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Valued Social Butterfly
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Re: Trump Caves Steel & Aluminum Tariffs Gets Nothing

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   What we knew of the so-called "art of the deal" was in reality "the art of the steal' - and donald got caught.    Apparently some seem to have missed the global issue, where by one of donnies bff's is having a problem of their own manufacturing of steel because of failed infrastructure - please note ( to no one's surprise) that this foreign autocrat's country is not under any sanctions, but if they can't produce - then what?    

     Sorry ignoble donald supporter, that is ONE of the issues that is kinda resolved - donald wants to look like it was joint, but he caved, just like he caved on the Tariff for "foreign" automakers, especially when Japan b*tch slapped him when he attempted to whine about foreign automakers - gee, he must not know of the foreign automaker's that have huge manufacturing plants here in the US.  

     If the ignobles, don't know of the other issues that are holding up this revised treaty- which , as a reminder was supposed to be easy and done by last year - after 2 years of negotiations, it remains a "work in progress". .    Apparently Donald seems to forget that he said he was going to just walk away if he didn't get his way - hilarious LOSER. 

PRO-LIFE is Affordable Healthcare for ALL .
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Re: Trump Caves Steel & Aluminum Tariffs Gets Nothing

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Hope all those US Steelworkers who voted for Cadet Bonespurs are hearing this.

 

That BullfeatherS lil donny told you about how he was going to bring back the high paying jobs your boss sent to the Commie slaves in China? It's BullfeatherS.

 

Voting for a psychopathic liar is never a good idea - perhaps enough hard working people who bought his candy-coated feathers in 2016 will come to their senses by 2020.

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Re: Trump Caves Steel & Aluminum Tariffs Gets Nothing

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@GailL1 wrote:

Isn't that what many here want - to work with other nations - especially if China is squeezed.

This pretty much solidifies the Trump Administration's North American trade pact - this issue was the holdback.

 

TIME.com 05/17/2019 - U.S. Lifts Steel and Aluminum Tariffs on Canada and Mexico

(WASHINGTON) — Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America’s allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe.

 

By removing the metals tariffs on Canada and Mexico, Trump cleared a key roadblock to a North American trade pact his team negotiated last year. As part of Friday’s arrangement, the Canadians and Mexicans agreed to scrap retaliatory tariffs they had imposed on U.S. goods, according to four sources in the U.S. and Canada who spoke on condition of anonymity ahead of an announcement.

 

In a joint statement, the U.S. and Canada said they would work to prevent cheap imports of steel and aluminum from entering North America. China has long been accused of flooding world markets with subsidized metal, driving down world prices and hurting U.S. producers.

 

Earlier Friday, the White House said Trump is delaying for six months any decision to slap tariffs on foreign cars, a move that would have hit Japan and the Europe especially hard.

 

Trump still is hoping to use the threat of auto tariffs to pressure Japan and the European Union into making concessions in ongoing trade talks.. . .

 

In imposing the metals tariffs and threatening the ones on autos, the president was relying on a rarely used weapon in the U.S. trade war arsenal — Section 232 of the Trade Expansion Act of 1962 — which lets the president impose tariffs on imports if the Commerce Department deems them a threat to national security.

 

But the steel and aluminum tariffs were also designed to coerce Canada and Mexico into agreeing to a rewrite of North American free trade pact. In fact, the Canadians and Mexicans did go along last year with a revamped regional trade deal that was to Trump’s liking. But the administration had refused to lift the taxes on their metals to the United States until Friday.

 

The new trade deal — the U.S.-Mexico-Canada Agreement — needs approval the legislatures in the U.S., Canada and Mexico. Several key U.S. lawmakers were threatening to reject the pact unless the tariffs were removed. And Canada had suggested it wouldn’t ratify any deal while the tariffs were still in place.

 

The new trade deal — the U.S.-Mexico-Canada Agreement — needs approval the legislatures in the U.S., Canada and Mexico. Several key U.S. lawmakers were threatening to reject the pact unless the tariffs were removed. And Canada had suggested it wouldn’t ratify any deal while the tariffs were still in place.

 


Trump Wanted Quotas

 

Trump Got No Quotas

 

Trump Started The Entire NAFTA Boondoggle for 2 reasons - it had Obama's fingerprints & Trump used QUOTAS as the Lame Excuse for turning Canada Mexico Trade upside down hurting all 3 Countries

 

We still have NAFTA no matter what Trump tries to call it & we still have No Quotas or anything else substantially significant from the Original NAFTA

 

We also have a ridiculous Trade War with China that is also creating additional unecessary expense for Amercan Workers - American Businesses - AmericanTax Payers & the Global Economy

 

For What Purpose - China is going to win this for many reasons - Americans like Cheap Stuff - all one has to do is look around their own Communities at the Proliferation of Dollar Stores

 

Trump is 1950 - White Male Supremacy - American Bullying of every one & everything smaller or less powerful

 

Trump is going to learn a lesson but it will be at the expense of US Consumers & US Tax Payers

 

China is Bigger than the USA - China will beat our Bully

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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Re: Trump Caves Steel & Aluminum Tariffs Gets Nothing

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Isn't that what many here want - to work with other nations - especially if China is squeezed.

This pretty much solidifies the Trump Administration's North American trade pact - this issue was the holdback.

 

TIME.com 05/17/2019 - U.S. Lifts Steel and Aluminum Tariffs on Canada and Mexico

(WASHINGTON) — Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America’s allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe.

 

By removing the metals tariffs on Canada and Mexico, Trump cleared a key roadblock to a North American trade pact his team negotiated last year. As part of Friday’s arrangement, the Canadians and Mexicans agreed to scrap retaliatory tariffs they had imposed on U.S. goods, according to four sources in the U.S. and Canada who spoke on condition of anonymity ahead of an announcement.

 

In a joint statement, the U.S. and Canada said they would work to prevent cheap imports of steel and aluminum from entering North America. China has long been accused of flooding world markets with subsidized metal, driving down world prices and hurting U.S. producers.

 

Earlier Friday, the White House said Trump is delaying for six months any decision to slap tariffs on foreign cars, a move that would have hit Japan and the Europe especially hard.

 

Trump still is hoping to use the threat of auto tariffs to pressure Japan and the European Union into making concessions in ongoing trade talks.. . .

 

In imposing the metals tariffs and threatening the ones on autos, the president was relying on a rarely used weapon in the U.S. trade war arsenal — Section 232 of the Trade Expansion Act of 1962 — which lets the president impose tariffs on imports if the Commerce Department deems them a threat to national security.

 

But the steel and aluminum tariffs were also designed to coerce Canada and Mexico into agreeing to a rewrite of North American free trade pact. In fact, the Canadians and Mexicans did go along last year with a revamped regional trade deal that was to Trump’s liking. But the administration had refused to lift the taxes on their metals to the United States until Friday.

 

The new trade deal — the U.S.-Mexico-Canada Agreement — needs approval the legislatures in the U.S., Canada and Mexico. Several key U.S. lawmakers were threatening to reject the pact unless the tariffs were removed. And Canada had suggested it wouldn’t ratify any deal while the tariffs were still in place.

 

The new trade deal — the U.S.-Mexico-Canada Agreement — needs approval the legislatures in the U.S., Canada and Mexico. Several key U.S. lawmakers were threatening to reject the pact unless the tariffs were removed. And Canada had suggested it wouldn’t ratify any deal while the tariffs were still in place.

 

* * * * * * It’s Always Something - Roseanne Rosannadanna
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Trump Caves Steel & Aluminum Tariffs Gets Nothing

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Trump Demanded Quotas

 

The agreement completely lifts the 25 percent tariff on steel and 10 percent tariff on aluminum. In a development that will bring relief to pro-traders, it does not involve quotas.

 

Source - https://www.politico.com/story/2019/05/17/us-mexico-canada-trade-agreeement-1330214

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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