Trump says trade wars are ‘good’ and ‘easy to win’
Scott Walker, a Republican, said Friday that Trump should reconsider the tariffs, noting that the USA doesn’t have the capacity to produce the amount of ultra-thin aluminum needed by its own manufacturers.
“Whatever his final decision is is what will happen”, Ross remarked. But Navarro says Trump decided on wide-ranging import charges because he seeks to boost American manufacturers.
White House officials have said that the tariffs will be applied globally and without exceptions for allies.
“It’s not only China that believes this to be unreasonable, many European countries and Canada have all said they can not accept this”.
But the US president appears to be in battle mode. “That means the US steel industries, of all countries, they want the tariffs to be put on, they want it to be put on Canada”.
“With every new idea that comes from the United States, we have to reinforce our Canadian position”, he said.
Trade wars, what are they good for? “Only working together and addressing supply and demand we can stop the ilegal (sic) flow of drugs, cash and weapons going both ways”.
Conservative foreign affairs critic Erin O’Toole said the government dropped the ball, and should have already secured an exception for Canada.
– The department calls on Trump to claim the tariffs are in the interest of national security, saying he could implement them using a little-known provision from a 1962 trade law. He says during an interview with CNN that fears of a trade war are “nonsense”. “It’s just one-sided”.
It has spelt out it would join others in a challenge at the World Trade Organisation (WTO) and consider safeguard measures, last deployed in 2002, to guard against steel and aluminium being diverted to Europe from elsewhere if U.S. tariffs come in.
China also condemned the move, with a Chinese foreign ministry spokesperson saying: “If all countries followed the example of the United States, [it] will undoubtedly result in a serious impact on the worldwide trade order”. Our Steel and Aluminum industries are dead.
Canada will get hit hardest, since it makes up 16% of the United States steel import market.
On Thursday, Trump announced plans to implement a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports to the US. “Well, if we have big trade deficit with our other partners, they have a lot more to lose than we do, because those hundreds of billions of dollars are in their pockets now, not ours”, Ross explained.
Freeland stressed that Canada is the biggest customer of American steel and a longstanding NORAD and North Atlantic Treaty Organisation ally. The tweets come as representatives from the US, Mexico, and Canada wrap up the latest round of NAFTA talks Mexico City on Monday.
The tariffs placed on steel imports will last for an “unlimited period of time”, Trump said, adding they will be in effect “for a long period of time”.