Trump Could Exempt Mexico And Canada From Steel Tariffs

Trump Could Exempt Mexico And Canada From Steel Tariffs
President Donald Trump could exempt some nations when he formalizes tariffs on imported steel and aluminum amid threats of retaliation from U.S. trading partners and warnings from his own party that the move will hurt American businesses and consumers.

The administration will initially exclude Canada and Mexico from the tariffs, an exemption they would lose if they can’t agree to an updated North American Free Trade Agreement with the U.S., White House trade adviser Peter Navarro said on Wednesday. Other American allies could use a similar system to ask for an exemption, he said.


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countguycountguy - 3/8/2018 10:00:15 AM
-1 Boost
lmao


llaroollaroo - 3/8/2018 10:03:47 AM
-2 Boost
he will try and use NAFTA as hostage in order to get a 'better' deal or else. Amateur hour in the Presidency


Agent009Agent009 - 3/8/2018 11:50:40 AM
+3 Boost
That is called "the art of the deal"


TheSteveTheSteve - 3/8/2018 12:56:34 PM
-1 Boost
@Agent009: People who praise Trump are truly ignoring readily available information that depicts him as a terrible businessman, and an unethical, dishonest person. Here are just a few examples:

- Inherited his wealth

- History of bankruptcies, including bankrupting formerly successful casinos

- His investments did about half as good as compared to the NASDAQ. Yeah, if Trump had thrown his inheritance into NASDAQ stocks, sat back and watched TV while eating Cheetos, he’d literally be TWICE as rich as he is today!

- Has been, and continues to be involved in literally thousands of lawsuits. Many are vendors and contractors who he routinely does not pay for work performed as contracted. That’s why his hometown of New York knows him as a scammer.

- Scam operations, such as Trump University: A money-making business (under fraudulent pretenses), posing as an institution of higher learning. Internal emails depict Trump University to me a high-pressure marketing machine designed to extract money from unwitting “customers” with high hopes.

- Long history of being an egocentric tyrant, who cares about nobody and nothing else, other than getting his way, people being blindly obedient and loyal to him, self-benefit, and being flattered and praised.

These things are an intrinsic part of Donald J. Trump’s history, readily available, and readily clear to anyone who cares to look, without wearing messiah-colored glasses. His present is not at all different from his history.

PS: “The Art of The Deal” was ghost-written. Trump is not the author.


So much for this trade war being a brilliantly-executed “Art Of The Deal” as opposed to yet another reactionary flying-off-the-handle, followed by spin-control in an attempt to impart some sense of sanity.



llaroollaroo - 3/8/2018 10:31:13 AM
+4 Boost
sure Canada is the largest exporter of steel to the US, but Canada doesn't dump cheap steel into the world market like China. Canada is 35million people, US is 330 Million. Canada has a consuming market 1/10th the size of the US, Naturally it would have a greater challenge to balance OVERALL trade. Typically a 10billion dollar trade deficit with US. China's is 400 billion. But then again they bail out the US debt as a loaner of money. Nothing is simple so simple solutions satisfy few.


222max222max - 3/8/2018 10:51:56 AM
-1 Boost
I come here to read about cars. Daily I have to see this orange man's mug somewhere one here.


Agent009Agent009 - 3/8/2018 11:51:49 AM
+4 Boost
mainly because he is shaping the auto industry with his policies


TheSteveTheSteve - 3/8/2018 5:23:07 PM
-4 Boost
@Agent009 wrote "mainly because [Trump] is shaping the auto industry with his policies"

Outside of the United States, the auto industry is firming up on lowering emissions. The Trump Regime has fiscally crippled the EPA, is in the process of dismantling it. Existing pollution laws have already been scrapped, and not replaced, to allow industry to pollute more, as that's "good for business" (AKA profit over The People).

Outside of the United States, the auto industry is firming up on ICE fuel economy, as it is closely related to emissions. The Trump Regime is easing fuel economy regulations to allow American manufactures to enjoy making gas-guzzlers.

Outside of the United States, the auto industry (for the most part) is gunning to get off oil and other fossil fuels. Even the Kingdom of Saudi Arabia is working aggressively to transition away from oil income. The Trump Regime is doubling down on oil and coal.

The current regime is not "shaping the auto industry". It is setting up the US auto industry (specifically) for suffering and failure, as the rest of the world heads off into the future, while the USA turns backwards, towards the "good ol' days," in a bid to "make America great again."


llaroollaroo - 3/8/2018 7:16:23 PM
-3 Boost
you are bang on Steve. Trump the anti globalist will take the country back so far that world trade will step around the US. There is an emerging market in the world 3 times the size of the US called China. I am not a fan of China but that's a reality. Isolationism makes you irrelevant. An old stooge is not what the US and the world needs in the white house.


TheSteveTheSteve - 3/8/2018 8:19:37 PM
-4 Boost
@llaroo: Yes, China is a huge market, and it's growing rapidly, especially for cars. I'm sure you know that China recently banned sales of over 500 different makes/models of automobiles because they didn't meet China's new stiffer emissions regs. Banned models include premiere brands like BMW and Audi, and not just Chinese makes. Numerous US models were affected by the ban.

China has a lengthy history of frightening pollution. They're working aggressively to clean that up.

So what will the US auto industry and the US government do when China tells them "your vehicles are too dirty for sale here"? Will they cry foul, and threaten sanctions... against the HUGE Chinese market, who is opening up trade with the free world, while the Trump Regime swaggers with threats of tariffs and demands for special, lop-sided, Treat-US-Best trade deals?

As an example of Executive-Level Stupidity: Canada has a population of about 1/10th the size of the US's, and Trump wails there's a trade imbalance. Well duh! Does he expect each Canadian to buy 10x as much as an Average American, just so the US can sell as much to Canada as it buys from them? Evidently so for things to be "fair," in Trump's mind.


skytopskytop - 3/8/2018 10:28:38 PM
+2 Boost
Pres. Trump knows that a rifle can be better than a shotgun.


llaroollaroo - 3/9/2018 7:23:29 AM
-4 Boost
right, and he will take down everyone else around him with his implosion.


MDarringerMDarringer - 3/9/2018 8:49:29 AM
+5 Boost
Keep telling yourself that. Prepare to cry in 2020.


t_bonet_bone - 3/9/2018 10:02:05 AM
+5 Boost
It's kind of too bad that the haters are getting the same benefits as the supporters.Jobs, paychecks, 401k's...so much for the predicted global recession.


TheSteveTheSteve - 3/9/2018 2:44:50 PM
-5 Boost
Not too long ago, Conservatives on AutoSpies blasted Obama for the additional debt he added to the total National Debt. The Republicans were the fiscally responsible ones, because they were anti-debt. Okay.

So the latest Republican budget adds $1.5 Trillion to the National Debt -- a record high by any president, and especially in the first year (or so) in office. What's the Right-Wing reaction? Cheers and approval. Huh? Big debt under Obama: Bad. Bigger debt under Trump: Good!

When Clinton got a glowjob from Lewinski while in office, the Christian Conservative Right blasted him for his immorality, and demanded his resignation. Understandable. Okay.

Trump openly speaks of grabbing women by the pussy, walking into beauty pageant change rooms unannounced (Howard Stern interview), has over a dozen women accusing him of sexual impropriety, and is embroiled in a sex scandal with a porn star ("Stormy Daniels") while he's in office. So what does the Christian Conservative Right have to say about this? [Crickets]. Interesting.

I read this as hypocrisy. The criticisms of "the other guy" aren't on legitimate grounds. It's just a form of: The other guy is always bad, but if it's our guy, well, we can forgive him for anything, and we'll defend him all the way.

I look forward to next week's special elections in Pennsylvania, and the midterm elections this November, and Mueller's ongoing probe. We certainly do live in interesting times!


llaroollaroo - 3/9/2018 9:45:16 PM
-4 Boost
dont waste your time TheSteve with facts and logic.


TheSteveTheSteve - 3/10/2018 1:05:32 AM
-6 Boost
@llaroo: Reacting to Alt.Right-ers is like reacting to terrorists -- If one becomes afraid to speak, afraid to act, then the terrorist have scored a victory. Yech.

As long as there is a *NON*-Alt.Right population (i.e., *NOT* a Nazi, White supremacist, anti-LGBTQ, mysogenistic, Islamophobic, etc.) here on AutoSpies, I'll continue to speak and write for those people.

Facts and reason: Alt.Right Kryptonite!


CANADIANCOMMENTSCANADIANCOMMENTS - 3/9/2018 10:05:53 PM
+3 Boost
Glad to see both Canada and Mexico given exemptions from the tariffs on steel and aluminum. Between autos and aerospace, there is a lot of cross-border trade in raw materials and finished components. Cooler heads should prevail moving forward. China still only provides 2.9% of all US steel imports. They are a non factor there, but perhaps a pain in other markets.



TheSteveTheSteve - 3/10/2018 1:08:14 AM
-7 Boost
@CANADIANCOMMENTS: You're not off the hook yet. The word is that exempting Canada and Mexico are only temporary measures. Trump and cronies will threaten to reneg (AKA: Unilaterally "renegotiate", under threats of dire consequences) NAFTA, and they'll use these sanctions as the "big stick" threat.


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