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Thread: Press Conference by President Trump After G7 Summit

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    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 ó

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

    Q How did it go down?

    THE PRESIDENT: And no subsidies. I even said no tariffs. In other words, letís say Canada ó where we have tremendous tariffs ó the United States pays tremendous tariffs on dairy. As an example, 270 percent. Nobody knows that. We pay nothing. We donít want to pay anything. Why should we pay?

    We have to ó ultimately, thatís 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 thatís not fair. So you go tariff-free, you go barrier-free, you go subsidy-free. Thatís the way you learned at the Wharton School of Finance. I mean, that would be the ultimate thing. Now, whether or not that works ó but I did suggest it, and people were ó I guess, they got to go back to the drawing and check it out, right?

    But we canít have ó an example ó where weíre paying ó the United States is paying 270 percent. Just canít have it. And when they send things into us, you donít 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 ó 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 didnít do a good job on trade ó and again, Iím not blaming countries; Iím blaming our people that represented our past. Itís got to change. Itís going to change. I mean, itís not a question of ďI hope it changes.Ē Itís going to change, a hundred percent. And tariffs are going to come way down, because people cannot continue to do that. Weíre like the piggybank that everybody is robbing. And that ends.

    In fact, Larry Kudlow is a great expert on this, and heís a total free trader. But even Larry has seen the ravages of what theyíve 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!
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    I bet the rest of the G7 fell out of their chairs.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    So Trump's tariffs are just a negotiating tactic.
    Alea iacta est

    Check out the blog.


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    Seems it's so.
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    Another article on it, Trump’s G7 Surprise

    ...In what I consider a brilliant move on the part of Trump and his team, instead of initially discussing what tariffs he would increase if x,y and z didn’t happen or if whichever nation wouldn’t reduce tariffs on whatever industry, he simply raised the simple question of why don’t we just not have tariffs at all? It’s brilliant in the sense that it not only shut down all the anticipated arguments, but also placed the world’s leaders in a position of having to awkwardly defend the very idea of tariffs (and subsidies), and they knew they couldn’t really do that. It highlighted the true intentions of the world’s leaders as representatives of the authoritarian nature of almost every existing government in the world today.

    ...What I do enjoy, though, is that all of the world’s major leaders had to essentially admit that they don’t want their people and their economies to be better off. At least not on their own. They want their people and economies to be dependent upon their leadership and their governments. While everyone at the summit knew that the greatest of outcomes would be for all the world’s most powerful nations to exercise free trade, and that this would benefit the entire world in great proportions, that really wasn’t their aim. Their aim was to gain greater power....

    ...It’s a very rare occasion when world leaders have to admit that they care a lot more about their own power than they do about the people they represent. It is exceptionally rare that support for authoritarianism is so brazenly and nakedly on display for all to see....
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    I like this. I've been on the equal tariff position but no tariffs is easier.
    Liberals are a clear and present danger to our freedom and our society and our morals.

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