Why Trump's threats could give Canada a trade advantage it never sought: Don Pittis

[White_Unifier]

Why Trump's threats could give Canada a trade advantage it never sought: Don Pittis | CBC News

Trump should keep up his anti-trade rhetoric against Canada. It seems to be helping us.

 

[mentalfloss]

They're both in on it anyway.

 

[White_Unifier]

They're both in on it anyway.

I doubt Trump planned for this. I think he's just economically illiterate to a degree. I think he understands the value of trade, just not to the degree a POTUS should.

 

[JLM]

I doubt Trump planned for this. I think he's just economically illiterate to a degree. I think he understands the value of trade, just not to the degree a POTUS should.

I think he may be verbally illiterate more than economically illiterate. He's not stupid! He knows once Trudeau sees his stance (body language) weaken He's got him. Trump is a sheep in wolves clothing.

 

[White_Unifier]

I think he may be verbally illiterate more than economically illiterate. He's not stupid! He knows once Trudeau sees his stance (body language) weaken He's got him. Trump is a sheep in wolves clothing.

We'll see.

 

[Curious Cdn]

The relatively low value of the Canadian dollar against the Greenback is and has been our secret weapon in trade with the US for a couple of generations, now. It works in our favor when we export but discourages importing from the US.

 

[Cliffy]

I think he may be verbally illiterate more than economically illiterate. He's not stupid! He knows once Trudeau sees his stance (body language) weaken He's got him. Trump is a sheep in wolves clothing.

 

[White_Unifier]

The relatively low value of the Canadian dollar against the Greenback is and has been our secret weapon in trade with the US for a couple of generations, now. It works in our favor when we export but discourages importing from the US.

That's what Trump seems to not understand. He can raise tariffs against Canada all he wants, but that just pushes our dollar down relative to the USD. How does that help US exports?

Unfortunately, Freeland seems to have misunderstood this too. By countering with our own tariffs, we just decelerate the inevitable drop in the Canadian dollar. When the David of Canada is fighting the Goliath of the US, we need every advantage at our disposal, and the biggest one at our disposal is to let the CAD float.

 

[Ocean Breeze]

Why Trump's threats could give Canada a trade advantage it never sought: Don Pittis | CBC News

Trump should keep up his anti-trade rhetoric against Canada. It seems to be helping us.

You know......that is a good point. Basic psychology too. ;-)

(if nothing more.....we are no longer complacent ;-) We are ENGAGED.....

 

[White_Unifier]

You know......that is a good point. Basic psychology too. ;-)

(if nothing more.....we are no longer complacent ;-) We are ENGAGED.....

Worse yet for Trump, even Republican senators are sympathizing with Canada in this trade war.

 

[gopher]

 

[darkbeaver]

New figures out yesterday show the U.S. economy is on a tear, with inflation at a six-year high and unemployment at an 18-year low.

US unemployment is closer to twenty-five %, that,s not an 18 year low. Is it?

 

[Ocean Breeze]

Trump free shopping taking hold in CDA. Buy local or any country eXCEPT the USA. Until the child emperor comes to his senses.

CTV reporting customers moving in that direction. using TRumpfree cart.(that they label themselves ;-)

LOVE IT.

So, White Uni.......we were spot on ..;-)

Trump/USA free shopper.;-)

 

[Bar Sinister]

US unemployment is closer to twenty-five %, that,s not an 18 year low. Is it?

Where the hell do you get your numbers from?

 

[darkbeaver]

John
Williams'
Shadow Government Statistics
Analysis Behind and Beyond Government Economic Reporting



Alternate Unemployment Charts

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

Public Commentary on Unemployment​

Unemployment Data Series

(Subscription required.) View Download Excel CSV File Last Updated: June 1st, 2018

The ShadowStats Alternate Unemployment Rate for April 2018 is 21.5%.​

Republishing our charts: Permission, Restrictions and Instructions (includes important requirements for successful hot-linking)​

 

[Bar Sinister]

John
Williams'
Shadow Government Statistics
Analysis Behind and Beyond Government Economic Reporting



Alternate Unemployment Charts

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

Public Commentary on Unemployment​

Unemployment Data Series

(Subscription required.) View Download Excel CSV File Last Updated: June 1st, 2018

The ShadowStats Alternate Unemployment Rate for April 2018 is 21.5%.​

Republishing our charts: Permission, Restrictions and Instructions (includes important requirements for successful hot-linking)​

Somehow I suspect that other statisticians are going to dispute your source.