partner. Look at how they are treating Canada. What makes you think that they will treat you any better?
Not neccessarily. There may be increased immigration but if the economy benefits as a whole, no one will complain.
Again, like I mentioned before, over 70% of your countryfolk like the idea of canzuk.
Matt Hartwell
What's a natural disaster in Puerto Rico have anything to do with free speech and hate speech laws and how there implemented. One has nothing to do with the other. Deflecting the argument much?...
In the U.S, states have tremendous powers of laws operating in that state. As a 51st state, Australia would be able to retain universal health care.
The only thing the U.S has done is targeted tariffs. Security wise, everything remains the same. Europe, Germany in particular operates a big surplus and Europe maintains unfair tariffs on the U.S in my view. They deserve what they are getting, trade wise. Iran nuke agreement. Jury is out on that for me. Israel embassy move to East Jerusalem does nothing to stop a Palestinian state in the West of the city. You have a better argument in the U.S treatment of Canada as trade is more balanced than it use to be looking at latest figures.
They treat us better for two reasons. 1) The U.S has a surplus with Australia 2) We don't shirk our responsibilities when it comes to defense spending 3) We operate Pine Gap. Other reasons as well that are replicated in Canada also - cultural, political etc.
No, you are wrong about that. If you lived here you would know the public mood. People want immigration cut because it puts too much stress on housing prices, public transport, government services, environment etc etc. Not only that, but even at current immigration levels which are very high, GDP growth is anemic. Not even 3% per year, so this idea immigration is a boon is not the full picture.
Would depend on what circumstances, but sure, its still a popular idea
By the way, you haven't said anything regarding the grooming gangs situation. If ever you want to see political correctness gone mad in the U.K, case in point. Disgraceful. Australian's would not tolerate that nonsense for a second.
Aly Rustom
with around a quarter of a million people who have signed the petition in under 3 years..
Take a look at their website. A lot of politicians from all countries are supporting this.
A few crackpots- like former PM of OZ Tony Abbot? LOL