NOTHING! Simply put. The US can be self supporting and that means the world can deal with it. What else can we do? Tax the world! The US will not defend any nation or shipping unless you freaking pay us! Damn the freeloaders!
I think Trump is trying to end the trade war. We’ve been in a trade war for decades. We’ve been getting screwed by everyone.
There in lies the problem.
The free trade agreements never work in our favor. What we need are fair trade agreements where imports = exports or tariffs apply.
Time will tell. Canada is the biggest exporter of steel and aluminum to the US. Guess the TIC doesn’t know that. We’ve never had a bigger dumb ass in the White House.
How much is marked up pass thru?
Fuck them, they want to keep the people down so they can keep their jobs.
And how does that work??
As long as we can no longer create our own steel, regardless of who makes it today, we are dependent on someone else for basic infrastructure. Only a head in the cloud globalist minion would believe that everyone is benevolent and will share and share alike…
See your back with your nasty attitude.
Look around, its been happening for decades… hell, democrats have turned it into an art form…
What Monte pretends doesn’t exist is the huge trade imbalance especially with Mexico.
Top 5 trade partners.
Interesting but we run a deficit with everyone of them.
China - $636 billion traded with a $375 billion deficit. Canada - $582 billion traded with an $18 billion deficit. Mexico - $557 billion traded with a $71 billion deficit. Japan - $204 billion traded with a $69 billion deficit. Germany - $171 billion traded with a $65 billion deficit.
Careful, that nasty attitude will be criticized. Oh wait, your a Trump supporter, carry on.
Yet you think it’s ok for Canada to place tariffs on US products.
Canada has long maintained a high tariff wall on most dairy products. The duty on milk is 270 per cent. That keeps most imports from the United States and elsewhere out of Canada, while helping to prop up higher domestic prices.
One notable exception is ultrafiltered milk and other protein-rich dairy ingredients used to make dairy products such as cheese and yogurt. North American free-trade rules do not cover these ingredients, so they enter Canada duty-free. And in recent years, U.S. dairies have developed a booming business selling these low-cost products to dairies in Canada ($133-million last year).
That all changed about a year ago, when Canadian dairy farmers and producers moved to close the breach in the tariff wall with a new “ingredients strategy.” They persuaded regulators to create a new lower-priced class of industrial milk as an incentive to get dairies to produce protein substances in Canada, using Canadian milk. The result was predictable: U.S. imports fell in 2016, and are declining sharply so far this year.
Supply management is the uniquely Canadian regime that governs virtually every aspect of milk, chicken and egg production. The system depends on three “pillars” – a tariff wall to block imports, strict quotas that determine how much each farmer can produce and fixed prices paid to producers. The system was created in the 1970s to help stabilize farmers’ incomes. But as the food industry has gone global, supply management has faced mounting internal and external pressure, including persistent trade complaints from the United States, Europe, Australia and New Zealand. The World Trade Organization has ruled that the high prices paid to Canadian farmers are subsidies, making exports very difficult. For Canadian consumers, supply management also means consistently higher retail prices for dairy, chicken and eggs.
You bet Canada is innocent!!!
Can’t imagine how starting trade wars translates as ending them to you.
Clearly you read nothing and comprehend nothing.
Whatever the US does is in the interest of American business regardless of what’s stated.
In some cases US business needs protection from foreign governments.
Yeah, Mexico is also our friend:
A special tax on production and services (IEPS) is assessed on the importation of alcoholic beverages, cigarettes and cigars. In 2013, IEPS was expanded to include a tax on soda, high calorie food, and junk food. This tax may vary from 25 to 160 percent depending on the product.
Products temporarily imported for processing and re-export may be subject to the CPF since the imports are not considered “definitive.” The import duty, if applicable, is calculated on the U.S. plant value (F.O.B. price) of the product, plus the inland U.S. freight charges to the border and any other costs listed separately on the invoice and paid by the importer. These can include charges such as export packaging, inland freight cost, and insurance.
Translation for the uninformed, US auto parts imported into Mexico and used in assembly of vehicles and exported to the US have an import/tariff assessed.
And then they whine when we tax their crap imported into the US. But you want to remain uninformed.