Trump Tariff deal is unfair to Philippines

[Pototan]

Trump does not negotiate, he bullies. His dealings more resemble an Al Capone protection racket. A 19% Tariff on Philippine goods and a 0% on American goods is a humiliation to a steadfast US Asian ally.

The Philippines has a Value Added Tax (VAT) of 12%. Everyone has to pay that, including importers. A fair deal would have been a 15% Tariff on Philippine exports to America and a 3% Tariff on American goods coming to the Philippines. That would amount to recognizing the VAT as a Tariff and reciprocating the 3% in order to get to that 15%

An unfair deal in the Philippines, or involving any ally, makes the existing Democratic government vulnerable and susceptible to an anti-American opposition party coming to power.

[Irish_Dem]

1. The goal is to break up US alliances with Asia, Europe, Canada, Mexico.

Make all US allies no longer respect or trust the US.
In fact hate the US.

And also yes it is an extortion scheme on Trump's part.
As he takes a wrecking ball to the US economy, the federal govt, our allies, he is make a great deal of money.

Harvard is going to agree to pay him $500 million.

We know he is getting bribes from many sources.

All going directly into his pocket.