Us imposes steel/aluminum tariffs

AncientMuse

AncientMuse

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Twin_Moose said:
Are you confusing debt with budget deficit again?
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Or maybe Hoid is just simply asking how can a "trade deficit" go down if US consumers demand to buy more stuff than the country they're trading with.

Or do you guys actually believe that a country of 330 million is going be on trade par with a country of only 30 million people ?

Do you actually expect Canada to need and buy just as much stuff as the US needs and buys ?

Trade is not a zero-sum game. A country purchases what it needs/wants and sells what it's trade partner needs/wants. It's not a competition, ffs.

It's just simple supply and demand mathematics.

pgs said:
25,000 less workers employed by federal government since Trump took office . I would say that is a start .
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Well, I can't argue with that. Less useless government employees collecting a paycheque from the taxpayer is always a good thing.

But if you think that's "draining the swamp", then you're in for a rude awakening my friend.

Trump's not "draining the swamp"... if anything, he's "training the swamp" with every new swamp creature he brings on board.

Ex-Goldman Sachs employees, billionaire oil barons, ex-banksters, lobbyist pundits, etc etc. If you think those people are joining his team to work in the best interest of the plebeians... then I've got a nice shiny bridge to sell you.
 
pgs

pgs

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AncientMuse said:
Or maybe Hoid is just simply asking how can a "trade deficit" go down if US consumers demand to buy more stuff than the country they're trading with.

Or do you guys actually believe that a country of 330 million is going be on trade par with a country of only 30 million people ?

Do you actually expect Canada to need and buy just as much stuff as the US needs and buys ?

Trade is not a zero-sum game. A country purchases what it needs/wants and sells what it's trade partner needs/wants. It's not a competition, ffs.

It's just simple supply and demand mathematics.



Well, I can't argue with that. Less useless government employees collecting a paycheque from the taxpayer is always a good thing.

But if you think that's "draining the swamp", then you're in for a rude awakening my friend.

Trump's not "draining the swamp"... if anything, he's "training the swamp" with every new swamp creature he brings on board.

Ex-Goldman Sachs employees, billionaire oil barons, ex-banksters, lobbyist pundits, etc etc. If you think those people are joining his team to work in the best interest of the plebeians... then I've got a nice shiny bridge to sell you.
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Yea probably the one in Victoria built with Chinese steel .
 
AncientMuse

AncientMuse

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petros said:
If you have no clue, why the f-ck are you commenting on things you don't understand?

You're deep ending Brian.
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I'm not the one blathering on about chinese steel and trade deficits in the same sentences like they're somehow magically linked with each other.

Or maybe you just don't understand what a trade deficit is ?
 
O

OpposingDigit

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Hi! Spilled The Beans

I just wanted you to know that I read your comments or reply to my "Magician" trip.

I'd like to ask a question:

How long (years) do you think it would take for the U.S. to pay off all its debt obligations? A thousand years? 2 thousand years?

For America to begin paying off its debt would mean no more deficits and a pay as you go from today onwards. If America buckled right down and got serious about paying off it's debt/liabilities, just how far would the standard of living need to drop so as to invest more into reducing liabilities?

I am thinking it would probably take between 2 and 5 thousand years to pay off the outstanding liabilities while still retaining the present standard of living. (Estimated Liabilities are about 500 Trillion dollars.)

Therefore ...... I think that any amount of time exceeding 250 years tells us quite plainly that the finance industry is a myth.
 
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Twin_Moose

Twin_Moose

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AncientMuse said:
I'm not the one blathering on about chinese steel and trade deficits in the same sentences like they're somehow magically linked with each other.

Or maybe you just don't understand what a trade deficit is ?
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So you don't think Canadian brokers dumping Chinese steel in the U.S. through NAFTA has nothing to do with trade deficits
 
H

Hoid

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Oct 15, 2017
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Twin_Moose said:
Are you confusing debt with budget deficit again?
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Once again I have confused you with someone who understands what they are talking about.

The only place the budget deficit and the national debt are going is up.
 
AncientMuse

AncientMuse

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Twin_Moose said:
So you don't think Canadian brokers dumping Chinese steel in the U.S. through NAFTA has nothing to do with trade deficits
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You know that a trade deficit is simply buying more stuff than you're selling, right ? That's all it means.

Did the US accidentally buy chinese steel over and above their agreed purchase amount with Canada ? How does chinese steel (specifically) cause a US trade deficit with Canada ?

Is Canada selling nothing but cheap chinese steel to the US and keeping all the good stuff for ourselves ?

Do you think the small amount of chinese steel that got pawned off to the US has somehow caused a deficit with Canada and made us a national security threat ?

Or do you think Trump is just posturing and using Canada as his scapegoat gateway to go after China ?


Blame Canada.

Amirite ?
 
coldstream

coldstream

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Oct 19, 2005
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Rather than throwing out empty threats of 'Trade Wars' the G7 should come to the realization that the West is in a Sea Change.. a Civilizational Shift.. as likely only happens every 250 years of so. The last was the onset of the Enlightenment.

This will go far beyond the the Economic Nationalism, but it will start with that and go on to revitalize Culture from the exhausted tenets of the New Age.. post-nationalism, free markets, libertarianism, atheistic humanism, radical individualism, moral relativism.. that has taken over Western Civilization and is too diffuse and unsubstantive to support its continuation. In fact it is leading it to its catastrophic dissolution.

Especially inane in all this blustering has been the grovelling spectacle of Justin whining about betrayal of its great 'friend and ally'. Well the overriding rule in the jungle of Global Free Market Capitalism is 'survival of the fittest' and 'protect thyself'. Something for which he has not the moxy or wherewithal.

Trump is very canny in decoupling Geostrategic issues from Trade. The process of the last 50 years of selling out American workers for concessions and alliances in support of the projection of American influence and power in the world has led to little but the bankruptcy of American manufacturing.

There's really been no upside. Its only gotten the U.S. entangled in costly, futile foreign conflicts. Woodrow Wilson's doctrine of 'Making the World Safe for Democracy' as its moral obligation has lost all credibility. It is a floundering in contradiction and ulterior motives. The world is no safer nor democratic since the onset of this imperial dogma of America 'the Good'.

So, i think we should realize the Trump is the avant garde of revolutinary change in the West. One that will sweep away the jaded political establishments. And it will sweep away Justin Trudeau.
 
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C

Curious Cdn

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Feb 22, 2015
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coldstream said:
Rather than throwing out empty threats of 'Trade Wars' the G7 should come to the realization that the West is in a Sea Change.. a Civilizational Shift.. as likely only happens every 250 years of so. The last was the onset of the Enlightenment.

This will go far beyond the the Economic Nationalism, but it will start with that and go on to revitalize Culture from the exhausted tenets of the New Age.. post-nationalism, free markets, libertarianism, atheistic humanism, radical individualism, moral relativism.. that has taken over Western Civilization and is too diffuse and unsubstantive to support its continuation. In fact it is leading it to its catastrophic dissolution.

Especially inane in all this blustering has been the grovelling spectacle of Justin whining about betrayal of its great 'friend and ally'. Well the overriding rule in the jungle of Global Free Market Capitalism is 'protect thyself'. Something for which he has not the moxy or wherewithal.

Trump is very canny in decoupling Geostrategic issues from Trade. The process of the last 50 years of selling out American workers for concessions and alliances in support of the projection of American influence and power in the world has led to little but the bankruptcy of American manufacturing. There's really been no upside. Its only gotten the U.S. entangled in costly, futile foreign conflicts. Woodrow Wilson's doctrine of 'Making the World Safe for Democracy' as its moral obligation has lost all credibility. It is a floundering in contradiction and ulterior motives.

So, i think we should realize the Trump is the avant garde of revolutinary change in the West. One that will sweep away the jaded political establishments. And it will sweep away Justin Trudeau.
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That is exactly how the NAZIs saw themselves and your Glorious Revolution would have started 80 years earlier, had all of those misguided liberal progressives not seen fit to stop the. Glad to see it all one back, are you?
 
petros

petros

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Brian. You're losing it. Snap out of it and learn what is really going on.

Both Canada and the US have the same steel and aluminium tarrifs on the same sources. If it is still entering the US through Canada (funneling) who failed? Canada or the US? Should Trump have sat by and let it through?
 
JLM

JLM

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petros said:
Do you know what funneling is? Or how about "preferred country status" in the NAFTA agreement?
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I keep trying to point out to the "know it alls", if you don't know the WHOLE story, you really don't know anything! :lol:
 
petros

petros

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Here is the Canadian list:

https://www.cbsa-asfc.gc.ca/sima-lmsi/mif-mev-eng.html

JLM said:
I keep trying to point out to the "know it alls", if you don't know the WHOLE story, you really don't know anything! :lol:
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This will be the 4th time I've linked to the Canadian version of the tarrifs that are identical to the tarrifs Obama enacted and Trump renewed.

They are almost a decade old.
 
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