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Trump's Tariffs and Trade War

Cap'tain Fantastic

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Aug 3, 2011
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Canadian economy is so much smaller and the bully always wins.
Not exactly true anymore. I’m citing here an extract from an article published today:

"The United States now only accounts for 16% of world trade. Their GDP in purchasing power parity represents 15% of the world economy. In 1985, the United States was worth 35% of the world economy."

The leverage economical power of the USA has significantly diminished in the last 40 years. During this period there has been multiple trades agreement a signed between developed countries. Canada has the higher numbers in terms of the amount of treaties signed with other economic partners. So this is feud with Trump will hurt us(it already has), but give it 3-4 years and the deficit will end up being absorb with new markets.

The remaining question will, by then, be : how do the rest of the world perceive the USA as a potential business partner?

The one thing that a vast part of the US population doesnt seem to realize is how harmful a 4 years mandate under Trump can be, when facing the rest of the world (G20)!
 
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CLOUD 500

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Jan 10, 2005
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Not exactly true anymore. I’m citing here an extract from an article published today:

"The United States now only accounts for 16% of world trade. Their GDP in purchasing power parity represents 15% of the world economy. In 1985, the United States was worth 35% of the world economy."

The leverage economical power of the USA has significantly diminished in the last 40 years. During this period there has been multiple trades agreement a signed between developed countries. Canada has the higher numbers in terms of the amount of treaties signed with other economic partners. So this is feud with Trump will hurt us(it already has), but give it 3-4 years and the deficit will end up being absorb with new markets.

The remaining question will, by then, be : how do the rest of the world perceive the USA as a potential business partner?

The one thing that a vast part of the US population doesnt seem to realize is how harmful a 4 years mandate under Trump can be, when facing the rest of the world (G20)!
Well my take on this is, if the countries want to win the trade war they must join forces, Mexico, China, and the European Union. If all these countries slapped tariffs on American goods they can do major damage to the American economy. The only to beat a bully is to pool resources and come at the bully with a group.
 
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Valentina

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Are you taking this the the rothpeople?

Agreed tho there is no physical way to escape. We are all fucked there and continue to dig deeper holes.
Precisely. Along with others…

J.P. Morgan, Rockefeller which all had a part in the creation of the Federal Reserve. (Lovely)

Larry Fink. Is another one.
To name a few.
 

Valentina

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EagerBeaver

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Canada capitulated as predicted! As did Mexico. I told all of you this was going to happen and instead you start talking about impact on escort rates. It was never going to make it that far once Trump got what he wanted.
 
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CLOUD 500

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Jan 10, 2005
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CLOUD 500

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Jan 10, 2005
7,219
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Canada capitulated as predicted! As did Mexico. I told all of you this was going to happen and instead you start talking about impact on escort rates. It was never going to make it that far once Trump got what he wanted.
Of course they will. That I already knew. They are at the mercy of the US which is a much bigger economy.
 
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Hemme

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Dec 3, 2022
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Well my take on this is, if the countries want to win the trade war they must join forces, Mexico, China, and the European Union. If all these countries slapped tariffs on American goods they can do major damage to the American economy. The only to beat a bully is to pool resources and come at the bully with a group.
Bring it on , tabarnak !
 

CLOUD 500

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Everyone has to agree Trudeau really came thru on this and proved he's the best Canadian leader of all time. Making Trump bend the knee like that was pure magic.
Are you making a joke? Lol
 

Hemme

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Dec 3, 2022
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Not exactly true anymore. I’m citing here an extract from an article published today:

"The United States now only accounts for 16% of world trade. Their GDP in purchasing power parity represents 15% of the world economy. In 1985, the United States was worth 35% of the world economy."

The leverage economical power of the USA has significantly diminished in the last 40 years. During this period there has been multiple trades agreement a signed between developed countries. Canada has the higher numbers in terms of the amount of treaties signed with other economic partners. So this is feud with Trump will hurt us(it already has), but give it 3-4 years and the deficit will end up being absorb with new markets.

The remaining question will, by then, be : how do the rest of the world perceive the USA as a potential business partner?

The one thing that a vast part of the US population doesnt seem to realize is how harmful a 4 years mandate under Trump can be, when facing the rest of the world (G20)!
Not exactly true anymore. I’m citing here an extract from an article published today:

"The United States now only accounts for 16% of world trade. Their GDP in purchasing power parity represents 15% of the world economy. In 1985, the United States was worth 35% of the world economy."

The leverage economical power of the USA has significantly diminished in the last 40 years. During this period there has been multiple trades agreement a signed between developed countries. Canada has the higher numbers in terms of the amount of treaties signed with other economic partners. So this is feud with Trump will hurt us(it already has), but give it 3-4 years and the deficit will end up being absorb with new markets.

The remaining question will, by then, be : how do the rest of the world perceive the USA as a potential business partner?

The one thing that a vast part of the US population doesnt seem to realize is how harmful a 4 years mandate under Trump can be, when facing the rest of the world (G20)!
Nobody expected the last 4 years to be that bad
 
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