User Tag List

Results 1 to 6 of 6

Thread: Press Conference by President Trump After G7 Summit

Threaded View

  1. #1
    Points: 665,270, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 88.0%
    Achievements:
    SocialRecommendation Second ClassYour first GroupOverdrive50000 Experience PointsTagger First ClassVeteran
    Awards:
    Discussion Ender
    Chris's Avatar Senior Member
    Karma
    433316
    Join Date
    Feb 2012
    Posts
    197,552
    Points
    665,270
    Level
    100
    Thanks Given
    31,984
    Thanked 80,905x in 54,720 Posts
    Mentioned
    2011 Post(s)
    Tagged
    2 Thread(s)

    Press Conference by President Trump After G7 Summit

    Now I've been arguing all along for complete across-the-board "blanket" free trade.

    Guess who supports that?

    Press Conference by President Trump After G7 Summit

    ...Q Mr. President, you said that this was a positive meeting, but from the outside, it seemed quite contentious. Did you get any indication from your interlocutors that they were going to make any concessions to you? And I believe that you raised the idea of a tariff-free G7. Is that —

    THE PRESIDENT: I did. Oh, I did. That’s the way it should be. No tariffs, no barriers. That’s the way it should be.

    Q How did it go down?

    THE PRESIDENT: And no subsidies. I even said no tariffs. In other words, let’s say Canada — where we have tremendous tariffs — the United States pays tremendous tariffs on dairy. As an example, 270 percent. Nobody knows that. We pay nothing. We don’t want to pay anything. Why should we pay?

    We have to — ultimately, that’s what you want. You want a tariff-free, you want no barriers, and you want no subsidies, because you have some cases where countries are subsidizing industries, and that’s not fair. So you go tariff-free, you go barrier-free, you go subsidy-free. That’s the way you learned at the Wharton School of Finance. I mean, that would be the ultimate thing. Now, whether or not that works — but I did suggest it, and people were — I guess, they got to go back to the drawing and check it out, right?

    But we can’t have — an example — where we’re paying — the United States is paying 270 percent. Just can’t have it. And when they send things into us, you don’t have that. I will say, it was not contentious. What was strong was the language that this cannot go on. But the relationships are very good, whether it be President Macron or with Justin. We had — Justin did a really good job. I think the relationships were outstanding.

    But because of the fact that the United States leaders of the past didn’t do a good job on trade — and again, I’m not blaming countries; I’m blaming our people that represented our past. It’s got to change. It’s going to change. I mean, it’s not a question of “I hope it changes.” It’s going to change, a hundred percent. And tariffs are going to come way down, because people cannot continue to do that. We’re like the piggybank that everybody is robbing. And that ends.

    In fact, Larry Kudlow is a great expert on this, and he’s a total free trader. But even Larry has seen the ravages of what they’ve done with their tariffs. Would you like to say something, Larry, very quickly? It might be interesting.

    ...
    He still gets it wrong the we pay Canadian tariffs--no, Canadians pay it--but he has the right idea on free trade.

    I'm almost starting to like him!
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

  2. The Following 2 Users Say Thank You to Chris For This Useful Post:

    Don (06-12-2018),MisterVeritis (06-12-2018)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts