Jump to content



Photo

Trump will exit NAFTA


  • Please log in to reply
4 replies to this topic

#1 stocks

stocks

    Member

  • Traders-Talk User
  • 3,862 posts

Posted 24 February 2018 - 03:29 AM

Trump Wants "Harshest" Import Tariffs: 24% On Steel, 10% On Aluminum 

 

 

https://www.zerohedg...eel-10-aluminum


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#2 stocks

stocks

    Member

  • Traders-Talk User
  • 3,862 posts

Posted 03 March 2018 - 09:38 AM

Unhappy Canada Vows Retaliation For Steel "Products"Tariffs 

 

The key word here is “products”. Why? because Canada doesn’t make raw Steel.  (Top 40 List)  The Canadians, like the Mexicans, import their raw steel from China.  Canada then fabricates products from the Chinese steel.  This nuanced point is almost always lost on people who discuss trade.  This point of origination is also the fatal flaw within NAFTA.

 

In essence Canada is a brokerage for Chinese manufactured material, and NAFTA is the access trade-door exploited by China for entry into the U.S. market.


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#3 stocks

stocks

    Member

  • Traders-Talk User
  • 3,862 posts

Posted 08 March 2018 - 07:41 PM

Canada doesn’t make raw Steel.  (Top 40 List)  The Canadians, like the Mexicans, import their raw steel from China.  Canada then fabricates products from the Chinese steel.  This nuanced point is almost always lost on people who discuss trade.  This point of origination is also the fatal flaw within NAFTA.

 

In essence Canada is a brokerage for Chinese manufactured material, and NAFTA is the access trade-door exploited by China for entry into the U.S. market.

 

 

The specific target has always been China 

 

What POTUS will announce is “targeted exemptions” to the trade tariffs on Steel and Aluminum.  Not “targeted tariffs”, but rather “targeted exemptions”.

 

Any nation that acts like a Chinese proxy in the trans-shipment problem will not get relief from the tariffs.  However, the nations that manufacture and trade honestly will be granted tariff relief.  This allows Team Trump to evaluate the origin of the Steel used by countries that want to import their finished goods into the U.S.  If they are using Chinese Steel, the tariff applies.  If they are using their own manufactured steel, there is no tariff.

 

 

https://theconservat...luminum-action/


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#4 stocks

stocks

    Member

  • Traders-Talk User
  • 3,862 posts

Posted 18 March 2018 - 07:27 AM

‘It would be a CATASTROPHE’ German car industry panics over Trump’s trade war threat The US President sparked a war of words with the European Union by threatening to “apply a tax” on cars made in Europe if the EU retaliates against his new round of trade penalties on imports of steel and aluminium

 


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#5 stocks

stocks

    Member

  • Traders-Talk User
  • 3,862 posts

Posted 24 March 2018 - 06:43 AM

Gordon Chang: Trump doing the right thing on China 

 

Trump is the only person with balls to say HEY you cannot rip off America anymore

 

 


-- 

200,000 US troops are stationed in 177 countries throughout the world.