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Thread: Trade Argument

  1. #1



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  3. #2

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    Wilbur Ross / George Stephanopoulos

    @ 38:40



    Ross highlights a key point in the discussion about how post-World-War-II trade tariff policies
    were intentionally constructed to lift Germany, Japan and economically devastated nations after the war.
    This was the origin of the progressive trade association that became the WTO.

    ===========

    It's telling
    that you cannot FIND the entire Stephanopoulos broadcast (much less the Ross clip) ANYWHERE
    on the ABC ytube channel nor on Stephanopoulos This Week channel.
    The ONLY clips and vids you will find are the ones that plug their narratives.
    Today's broadcast. It's like it never existed.
    so
    you're left with anyone who might have recorded the interviews/broadcast.
    so
    better BAD quality than NO quality. It's the best I could find (till it gets taken down.)

    ----

    heh heh... try these

    https://www.youtube.com/watch?v=mLI2xAiSEcQ

    https://www.youtube.com/watch?v=VE4rzJqyzCM
    Last edited by goldenequity; 03-05-2018 at 07:31 PM.

  4. #3

  5. #4

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    Lighthizer: "We Haven't Made Nafta Progress"

    https://www.zerohedge.com/news/2018-03-05/llighthizer-we-havent-made-nafta-progress-loonie-tumbles
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  6. #5

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    Phase 2: Reciprocity





    ==========

    Meanwhile...

    Steel and Aluminum tariffs will be announced tomorrow.
    Mexico and Canada will be given an exemption from those tariffs while NAFTA is being renegotiated. (did you hear the hammer being pulled back?)





    The exemption will give U.S. Trade Representative Robert Lighthizer increased leverage in his efforts to close the NAFTA loophole.

    It is still highly doubtful the amount of money in the steel and aluminum tariff aspect is close to enough to get Canada and Mexico to agree to close the backdoor loophole.

    The Loophole:

    Why deal with the U.S. when you can just deal with Mexico, and use NAFTA rules to ship your product directly into the U.S. market?

    This exploitative approach, a backdoor to the U.S. market, was the primary reason for massive foreign investment in Canada and Mexico.

    This loophole was the primary reason for U.S. manufacturers to relocate operations to Mexico.





    If you understand the reason why U.S. companies benefited from those moves, you can begin to understand if the U.S. was going to remain inside NAFTA President Trump would have remained engaged in TPP.

    As soon as President Trump withdrew from TPP the problem with the Canada and Mexico loophole grew. All corporations from TPP nations would now have an option to exploit the same NAFTA loophole.

    Why ship directly to the U.S., or manufacturer inside the U.S., when you could just assemble in Mexico and Canada and use NAFTA to bring your products to the ultimate goal, the massive U.S. market?




    It is against their interests to remove it. Knowing it was against their interests President Trump never thought it was likely Canada or Mexico would ever agree. But he was willing to explore and find out... hence the 'negotiations'.

    However, with Canada now joining TPP it has become impossible for the U.S. to remain in NAFTA and simultaneously conduct trade negotiations with TPP nations.




    President Trump, Commerce Secretary Wilbur Ross, White House Trade Adviser Peter Navarro and U.S. Trade Representative Robert Lighthizer well understand this structural problem. ONLY Trump, Ross, Mnuchin and Lighthizer are willing to confront this problem.




    The issue of Canada and Mexico making trade agreements with other nations (especially China), while brokering/leveraging their NAFTA position with the U.S. as a strategic part of those agreements, is a serious issue that cannot adequately be resolved while the U.S. remains connected to NAFTA.


    https://theconservativetreehouse.com...-negotiations/


    Justin Trudeau's first response was that Canada would respond with similar tariffs on Steel and Aluminum.
    He has since walked that back....
    Last edited by goldenequity; 03-07-2018 at 10:46 PM.

  7. #6

  8. #7

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    White House Legislative Affairs Director Marc Short appears on Fox News to discuss the Steel and Aluminum tariffs being implemented by President Trump to protect the U.S. steel and aluminum manufacturing industry.

    The Wall Street antagonists together with politicians purchased by the U.S. Chamber of Commerce and K-Street lobbyists (working on behalf of Wall Street), have vowed to fight President Trump’s trade initiatives. The steel and aluminum tariffs are the first in a series of trade actions by President Trump that he outlined during his candidacy.

    Wall Street politicians (globalists) are now engaged in a fight against Main Street economic and trade policy (nationalists). There are trillions at stake. The anger against the President over the steel/aluminum tariffs is nothing in comparison to what lies ahead; with a likely NAFTA withdrawal and other MAGAnomic trade initiatives looming on the horizon.



    https://theconservativetreehouse.com...trade-tariffs/

  9. #8

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    https://www.youtube.com/watch?v=EG0o3TAW7zU

    Navarro highlights U.S.T.R Robert Lighthizer’s pending 301 review of intellectual property theft by the Chinese government.

    Regarding ‘European Union (EU) retaliation’, forget it; they won’t.

    The protectionist EU hypocrites simply cannot afford to go toe-to-toe with the U.S. on trade.

    1. The UK is in the process of formalizing their Brexit terms; the EU (essentially ‘Germany’)
    needs to find a way to make up for the lost revenue (billions in taxes) from the UK economy.
    Currently the UK pays Brussels approximately a billion per month on a $2.5 trillion economy;
    that will stop.

    2. Brexit reduces the overall EU GDP by $2.5 trillion.
    German Chancellor Angela Merkel cannot -and will not- challenge President Trump.

    In addition to being politically weak, Merkel has attached her economy to expansive environmental regulations (Paris treaty),
    though she is now attempting to pale down those regulations.
    Chancellor Merkel cannot afford to run the risk of losing any access to the U.S. market.

  10. #9

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    Quote Originally Posted by goldenequity View Post
    https://www.youtube.com/watch?v=EG0o3TAW7zU

    Navarro highlights U.S.T.R Robert Lighthizer’s pending 301 review of intellectual property theft by the Chinese government.

    Regarding ‘European Union (EU) retaliation’, forget it; they won’t.

    The protectionist EU hypocrites simply cannot afford to go toe-to-toe with the U.S. on trade.

    1. The UK is in the process of formalizing their Brexit terms; the EU (essentially ‘Germany’)
    needs to find a way to make up for the lost revenue (billions in taxes) from the UK economy.
    Currently the UK pays Brussels approximately a billion per month on a $2.5 trillion economy;
    that will stop.

    2. Brexit reduces the overall EU GDP by $2.5 trillion.
    German Chancellor Angela Merkel cannot -and will not- challenge President Trump.

    In addition to being politically weak, Merkel has attached her economy to expansive environmental regulations (Paris treaty),
    though she is now attempting to pale down those regulations.
    Chancellor Merkel cannot afford to run the risk of losing any access to the U.S. market.
    Navarro is just an opportunist with little personal conviction on issues. He just jumps on whatever he thinks is popular. He ran for various offices in San Diego as either a Democrat or an Independent. He was staunchly pro climate change and restricting greenhouse gasses. Once he got somehow connected with Trump he was suddenly in favor of leaving the Paris Climate Change Accords. But Trump is also often on both sides of issues- going with whichever way the wind is blowing that particular day.

    http://nymag.com/daily/intelligencer...op-hearts.html

    Perhaps some of them know a little about the man’s background in California politics. He was a serious environmentalist who ran for mayor of San Diego as an independent in 1992 (losing narrowly to Republican Susan Golding) and for Congress in 1996 as the Democratic nominee (losing a bit less narrowly to Republican Brian Bilbray). In the former race, he was endorsed by the Sierra Club, and in the latter contest, Hillary Clinton campaigned for him. Hard to think of any other high-level Trump adviser with that much heresy on the résumé.

    And even into the 21st century, when he was an economics professor who found his way into the political chattering classes, he expressed deep concerns about global climate change, and endorsed a carbon tax.

    To be clear, once in Washington Navarro went out of his way to back Trump’s move away from Obama’s climate-change policies, according to a Climatewire story about his background:

    Despite his past warnings about climate change, he was a supporter of Trump’s decision to withdraw from the Paris climate accord. He wrote in a July 2017 USA Today op-ed that withdrawal “will save the U.S. economy an estimated 6.5 million industrial-sector jobs, and his regulatory rollbacks have already saved more than $60 billion in unnecessary costs for American companies.”

    And his pollster from his 1992 mayoral race didn’t have much respect for his environmentalist convictions:

    “He’s an environmental opportunist,” said Scott Flexo, who worked as a pollster for Navarro during his 1992 campaign for San Diego mayor. “I think he would focus on the environment if it would sell books or if it would get him jobs or get him elected.
    Quote Originally Posted by NorthCarolinaLiberty View Post

    Half the crap I write here is just to entertain myself.
    I am Zippy and I approve of this post. But you don't have to.

  11. #10

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    Trump is old enough to know that during the Korean War, president Harry Truman seized the U.S. steel industry to maintain production for America’s then-vulnerable wartime economy. During the Second World War, when the U.S. dominated the world’s steel production, rationing was nevertheless needed - the public was even exhorted to donate their automobile bumpers to the war effort as scrap steel.
    Today, the U.S. has not only lost much of its steel capacity, it’s at risk of losing the balance, making it dependent on a host of countries: Canada, its largest and most reliable foreign supplier, meets just five per cent of U.S. needs. According to the U.S. Commerce Department, the United States is now at risk of finding itself “in a position where it is unable to be certain it could meet demands for national defense and critical industries in a national emergency.” If dependent on a foreign country, the department warns, the U.S. would not have the legal authority to commandeer supplies as it could within the U.S.

    More at: https://www.zerohedge.com/news/2018-...-preparing-war

    Quote Originally Posted by Swordsmyth View Post
    There are thresholds below which you no longer have the capacity to rebuild in any reasonable length of time or before you are forced to surrender to the enemy, the south lost the war of northern aggression because as Rhett Butler puts it in Gone with the wind "there is not a cannon factory in the whole south".

    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  12. #11

  13. #12

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    Quote Originally Posted by goldenequity View Post
    Wilbur Ross / George Stephanopoulos

    It's telling
    that you cannot FIND the entire Stephanopoulos broadcast (much less the Ross clip) ANYWHERE
    on the ABC ytube channel nor on Stephanopoulos This Week channel.
    How about this - http://abcnews.go.com/Politics/wrong...ry?id=53488768

    President Donald Trump's secretary of commerce dismissed criticism that proposed tariffs on imported steel and aluminum would lead to a loss of U.S. jobs and price hikes for consumers.

    “The total amount of tariffs we're putting on is about $9 billion a year. That's a fraction of 1 percent of the economy,” Commerce Secretary Wilbur Ross told ABC News Chief Anchor George Stephanopoulos on “This Week” Sunday. “So the notion that it would destroy a lot of jobs, raise prices, disrupt things is wrong.

    Trump proposed Thursday slapping a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum. The announcement led to stock market drops with some observers expressing concern that such an action could launch a global trade war.

    Ross similarly dismissed concerns that European nations may respond by placing tariffs on American goods.

    "It's some $3 billion of goods that the Europeans have threatened to put something on," the commerce secretary said. "Well, in our sized economy, that's a tiny, tiny fraction of 1 percent. So while it might affect an individual producer for a little while, overall it's not going to be much more than a rounding error.”

    The president’s authority to impose the tariffs comes from an investigation by Ross’ department which concluded that foreign metal imports pose a threat to national security. Ross stood by that Sunday, saying national security is defined “very broadly” to include not only military defense but also the economy, jobs and infrastructure.

    "The truth is economic security is national security," he said.

    Ross told Stephanopoulos that the U.S. tariffs would help to correct a decades-old trade policy that has disadvantaged America.

    "Think about it, we have unilaterally given away all kinds of concessions ever since the end of World War II," Ross said. "In the beginning that was probably good policy to rebuild Europe and rebuild Asia after the ravages of the war. The mistake that our trade negotiators made way back then and continued to make was not time-limiting it. Concessions that were perfectly reasonable to make to Germany in 1945 or China in 1945 don't make sense anymore.

    Trump also defended the tariff plan in tweets Saturday, citing the U.S. trade deficit and other countries' trade policies.



    What is the punishment for the attempted murder of freedom on earth? 👁👁

  14. #13

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    Quote Originally Posted by goldenequity View Post
    Where we're going and why. Explained. (whether you like it or not )


    https://threadreaderapp.com/thread/9...349220865.html
    Why hemp is illegal and why we don't need no stinkin' steel- (whether you like it or not )

    There is no spoon.

  15. #14

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    Quote Originally Posted by Ender View Post
    Why hemp is illegal and why we don't need no stinkin' steel- (whether you like it or not )

    How much hemp can you grow per acre?
    How many acres would it take to replace steel?
    Can it be used for all the different kinds of specialty steel?
    Can it be formed, worked and machined the ways that steel can?
    Last edited by Swordsmyth; 03-13-2018 at 02:04 AM.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  16. #15

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    Quote Originally Posted by Swordsmyth View Post
    How much hemp can you grow per acre?
    How many acres would it take to replace steel?
    Can it be used for all the different kinds of specialty steel?
    Can it be formed, worked and machined the ways that steel can?
    Hemp is a miracle plant. It was made illegal because Big Corps couldn't compete.

    https://miraclesfor.me/environment/5...ave-the-world/

    Hemp takes half as much water as corn and other agricultural products. It’s carbon neutral or carbon positive, meaning it puts more nutrients back into the soil than it takes out. It also breathes carbon dioxide and expels oxygen.

    Additionally, hemp does not require the use of herbicides or pesticides.

    The acres are thick enough in density of plants that it deters pests and competing weeds, Hemp is typically grown anywhere between 250,000 to 500,000 plants per acre.

    And Ford's car also ran on Hemp oil.
    Last edited by Ender; 03-13-2018 at 02:10 AM.
    There is no spoon.

  17. #16

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    Quote Originally Posted by Ender View Post
    Hemp is a miracle plant. It was made illegal because Big Corps couldn't compete.

    https://miraclesfor.me/environment/5...ave-the-world/

    Hemp takes half as much water as corn and other agricultural products. It’s carbon neutral or carbon positive, meaning it puts more nutrients back into the soil than it takes out. It also breathes carbon dioxide and expels oxygen.

    Additionally, hemp does not require the use of herbicides or pesticides.

    The acres are thick enough in density of plants that it deters pests and competing weeds, Hemp is typically grown anywhere between 250,000 to 500,000 plants per acre.

    And Ford's car also ran on Hemp oil.
    I think hemp should be legal so it can take whatever market share it deserves but you didn't answer more than one of my questions.
    Hemp isn't capable of replacing steel in volume or in all it's uses, and if it was you would use up an unthinkable amount of arable land on a non food crop in order to do it.
    And please leave the carbon garbage out of this.

    [EDIT: what I said goes double for using it as fuel]
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  18. #17

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    Quote Originally Posted by Swordsmyth View Post
    I think hemp should be legal so it can take whatever market share it deserves but you didn't answer more than one of my questions.
    Hemp isn't capable of replacing steel in volume or in all it's uses, and if it was you would use up an unthinkable amount of arable land on a non food crop in order to do it.
    And please leave the carbon garbage out of this.

    [EDIT: what I said goes double for using it as fuel]
    Hemp IS edible.
    It is completely safe & naturally healthy.
    It does NOT destroy the environment.
    It can grow year round.

    It can replace:
    Steel
    Plastic
    Cotton
    Paper

    THAT is why it was made illegal.
    There is no spoon.

  19. #18

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    Quote Originally Posted by Ender View Post
    Hemp IS edible.
    You can't eat what you use for a steel, plastic, cotton and paper replacement whether the plant is edible or not.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  20. #19

    Default

    Quote Originally Posted by Swordsmyth View Post
    You can't eat what you use for a steel, plastic, cotton and paper replacement whether the plant is edible or not.
    Here's a good site on Hemp. Explains a lot:

    http://www.hemp.com/what-is-hemp/
    There is no spoon.






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