Trump knocks US-Japanese trade relationship as unfair
Source: CNN
Tokyo (CNN)President Donald Trump, speaking Monday morning from the US embassy in Tokyo, repeatedly criticized the host country's trade practices and vowed to rebalance the US-Japan trading relationship.
"The United States has suffered massive trade deficits with Japan for over 70 years," Trump said. "We want fair and open trade, but right now our trade with Japan is not fair and it's not open ... Right now, our trade with Japan is not free and it's not reciprocal."
Trump has made clear that rebalancing US trading relationships and confronting the North Korean threat will be the two issues driving his discussions with foreign leaders during his trip through Asia, which began Sunday in Japan. But many former US officials and regional experts have warned that Trump's focus on trade could drive a wedge between the US and its allies in the region at a time when the fate of the North Korean threat could rest on the strength of those alliances.
Delivering remarks to a small group of top US and Japanese business leaders, Trump stressed the importance of renegotiating the terms of the trading relationship, which Trump slammed as lopsided.
Read more: http://www.cnn.com/2017/11/05/politics/trump-us-japanese-trade/index.html
Trump is once again stealing from Bernie's playbook by attacking trading partners. He should at least be honest and give credit to Bernie Sanders for Trump's trade policies, which take working class resentment to scapegoat foreign trade and immigration.
http://www.express.co.uk/news/world/757997/bernie-sanders-hails-donald-trump-executive-order-tpp-trade-deal-newsnight-bbc
Bernie Sanders commended Trump on Newsnight: The current trade policies that we have, which include NAFTA, CAFTA and permanent normal trade relations with China have been a disaster for the American worker because many large corporations have shut down production here and moved to low-wage countries all over the world.
Weve lost many millions of decent paying jobs so I campaigned very strongly against the TPP and Im glad Trump followed through and has gotten us out of the TPP.
msongs
(67,381 posts)JDC
(10,122 posts)TomCADem
(17,387 posts)Long before Trump began his anti-immigrant, anti-trade crusade, Bernie was pushing these issues since he arrived in Congress. While Trump was being perv on Howard Stern, it was Bernie Sanders who was on Lou Dobbs complaining about the evils of rampant immigration and the threat on the white working class.
Bayard
(22,038 posts)Note to World: Don't invite The Moron to your country if you don't want him blathering about how unfair you are, and how big was his inauguration crowd.