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hater my . Another thread backfiring on you.
Trudeau 'stabbed us in back' on trade, says Trump chief economic adviser
Donald’s Trump’s chief economic adviser said the US pulled out of a G7 communique because the Canadian prime minister, Justin Trudeau, “stabbed us in the back” and accused the leader of one America’s most important allies of playing a “sop ric political stunt for domestic consumption”.
In an extraordinary interview with CNN’s State of the Union on Sunday, Larry Kudlow, who was present for negotiations at the G7 summit in Quebec over the weekend, said Trudeau had instigated “a betrayal” and was “essentially double-crossing President Trump”.
Trudeau used a media conference on Saturday to reject a US demand for a sunset clause in the North American trade agreement, Nafta, that Trump has at different times pressed to abolish or renegotiate.
The prime minister also said Canada would “move forward with retaliatory measures” in response to the Trump administration’s move to impose tariffs on aluminium and steel imports from the European Union, Mexico and Canada.
The move enraged Trump, who branded his Canadian counterpart “dishonest and weak”
in a furious tweet, announcing the US would pull out of an agreed communique.
https://www.theguardian.com/us-news/...h-korea-summit
Trash ed with a Quebecois and his country, descendents from cheese-eating surrender monkeys, and got ed back hard.
When will Trash says he eats his garbage cheeseburger with Freedom Fries?
Kudlow! , aka Kuddles!, just another of The Best People, another elitist wealthy swampy made-for-TeeVee financial Jew
Last edited by boutons_deux; 06-10-2018 at 07:01 PM.
hater my . Another thread backfiring on you.
Then he left warly to meet Kim Kong
But what about all the Yemenis you say he's murdering, hater?
Then he left warly to meet Kim Kong
Is that also
The US has an $8.4 billion dollar trade surplus with Canada, our second biggest trading partner.
This graph below represents the recent trend of US dairy exports to Canada:
Trash LIED about trade with USA's partners?
Brah, I would love for Trump to get new trade deals done but he's looking unhinged, isolated and impotent right now... We're not making any progress....
Then he left warly to meet Kim Kong
Why American Businesses Should Be 'Terrified' After President Trump's Comments on Trade
“We as a nation lost $817 billion dollars on trade. That’s ridiculous and it’s unacceptable.”
That premise underpinned President Donald Trump’s bellicose statements on trade at the G7 leadership summit in Quebec, which climaxed with the stunning threat that the U.S. could “stop trading” with some countries.
The threat could seem justified if it were true that the U.S. were actually “losing” such a huge amount on trade. But it’s a flawed and even deceptive claim on multiple levels, most trade experts agree. And the speech as a whole, with its further heightening of Trump’s protectionist ethos, has set off an instant wave of anxiety among economists.
The amount of money Trump is saying the U.S. “lost” is the trade deficit
the amount by which the goods and services Americans bought internationally exceeds the amount they sold to other countries.
But the number he’s citing is itself is fundamentally inaccurate.
Trump has previously
cited an $800 billion trade deficit more than 50 times
, according to the New York Times.
But whether $800 billion or $817 billion,
Trump’s number only includes trade in goods, excluding services.
That distortion seems to represent
a belief within the administration that manufacturing and farming are inherently better economic activities than providing services.
This ethos would seem to align with the concerns of Trump’s domestic political base.
But it doesn’t match the reality of
America’s position as a global leader in high-value services including finance, engineering, education, and telecommunications.
In fact, the U.S. has a global surplus in service exports – Americans sell more to other countries than they buy from them.
Once they’re added back to the tally, the overall U.S. trade deficit drops to $566 billion – 30% lower than Trump’s number.
In some specific countries, such as Canada, Trump can only claim there’s a bilateral trade deficit at all because
his numbers exclude services. In reality, the U.S. has a trade surplus with Canada.
That sort of distortion matters because
Trump has shown he’s willing to act on it, including with recent tariffs
on Canadian goods that only make even nominal sense through the lens of his misleading metrics.
Though Canada has so far imposed retaliatory tariffs only on American goods, restrictions on the trade in services could have serious negative impacts in the U.S.
Global demand for American services has been growing fast, and
a lot of it is filled by smaller businesses that would be hurt by foreign restrictions.
http://fortune.com/2018/06/09/donald...ied-g7-speech/
Average tariff rates charged by G-7 nations:
USA: 1.6%
EU: 1.6%
UK: 1.6%
Italy: 1.6%
Germany: 1.6%
France: 1.6%
Japan: 1.4%
Canada: 0.8%
source: https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS?end=2016******=2016&view=bar
Canada had a plan to invade the US as late as 1921:
In April 1921, Lt.-Col. James “Buster” Sutherland Brown, Canada’s director of military operations and intelligence, drafted the Canadian plan to invade the United States, known as Defence Scheme No. 1. While Brown is often described as a loose cannon, he was actually following orders from the chief of the general staff, who was concerned about an American invasion. After the First World War, America began to supplant Britain as the pre-eminent global power (Britain owed America $22 billion after the war) and so the concern that Canada might once again become a battleground for conflict between the two more powerful countries made some sense...
https://www.macleans.ca/culture/books/how-canada-planned-to-invade-the-u-s-and-vice-versa/
Brown’s plan to conquer America called for a lot more fatalities than just one. He intended to divide the Canadian army into five flying columns, each of which would capture key American cities, destroy crucial infrastructure, then run away as soon as a large American force counterattacked. The hope was that by destroying bridges and ripping up train tracks while retreating, the United States would be delayed enough that Britain and the rest of the empire could come and finish the job. Brown’s plan got mixed reviews among Canadian military leadership (his successor hated it so much he ordered all copies burned) but it nonetheless remains the last public Canadian plan to invade the United States.
One fun fact: notice that point 5 in the above map reads, “Maritime army reclaims Maine.” The word “reclaims” is appropriate because during the War of 1812 Canada conquered Maine, and used the taxes it collected to found Dalhousie University.
the US spent $57 million dollars by 1935 on its own plan to take Canada; Charles Lindburgh suggested the use of chemical weapons.
By May 1930, when the Americans came up with their scheme to invade Canada, called War Plan Red, senior American officials were seriously considering the possibility of a war with Britain. The Americans shared the same concern the Canadian drafters of Defence Scheme No. 1 had back in 1921: namely that growing economic compe ion between the United States and Britain could boil over into a military conflict with Canada as the battleground.War Plan Red by Kevin Lippert. (Princeton Architectural Press)
In February 1935 the United States spent $57 million to update their plan to invade Canada. They built three military airfields disguised as civilian airports near the border and staged the largest war game in U.S. history up to then, with 36,500 soldiers drilling, marching, and dreaming of maple syrup. War Plan Red was remarkably similar to Canada’s Defence Scheme No. 1. Troops from Detroit would seize Toronto while Albany and Vermont troops would march on Quebec City and Montreal.
The plan relied on ships out of Boston blockading Halifax and stopping British troops from reinforcing the Canadians. According to the plan, the British would be able to muster 2.5 million soldiers from across the empire so stopping them from landing in Halifax was critical. America’s plan had a darker side too. Famous aviator and suspected Nazi sympathizer Charles Lindbergh flew reconnaissance missions over Canadian airspace and recommended that chemical weapons be used.
btw, where did all the inbound planes on 9/11/01 go?
#neverforget
Splain.
And yet the media and the chumpettes are crying.
Not our well-intentioned military!?!?!?!?
hundreds of flights diverted to Canada, thousands of people taken care of until they could come back.
https://en.wikipedia.org/wiki/Operation_Yellow_Ribbon
so is emo TrumpAnd yet the media and the chumpettes are crying.
we have a trade surplus with our second biggest trading partner, emo Trump says they're ripping us off.
relax, it was just a contingency
Trump has said he wants to make the playing field fair or in our favor. If you call that crying, then okay bruh.
the idea that Canada is ripping us off is absurd
how will he do that?
trade war with Canada, Mexico and the EU -- our biggest allies
upfront concessions to China -- our biggest compe or --supposedly in order to elevate North Korea and DJT to world-historical prominence via one-to-one talks.
He sure catapulted Kim to world prominence.
TRUMP WANTS WORLD PEACE
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