Donald Trump is threatening to raise American tariffs to get the rest of the G7 to abolish theirs.
Does Donald Trump want American tariffs. As an international businessman he knows these taxes hurt industry. But to hear the mainstream media, you would think that Trump was as much a “protectionist” as Patrick Buchanan.
The Wall Street Journal, for example, ran a story under the headline, “Trump Says U.S. Won’t Endorse G-7 Communiqué, Threatens Auto Tariffs.”
But buried in the story is this startling statement about what Trump said and what the other G7 nations practice:
He also indicated his administration would continue to take a tough stance on trade policy as he called for “no tariffs, no barriers…and no subsidies.”
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The G-7 has never been a tariff-free bloc, with member countries trading among one another under various agreements.
Our libertarian friends are freaking out that Trump is taking a hard line with Canada and Mexico in our NAFTA…
Naturally, Justin Trudeau wants to continue the status quo. He also felt he should attack Trump on his way to the Korea summit.
This was how the hysterical mainstream media responded to Trump’s response to Trudeau.
The Conservative Treehouse analyzed Trudeau’s ending speech (see below, if you want to listen to it): “Justin Trudeau: Tariffs are Only Illegal When U.S. Does It…”
Delivering remarks in a post G7 press conference, Prime Minister Justin from Canada outlines his perspective on the summit and takes questions from a pre-selected media audience. Many of the questions centered around U.S. positions on trade/tariffs and the Canadian/EU position that U.S. tariffs are illegal; whereas Canadian and EU tariffs are quantifiable expressions of magnanimous intellectual superiority and Americans should spend more time thanking them, instead of these feeble efforts to gain trade reciprocity.
The underlying Trudeau trade premise is that the U.S. should be thankful for the products brought into the U.S. market by Canadians and Europeans.
If President Trump does not agree to continue the cycle of abusive trade policies, the Europeans and Canadians might stop saying they are our closest and most valuable ally.
A couple of their observations:
On NAFTA Justin from Canada says a sunset clause on any renegotiated trade deal is a non-starter regardless of time-frame. If the U.S. intends to reevaluate the outcomes of a trade deal, there can be no trade deal – ever.[…]
On the global gender equity initiative, six of the G7 members have agreed to a $3.8 billion fund to create more opportunity for female organisms; and/or for the expanded rights of those who might identify as female organisms in the next generation.
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