World Trade

[Tero]

Where is Trump going with this? Border tax? It's dumped on us consumers.

Meanwhile toilet paper...I mean TPP would have worked as a tool:
Experts certainly differ on many aspects of trade, but it’s clear that our nation’s middle class, the core of Trump’s constituency, gets much of its purchasing power from trade in the form of lower-cost goods. And while lower wages overseas account for the loss of some American jobs, the more systemic cause is the damage to U.S. competitiveness by lax labor standards and laws in other countries. This is precisely the sort of thing that the TPP would correct, making American workers more competitive and giving U.S. industry a level playing field.


http://www.ozy.com/pov/trump-versus-chi ... mpaign=cpc

[Tero]

We already went over the patent angle on another thread, which 42 refused to understand.

Trade partners can be made to respect world wide patents and trade marks. India has a loop hole to ignore drug patents for drugs produced for India markets only.

[Tero]

Reich explains border tax
https://www.facebook.com/RBReich/videos ... 252485066/

[Tero]

No country will sign an America First deal

Trump’s Presidential campaign was fuelled by this popular backlash. In addition to withdrawing from the T.P.P., the new Administration has said it wants to renegotiate nafta, and it has threatened to impose tariffs of as much as thirty-five per cent on Mexican goods if it doesn’t get its way. Such punitive measures could violate the laws of the W.T.O., which might well rule against the United States. If that happened, Trump’s options would range from ignoring the body to “pulling out of the WTO altogether,” the Financial Times noted, in an editorial on Tuesday. “That would bring the architecture of global trade policy for the past 70 years crashing to the ground.”

Obviously, that’s a worst-case scenario. But the T.P.P. decision will have other consequences. Rather than relying on multilateral trade agreements, Trump has said that he will negotiate one-on-one deals with individual countries, beginning, possibly, with the post-Brexit United Kingdom. Just because the United States has turned its back on multilateralism doesn’t mean other countries will follow suit, however. Shortly after Trump signed his executive order on Monday, Australia, New Zealand, and Singapore—three allies of the United States—said that they might go ahead with the T.P.P. without America. Australia’s Prime Minister, Malcolm Turnbull, added that inviting China to join the partnership was also a possibility.

http://www.newyorker.com/news/john-cass ... p_1=553248

[cronus]

Don't need World Trade when a quarter of the worlds productive capacity is in America. With 'Invasion Canada' there is enough food and fuel to keep going a hundred years with minimal off-continent resource issues.

[laklak]

Add in cheap Mexican labor and Fortress Norte Americano is a definite option.


So fuck all y'all furriners.

[JimC]

After conquering Canada, Mexico and the central American states, Trump demands surrender terms from Venezuela, adding "This is my last territorial demand in South America"...

[Strontium Dog]

Free trade is such an overwhelming force for good, and yet the idiots can't see it.

"We used to employ hundreds of thousands of people making cars, and now we don't!"

Yes, that's why cars are better, safer and more affordable nowadays you dumb bastards.

I always say people get the politicians they deserve, and Trump is the absolute apotheosis of that. I hope he impoverishes tens of millions.

[Svartalf]

SchadenFreude is no solution.

[Strontium Dog]

No, but it gives me pleasure, and that's all that really counts.