According to the World Bank, Canada runs a trade deficit with us. But it is very close - so much so that the Canadians weren’t willing to fully say he was wrong. Certainly even enough to realize we aren’t being extorted.
The 270% claims were very disingenuous. It's based upon surplus milk, not dairy trade within the quota and Canada has given ground on that quota previously while still running a trade deficit. But, seriously, did you back Trump on "facts"? The dude who has lied over 3,000 times as president? You haven't just drink the kool aid, you've downed the entire pitcher.
On Canada’s long-standing policy of protectionism and isolationism via tariffs on dairy imports: And then this: Surely, we can agree that the POTUS should care enough to help U.S. Dairy Farmers fight this unfair practice by our friends to the north, and that such is so understandable as to be expected, albeit long overdue. When Canada chooses to relent on its unfair policies of protectionism and isolationism, all will be well. So, I guess we’ll see how politically bold and brave Trudeau really is, namely, in standing up to the powerful Canadian Dairy Lobby. But America First is the plan of the day, and will win, no matter which direction or how long it takes. Link: https://www.google.com/amp/s/www.bl...red-cows-and-270-tariffs-set-trump-off-at-g-7
Of course, Speaker Ryan has long lamented Canada’s unfair trade practices when it comes to dairy....it’s just that neither he nor any other politician in DC have ever cared to actually do anything about it. Luckily(?), Trump isn’t a politician, and is addressing it. Link: https://www.bloomberg.com/news/arti...a-problem-is-canada-not-mexico-paul-ryan-says
Excellent point. Take a moment to consider how that occurred, and whether or not that was accidental.
Add Senate Minority Leader Schumer (D-NY) as agreeing with Trump: If only he had some readily-available legislative process or political influence by which he could have sought to address and remedy this issue at any point in the last, oh, ever and/or at all. Link: https://www.theguardian.com/world/commentisfree/2018/jun/09/milk-canada-us-trade-war
The japs make the best small engines in the world. I hope we don’t [uck fay] up and make buying them more expensive. They also kill it with tractors and auto. It’s not shocking to see that it’s such a wide gap.
For those scoring at home: Canada does employ protectionist and isolationist trade policies, by way of a 270% import tariff on dairy. Paul Ryan, the Republican Speaker of the House, is on record as saying this. Chuck Schumer, the Democratic leader in the US Senate, is on record as saying this. Despite both the immediate damage to their own constituents, and the immense political power of each in both chambers, respectively - neither have seriously addressed the situation, much less worked to correct it. Trump is doing exactly that, and just as he should. But that makes him crazy. Or, it’s bad that he’s doing it. Or, he’s playing fast and loose with Canada’s feelings. But it’s definitely crazy and bad.* *(Source: Because it’s Trump, duh) After a bunch of silly hand-wringing and calls of his craziness....Trump is proven right. Again. Rinse. Repeat.
The US is +$8B with Canada with Services included. We all know damned well if the two were reversed and the US was coming out ahead with Goods/below on Services the only stats/charts shared here would highlight Services. We should endeavor to view these situations holistically and honestly.
Perhaps their food supply chain is seen as a matter of national security, and becoming completely dependent on another nation as dangerous. Would you agree with becoming completely dependent on china for anything? I know the trump administration's opinion: no.
I’ve yet to see anything that suggests that Trump is asking for anything other than fair trade for all. By definition, a neutral trade policy will ensure that buying decisions are made based on any number of free market tenets - notably, including product quality and efficiency - and not on artificial and protectionist trade policies. He’s betting the house that US-based manufacturer’s, and in turn the American worker, will thrive in a truly free market, and both at home and abroad.
The same US auto makers that did everything to block the Japanese auto makers while producing absolute shit for a product
You know, IP, I won’t assume to know what experience you have with negotiations*, but they can sometimes take the most curious of routes to an agreeable resolution. *sincerely offered