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G7 Nations Meet To Discuss Punishing USA


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Woolfsmck
5 hours ago, Economy said:

But the thing is not every Country he's picking up fights with has anything to "level out".

 

Some places like China for example have unfair practices that other Countries have complained about as well and I get that

 

But for example Hb my Country? We buy more US steel than the US buys from us. What level field exactly is he trying to level here?

 

I know Canadian officials were also upset that he'd cherry pick numbers to suit his claims

 

For example the US has an over-all trade surplus with Canada but he ignored service trade and only included manufactured goods or raw materials and energy so that he'd get the numbers he wanted to say Canada is ripping off US and that NAFTA is bad

 

Like u literally can't trust anything that guys says

 

There is one thing I can understand his frustration with my Country and that's agriculture (particularly dairy and meats) and pharmaceuticals which we have more restrictions on than the US.

 

From an economic and trade point of view I have to give Trump that but at the same time I dunno about compromising our safety standards just to make Trump happy on a few details

 

Canada btw also isn't allowed to sell more than a certain percentage of our energy outside North America under the NAFTA deal. And we export a lot. That's stuff in there numbers as well that count towards the trade balance against the US that wouldn't be there if the Americans hadn't demanded it for energy security

I concur..not all of the trade agreements are the same.  

Also , some of the policies were intentionally more beneficial to entice an agreement at all.  Plus the US leadership wanted to help allies strengthen their economies.. now it's time to reexamine the conditions ... China especially..and the EU.. Canada as always be a good trade neighbor, so exempting them makes sense to me...

like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true
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Florian
49 minutes ago, Woolfsmck said:

I concur..not all of the trade agreements are the same.  

Also , some of the policies were intentionally more beneficial to entice an agreement at all.  Plus the US leadership wanted to help allies strengthen their economies.. now it's time to reexamine the conditions ... China especially..and the EU.. Canada as always be a good trade neighbor, so exempting them makes sense to me...

Lmao.

On one hand, EU has stricts regulations because the parliament actually care about what we eat, what chemicals we're exposed too, etc.

On the other hand, the US government is under pressure because your lobbies doesn't want to lose money in investing in less dangerous chemicals.

Why would EU buy goods that don't follow European rules ? :laughga: That's the reason why there is a imbalance when it comes to goods and that's completely logical. EU buy more services than the US tho.

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Economy
1 hour ago, Florian said:

Lmao.

On one hand, EU has stricts regulations because the parliament actually care about what we eat, what chemicals we're exposed too, etc.

On the other hand, the US government is under pressure because your lobbies doesn't want to lose money in investing in less dangerous chemicals.

Why would EU buy goods that don't follow European rules ? :laughga: That's the reason why there is a imbalance when it comes to goods and that's completely logical. EU buy more services than the US tho.

Trump doesnt like to count services in the trade numbers for some reason. Only physical goods even tho US exports are growing strongers with services

 

He pulls the same sh*t on Canada

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Florian
3 minutes ago, Economy said:

Trump does like to count services in the trade numbers for some reason. Only physical goods even tho US exports are growing strongers with services

 

He pulls the same sh*t on Canada

Oops, I was looking at old data.

We have an imbalance in services now too :sweat:

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Woolfsmck
50 minutes ago, Florian said:

Lmao.

On one hand, EU has stricts regulations because the parliament actually care about what we eat, what chemicals we're exposed too, etc.

On the other hand, the US government is under pressure because your lobbies doesn't want to lose money in investing in less dangerous chemicals.

Why would EU buy goods that don't follow European rules ? :laughga: That's the reason why there is a imbalance when it comes to goods and that's completely logical. EU buy more services than the US tho.

That's why a rework is needed, Mexico and China have even fewer chem or environmentally protection rules than the us

Trump lumping all trade under one banner and saying tarrif increase is needed isn't very astute or researched 

like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true
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