The Latest: Trump: 'Not backing down' on tariffs
Source: Associated Press
34 minutes ago
12:35 p.m.
President Donald Trump says were not backing down on his push to impose tariffs on imported steel and aluminum despite criticism from fellow Republicans.
The president says during an Oval Office meeting with Israel Prime Minister Benjamin Netanyahu that he doesnt expect to have a trade war as a result of his push to crack down on a flood of steel imports.
The president spoke after a spokeswoman for House Speaker Paul Ryan said the speaker was extremely worried about the consequences of a trade war and urging the White House not to advance the plan.
Trump says the U.S. has had a very bad deal with Mexico under the NAFTA agreement but he says the tariffs could be part of NAFTA.
Read more: https://www.apnews.com/38361a1716474f49bfb0ae6a89294006/The-Latest:-Trump:-'Not-backing-down'-on-tariffs
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(3,496 posts)Bernardo de La Paz
(48,988 posts)TomCADem
(17,387 posts)Nt
Bernardo de La Paz
(48,988 posts)I'm not sure you understand your point. I certainly don't understand your point.
TomCADem
(17,387 posts)Most imported steel coming into the U.S. comes from Canada. China is only the tenth largest importer of steel to the U.S. Still, I could see Trump just scapegoating non-white countries, and exempting Canada, because so much of Trump's policies are driven by racism and nationalism, rather than economic reality.
https://www.reuters.com/article/us-usa-trade-factbox/factbox-top-steel-exporters-to-the-united-states-idUSKCN1GE10I
1. Canada 16.7 percent
2. Brazil 13.2 percent
3. South Korea 9.7 percent
4. Mexico 9.4 percent
5. Russia 8.1 percent
6. Turkey 5.6 percent
7. Japan 4.9 percent
8. Germany 3.7 percent
9. Taiwan 3.2 percent
10. China 2.9 percent
11. India 2.4 percent
Botany
(70,490 posts)Which means he is gonna flip in 48 hours.
DonCoquixote
(13,616 posts)When you sell your soul, sooner or later the devil collects his due. Those Midwest voters are going to have you tarred and feathered!
Bernardo de La Paz
(48,988 posts)TomCADem
(17,387 posts)Trump is just ripping off Bernies proposals on tariffs. Is Bernie okay?
Angry Dragon
(36,693 posts)Response to DonViejo (Original post)
dalton99a This message was self-deleted by its author.
OnlinePoker
(5,719 posts)So I guess it's now going to be the North American Free Tariff Agreement. He keeps going on about how bad we Canadians are, but we import more from the States than we export to the States.