Trump Can Impose His Business Policies on US Partners

[The SC]

Saturday, 2 June, 2018 - 11:45

US President Donald Trump. Reuters


Considering the details of trade relations between the United States and its trading partners, Donald Trump's administration appears to be in a strong position and not a weak one, as envisioned by many parties despite the international statements in response to the US decision to proceed with protectionist measures on steel and aluminum.

What encourages Trump to pursue his protectionist policies are his victories since he began earlier this year to wave measures to restrict imports flowing into his country, a source at the World Trade Organization (WTO) said.

“Trump is armed with concessions made in the steel and aluminum file from Argentina, Brazil and Australia, so why not look forward to receiving similar concessions from other countries?” the source questioned.

“The clash Trump started with China seems to be achieving some of its goals as long as China continues to make concessions, such as the one made on Friday as the country reduced import duties on clothing, cosmetics, electronics and fish, as well as dozens of other goods from the United States,” the source added.

“The reduction is between 50 and 75 percent, and it comes after Beijing announced last week a significant symbolic concession to reduce the customs of the imported cars from the United States.”

On the European level, the scene seems to be less crucial despite the French statements.

The total value of US goods, which Europe will impose charges on in response to Trump’s decision, does not exceed $3.5 billion compared to steel and aluminum exports from Europe to the United States at $7.5 billion.

The European position was taken to 'save face', a European source told Asharq Al-Awsat.

“The measures we will be imposed will be gradual and do not amount to a declaration of a commercial war. And what we hear from the European threat in general and French in particular is political and warns from what is coming,” the source said, referring to the possibility of a US escalation in its protectionist policies during the coming period.

On the other hand, other trade sources say that Mexico is the most affected by the imposed steel and aluminum duties because 90 percent of its production is directed to the United States.

However, the issue between Mexico and the United States does not end at these two products. It is enough to raise the issue of immigrants, borders and the wall between the two countries so that we can find how Mexico can easily be singled out to make concessions, said followers to the dispute between the two countries.


https://aawsat.com/english/home/article/1287731/trump-can-impose-his-business-policies-us-partners

 

[Gomig-21]

The total value of US goods, which Europe will impose charges on in response to Trump’s decision, does not exceed $3.5 billion compared to steel and aluminum exports from Europe to the United States at $7.5 billion.

The European position was taken to 'save face', a European source told Asharq Al-Awsat

It's going to be interesting to see if his strategy does end up paying off in the long run, while at the same time not have any recessional consequences to the US economy further down the road. Reagan did similar things only to see the US economy take a beating during George Bush's presidency. The trickle effect is something that is very hard to predict, even by the greatest economic minds on this planet.

This hardline strategy he's taken on steel and aluminum tariffs are about the ONLY thing I support of this clown and the racist & bigoted freak show he's been running. The US has been taken advantage of for decades now and being the superpower that it is, exercising some of that power to further the country's benefit is certainly a good thing. Even the most die-hard anti Tumpeters out there couldn't disagree with these moves he's making. We only worry about the possible, negative after-affects and that he doesn't try to outsmart himself and make too many connections with these policies. If he tries to use them beyond economic benefits to the US and try to add additional influence against China towards North Korea and the Europeans towards Iran, he might lose his grip by complicating things and the whole thing comes crashing down. Let's hope he saves himself from himself!

 

[The SC]

It's going to be interesting to see if his strategy does end up paying off in the long run, while at the same time not have any recessional consequences to the US economy further down the road. Reagan did similar things only to see the US economy take a beating during George Bush's presidency. The trickle effect is something that is very hard to predict, even by the greatest economic minds on this planet.

This hardline strategy he's taken on steel and aluminum tariffs are about the ONLY thing I support of this clown and the racist & bigoted freak show he's been running. The US has been taken advantage of for decades now and being the superpower that it is, exercising some of that power to further the country's benefit is certainly a good thing. Even the most die-hard anti Tumpeters out there couldn't disagree with these moves he's making. We only worry about the possible, negative after-affects and that he doesn't try to outsmart himself and make too many connections with these policies. If he tries to use them beyond economic benefits to the US and try to add additional influence against China towards North Korea and the Europeans towards Iran, he might lose his grip by complicating things and the whole thing comes crashing down. Let's hope he saves himself from himself!

It all seems artificial.. his move to subdue the weakest or more willing allies first, and to use them as an example for his strongest allies, can work for the US economy for a while.. but as you say rightfully..it may back fire in the long run.. he is also using this tactic or strategy, to try to convince China that it is not being particularly targeted..And to pressure Mexico on immigration.. Europe itself won't be affected that much.. honestly speaking what is $4 billion loss for the EU!!!? And even that tiny loss (proportionate to the EU GDP) can also be compensated for in other areas of the solid, and sometimes covert cooperation..So one can clearly see, that the real targets of these economic policies are China.. and some "rogue" allies..like Mexico..

 

[Gomig-21]

It all seems artificial.. his move to subdue the weakest or more willing allies first, and to use them as an example for his strongest allies, can work for the US economy for a while.. but as you say rightfully..it may back fire in the long run.. he is also using this tactic or strategy, to try to convince China that it is not being particularly targeted..And to pressure Mexico on immigration.. Europe itself won't be affected that much.. honestly speaking what is $4 billion loss to the EU!!!? And even that tiny loss (proportionate to the EU GDP) can also be compensated for in other areas of the solid, and sometimes covert cooperation..So one can clearly see, that the real targets of these economic policies is China.. and some "rogue" allies..like Mexico..

And you know what, admittedly so, that's maybe the other thing I can support to a certain extent, is his views on immigration. The obvious problem is his bigoted stance that doesn't and never will sit well with me and many others for that matter, while at the same time, many out there support just that racist side of it, full bore.

I can see the need for the US to get much tougher on immigration, and rightfully so. But to do it with such obvious and shameless and racist and Islamophobic overtones is sickening.

And yes, most of it is coming from Mexico I don't think anyone can deny that but to say they'll pay to build the wall and then try to fleece us for it sucks to high hell, not to mention the whole idea of a wall is stupid to begin with, but at least don't con us about who's going to pay for it. Guy is such a clown and if he had just a little bit more tact and brains, he could be a halfway decent president just based on the principles of SOME of his policies, but that's asking waaaaaay tooooo much. And stop trying to derail everything that has an Obama signature on it just because you have the temperament of a 13 year old girl. I mean, what was so wrong about asking children in school to eat healthy!?!?! Was that such a bad idea that you had to get rid of that and bring back fatty foods? What a complete ***!

 

[Hamartia Antidote]

This hardline strategy he's taken on steel and aluminum tariffs are about the ONLY thing I support of this clown and the racist & bigoted freak show he's been running. The US has been taken advantage of for decades now

Read this article...oh boy!
https://defence.pk/pdf/threads/trum...-s-allies-than-on-china.561552/#post-10536412

 

[Gomig-21]

Read this article...oh boy!
https://defence.pk/pdf/threads/trum...-s-allies-than-on-china.561552/#post-10536412

This will most certainly turn ugly, but it's needed. It's almost like a market correction, so to speak. Although being a numskull and stating national security issues as the reasons for the tariffs against arguably the biggest ally to the US is just about as deflating a statement as can be. I'm not sure where this level of stupidity comes from, whether it infiltrates his brains through complete incompetent divisors, or it's just his brains that are already corrupted to begin with. I'm pretty sure it's the latter since it's well known this guy wants nothing to do with sound advice.