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We simply don't have the market for it we are just over 30 M.
We simply don't have the market for it we are just over 30 M.No, but instead of getting US dollars they should get US products.
Both agreements have been problematic. It's not like the 1993 NAFTA agreement was a fair/good one which was replaced with a worse USMCA. And it's not like Trump is responsible for the 1993 negotiation of the Clinton administration or represented the only country involved with USMCA negotiations.But Trump took care of all that stuff when he trashed NAFTA and dictated the terms of the USAMC agreement.
Are you saying Trump ****ed up?
The way to do that is to open up trade talks and if that fails move to tarriffs. Starting a trade war to bring people to the table who would be there anyway is nuts. So says the business community, most economists and for sure Wall Street. If he drives the U.S to the brink of recession Trumpers will be singing a different tune. The only good thing is the start of negotiations with other nations to form trade alliances that exclude the US. The US has shown herself to be untrustworthy.Other countries can whine, complain, and choose to negotiate or retaliate - but the U.S. will be correcting some of these imbalances, one way or another. Trump will leave this term with the U.S. having far more fair and reciprocal trade than he entered this term with.
That's not what Canada does, though.The way to do that is to open up trade talks and if that fails move to tarriffs.
Trump will leave this term with the USA isolated and excluded. With no allies.Both agreements have been problematic. It's not like the 1993 NAFTA agreement was a fair/good one which was replaced with a worse USMCA. And it's not like Trump is responsible for the 1993 negotiation of the Clinton administration or represented the only country involved with USMCA negotiations.
Trump, in both terms (and even years before), has been focused on fair trade and the imbalances the U.S. has allowed itself to get into throughout history. He was able to get a few changes to NAFTA in his first term (like auto parts, an increase to duty free thresholds, and an important sunset clause) via USMCA - but this term, his "trade imbalance" motivation has moved to a much higher priority. I'm very much looking forward to the April 2nd culmination of the report which will then be the basis for a significant number of fair and reciprocal trade negotiations and changes.
Other countries can whine, complain, and choose to negotiate or retaliate - but the U.S. will be correcting some of these imbalances, one way or another. Trump will leave this term with the U.S. having far more fair and reciprocal trade than he entered this term with.
Also the US is selling a whole lot more services to Canada, Mexico, Brazil, the EU etc. than they sell to the US.Yes we import total goods from Canada than they do from us, but If you look at it differently, by total population then they actually import from us, 7 times more per person than we import from them.
And when Trump was cooking the books to come up with a trade imbalance he took the value of those services out of the 'goods and services' side of the equation.Also the US is selling a whole lot more services to Canada, Mexico, Brazil, the EU etc. than they sell to the US.
Those supporting Trump with his tariff "strategy" haven't a clue what is currently tariffed and what is not. Nor do they understand certain tariffs, like dairy, only kick in once thresholds have been exceeded which hasn't happened yet. They only know what Trump and Fox tell them and they are very good at regurgitating the lies.Trump will leave this term with the USA isolated and excluded. With no allies.
This post is quite the spin-doctor. Is the tariffs on Canadian about the balance of trade then? Or is it about fentanyl and immigrants? Or is it about getting rid of the artificial line on the map?
Is there a tariff on Canadian wheat today? Lots of the wheat that's baked into bread and turned into pasta in America comes from Canada. How about car parts, is there a tariff on car parts this morning? How much?
Your idiot Dear Leader is wrecking America with his thrashing around. He's like that kid in the aisle of the grocery store, writhing on the floor and howling.
And Trump signed off on it, bragged about dictating the terms of the USAMC agreement.Those supporting Trump with his tariff "strategy" haven't a clue what is currently tariffed and what is not. Nor do they understand certain tariffs, like dairy, only kick in once thresholds have been exceeded which hasn't happened yet. They only know what Trump and Fox tell them and they are very good at regurgitating it.
If he drives the U.S to the brink of recession Trumpers will be singing a different tune.
Ok, but the USMCA was the one he heralded as being a great agreement, and now he's complaining about the very terms he agreed to and is blaming other countries as being the problem.Both agreements have been problematic. It's not like the 1993 NAFTA agreement was a fair/good one which was replaced with a worse USMCA. And it's not like Trump is responsible for the 1993 negotiation of the Clinton administration or represented the only country involved with USMCA negotiations.
Except the "trade imbalance" was an issue in the USMCA negotiations as well. The disconnect I see is how he claimed it was a great deal for everyone, and now he says it sucks.Trump, in both terms (and even years before), has been focused on fair trade and the imbalances the U.S. has allowed itself to get into throughout history. He was able to get a few changes to NAFTA in his first term (like auto parts, an increase to duty free thresholds, and an important sunset clause) via USMCA - but this term, his "trade imbalance" motivation has moved to a much higher priority. I'm very much looking forward to the April 2nd culmination of the report which will then be the basis for a significant number of fair and reciprocal trade negotiations and changes.
Um, Trump is the one tanking the market and whinging about things being unfair.Other countries can whine, complain, and choose to negotiate or retaliate - but the U.S. will be correcting some of these imbalances, one way or another. Trump will leave this term with the U.S. having far more fair and reciprocal trade than he entered this term with.
The best example of how clueless those supporting this nonsense are is by the repeated citation of the tariffs on dairy. It's hard to know how to respond when even the basic facts get so mangled and become ridiculous points parroted.And Trump signed off on it, bragged about dictating the terms of the USAMC agreement.
It's impossible to believe that people can be this stupid. "Canada has been robbing the USA!"
Is it robbery if you sign the paper letting them have it?
This is how those MAGAs think it should work...
American Bridge- "Hello, Stelco? We'd like to order 40 tons of 1/2" mild steel plate."
Stelco- "Sorry, we can't sell you more steel until some Canadian company buys $25M worth of something from an American company to keep the balance even."
"And today, we’re finally ending the NAFTA nightmare and signing into law the brand-new U.S.-Mexico-Canada Agreement. (Applause.) Very special. Very, very special."The best example of how clueless those supporting this nonsense are is by the repeated citation of the tariffs on dairy. It's hard to know how to respond when even the basic facts get so mangled and become ridiculous points parroted.
USMCA was very largely based on NAFTA, with just a few improvements. Yes, Trump signed it and yes he boasted about that as a success. That was all many years ago. It was signed seven years ago and obviously drafted before that.Ok, but the USMCA was the one he heralded as being a great agreement, and now he's complaining about the very terms he agreed to and is blaming other countries as being the problem.
Except the "trade imbalance" was an issue in the USMCA negotiations as well. The disconnect I see is how he claimed it was a great deal for everyone, and now he says it sucks.
Um, Trump is the one tanking the market and whinging about things being unfair.
Ok, but the terms are the terms, which are the same ones he's complaining about now.USMCA was very largely based on NAFTA, with just a few improvements. Yes, Trump signed it and yes he boasted about that as a success. That was all many years ago. It was signed seven years ago and obviously drafted before that.
What has changed to cause that disturbance? So if we take the one tariff he seemed upset by, the one on dairy, he failed to properly represent it and communicated it to the public as if it was an active tariff applied to dairy exported to Canada, which it most certainly is not the case. It sounds like he doesn't have an idea and is just making overly generalized statements. If this were a thought out process, one would imagine the reasons would have been clearly laid out, and the countries in question given an opportunity to respond before imposing tariffs and costing the market a $4 trillion loss.This term, Trump has an all new focus and motivation about trade deals with all our trading partners. You can repeat that Trump signed it and boasted about it over and over (and you can continually call it a disconnect) - but that's old news and it's obvious it's not going to last much longer. Trump is clearly disturbed about the trade imbalance with Canada, and one way or another, that situation will now change. I hope we'll get the details from the April 2nd report, showing what specific areas/products are most troubling to Trump's team - and hear the response/rebuttal from Canada.
Well, when a person starts an attempt at negotiations with threats, things tend to go south which is why most people don't lead with that. Trump is one of these transactional idiots who thinks he can bend everyone to his will through sheer leverage, but the simple fact about trade is there is also a risk assessment by those who trade with the US, and if the message is the US has leadership that acts on whims of perceived slights and willing to tank global markets to get their way, then they might not be a reliable business partner. That Trump thinks about trade imbalances at almost a childlike level makes this even worse.Doug Ford was on with John Roberts today and I think these negotiations are going to be among the most challenging of any with our various trading partners. Ford seems to have his heels firmly planted regarding his province. I think Trump is clearly stating that the imbalance is unacceptable to him. Ford was definitely whining with the "he started it", "we didn't want any of this" stuff.
Do you even know what that is?As far as the market, I'll opine on that in several more months, especially after a potential big bill is hopefully passed through Congress. It's my opinion that the tax and business environment I expect Trump will take us to - will be nothing short of great for a prosperous U.S. But we'll have to wait a minute or two to find out how Trump's goals and plans worked or didn't.
Do you consider yourself to be quite knowledgeable about the specifics of current trade scenario between the U.S. and Canada? If so, do you think that trade scenario is currently fair, balanced, and reciprocal? If no, are you curious as to what information this April 2nd report might provide?Ok, but the terms are the terms, which are the same ones he's complaining about now.
What has changed to cause that disturbance? So if we take the one tariff he seemed upset by, the one on dairy, he failed to properly represent it and communicated it to the public as if it was an active tariff applied to dairy exported to Canada, which it most certainly is not the case. It sounds like he doesn't have an idea and is just making overly generalized statements. If this were a thought out process, one would imagine the reasons would have been clearly laid out, and the countries in question given an opportunity to respond before imposing tariffs and costing the market a $4 trillion loss.
Before he's even identified the issues with the USMCA, he launches into a similar scenario with Europe. What Trump is doing successfully aside from crashing the market, is turning our partners against us, and I doubt you or others supportive of this nonsense will be reconciling any trade benefits with the massive market loss.
Well, when a person starts an attempt at negotiations with threats, things tend to go south which is why most people don't lead with that. Trump is one of these transactional idiots who thinks he can bend everyone to his will through sheer leverage, but the simple fact about trade is there is also a risk assessment by those who trade with the US, and if the message is the US has leadership that acts on whims of perceived slights and willing to tank global markets to get their way, then they might not be a reliable business partner. That Trump thinks about trade imbalances at almost a childlike level makes this even worse.
Do you even know what that is?
Ever the good foot soldier..USMCA was very largely based on NAFTA, with just a few improvements. Yes, Trump signed it and yes he boasted about that as a success. That was all many years ago. It was signed seven years ago and obviously drafted before that.
This term, Trump has an all new focus and motivation about trade deals with all our trading partners. You can repeat that Trump signed it and boasted about it over and over (and you can continually call it a disconnect) - but that's old news and it's obvious it's not going to last much longer. Trump is clearly disturbed about the trade imbalance with Canada, and one way or another, that situation will now change. I hope we'll get the details from the April 2nd report, showing what specific areas/products are most troubling to Trump's team - and hear the response/rebuttal from Canada.
Doug Ford was on with John Roberts today and I think these negotiations are going to be among the most challenging of any with our various trading partners. Ford seems to have his heels firmly planted regarding his province. I think Trump is clearly stating that the imbalance is unacceptable to him. Ford was definitely whining with the "he started it", "we didn't want any of this" stuff.
As far as the market, I'll opine on that in several more months, especially after a potential big bill is hopefully passed through Congress. It's my opinion that the tax and business environment I expect Trump will take us to - will be nothing short of great for a prosperous U.S. But we'll have to wait a minute or two to find out how Trump's goals and plans worked or didn't.
Metric Mouse:Yes, they Raised the price of milk... the losses were covered, and a floor price set that meant no producer would take any price lower than the subsidy... so why is Canada mad that the US raised the prices of milk? Producers who might have sold for lower prices now get higher prices from the government and would never flood any market for a lower price.
Again, why is Canada mad?
If so, do you think that trade scenario is currently fair, balanced, and reciprocal?
Free Trade is based on goods and services . When you add in services and take out American produced oil the trade balance is by far in America's favour. We use billions in dollars annually in American consulting services. Trumpers aren't getting the full story not the truth.If you mean the USMCA agreement before the Republicans' recent embarrassing trade war disaster, it was indeed fair, balanced, and reciprocal. The amount of money that went into Canada from their exports to the US was pretty much exactly equal to the value of the goods that the US received from Canada in exchange.
Generally yes, because I followed the renegotiation of NAFTA closely.Do you consider yourself to be quite knowledgeable about the specifics of current trade scenario between the U.S. and Canada?
The interesting thing about these terms is they assume these terms in the most basic way, because trade imbalance isn't really something we can think of in that binary way, since the nations in trade agreements often have a lot of variables which require them to protect their own industries while opening them up to competitors. The problem with Trump's framing is it sounds like he either doesn't know what he's talking about, or he's lying; this is the Trump conundrum of him being either an idiot or a liar. The best example of this is his reference to the tariff on dairy, where he cites this large percentage on dairy and fails to mention this only comes into effect after a certain quota, and the US has not come even close to reaching that quota.If so, do you think that trade scenario is currently fair, balanced, and reciprocal? If no, are you curious as to what information this April 2nd report might provide?
Well, the obvious problem with your framing is you assume Trump's vision of what's "best for the country" is an accurate portrayal. If you read my posts where I critique Trump's policies, I outline why I do so it just so happens that I think his overall views are bad and his is a bad faith actor. I base my opinion on what I've seen from him as a business person, and as a politician. I have a hard time taking someone seriously when their view is the current world order is one where other countries are taking advantage of the US, when post WW2 the US has grown massively in military and economic strength while also leading the charge in rebuilding a post war world order that has benefited this country above all others.While I don't know you beyond your comments on this forum, in many ways, your comments sometimes sound like you are against the best interests of our country and pro any country or person who is opposing Trump on any topic at all. I wonder if your anti-Trump feelings are so strong that you might not care if the U.S. is getting taken advantage of in trade or in any other way - in situations where addressing those imbalances happens to be a goal of Trump's.
That would be incorrect. When he first ran I agree (and still agree) with the idea of the US being less of an interventionist country, I agreed with and complimented him on Operation Warp Speed, and I also thought his signing of the First Step Act was positive as well. The problem is he's an endless well of bad ideas more than he is good ones. The difference between me and die hard Trump supporters is they trust what his vision is on faith, and seem to demand very little details on what he plans to do.Quite often, I'm feeling like your comments read like hating Trump is completely coloring all your views and no matter what Trump likes or wants, you have some strong need to dislike and oppose whatever that is.
Trade balances/imbalances need to be assessed in some manner besides - that's what's been in place for a long time, right or wrong. I think it's very useful that an appropriate smart, educated, and talented team is finally doing just that and is tasked with preparing a detailed report.The interesting thing about these terms is they assume these terms in the most basic way, because trade imbalance isn't really something we can think of in that binary way, since the nations in trade agreements often have a lot of variables which require them to protect their own industries while opening them up to competitors.
I expect things like this will be made clear in the report. And if the quota is so high it's meaningless, I wonder why have it at all? Maybe that is something that should be recognized and addressed.The best example of this is his reference to the tariff on dairy, where he cites this large percentage on dairy and fails to mention this only comes into effect after a certain quota, and the US has not come even close to reaching that quota.
I'd strongly argue Trump wasn't elected to sit back and coast. And Trump did talk about tariffs on a quite regular basis. All polls indicated people wanted change.Thus far his calculus has been to tank the US stock market in exchange for some tariffs that while not perfect, haven't been an issue of trade between the US and Canada.
It's a chasm which makes conversation difficult. You clearly despise Trump and it seems that filters into you not wanting his plans to be successful for our country. I don't despise Trump and I think there is a fair to good chance he'll be an instrumental leader who will lead this country to big, productive, prosperous, fair, tough, and long overdue changes.That is the chasm between us.
Maybe that should have been a first step! Clearly he had no idea what the situation actually was. One thing needs to be understood....fair trade does NOT mean it goes all one way. There will have to be give and take something Trump doesn't understand.rade balances/imbalances need to be assessed in some manner besides - that's what's been in place for a long time, right or wrong. I think it's very useful that an appropriate smart, educated, and talented team is finally doing just that and is tasked with preparing a detailed report.
Corrections happen due to legitimate market/business factors. This is not a correction it's an unforced error on Trump's part. American businesses are truly worried about the economic uncertainty.As far as the stock market, yours is a huge reaction for what is so far, a correction (which happen quite regularly).
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