Trump made up trade claims in meeting with Trudeau

(THIS ARTICLE IS COURTESY OF CNN)

(HOW CAN ANYONE EVER TRUST A PRESIDENT WHO FREELY LIES TO OUR CLOSEST ALLIES AND HOW DO WE THE PEOPLE EVER TRUST A PRESIDENT WHO GOES TO SUMMITS WITH OTHER NATIONS LEADERS TOTALLY AND COMPLETELY UNPREPARED?)(Commentary by OldPoet56)

Trump says he made up trade claims in meeting with Trudeau

Washington (CNN)President Donald Trump boasted at a private fundraiser Wednesday of making up trade claims during a meeting with Canadian Prime Minister Justin Trudeau before knowing whether they were true.

“Trudeau came to see me. He’s a good guy, Justin. He said, ‘No, no, we have no trade deficit with you, we have none. Donald, please,'” Trump said during a speech to donors in Missouri, according to audio obtained by The Washington Post and confirmed to CNN by an attendee. “Nice guy, good-looking guy, comes in — ‘Donald, we have no trade deficit.’ He’s very proud because everybody else, you know, we’re getting killed.”
He continued: “I said, ‘Wrong, Justin, you do.’ I didn’t even know. … I had no idea. I just said, ‘You’re wrong,'” Trump recalled. “You know why? Because we’re so stupid. … And I thought they were smart. I said, ‘You’re wrong, Justin.’ He said, ‘Nope, we have no trade deficit.’ I said, ‘Well, in that case, I feel differently,’ I said, ‘but I don’t believe it.'”
Trump said he asked an aide to check if he was correct in telling Trudeau the US runs a trade deficit with Canada.
“I sent one of our guys out, his guy, my guy, they went out, I said, ‘Check, because I can’t believe it,'” Trump said.
“‘Well, sir, you’re actually right. We have no deficit, but that doesn’t include energy and timber. … And when you do, we lose $17 billion a year.’ It’s incredible.”
According to figures provided by the Commerce Department, the US ran a $2.77 billion surplus with Canada for 2017. That figure includes oil and timber. It’s unclear what Trump was referring to with the $17 billion figure.
Trump doubled down on his claim Thursday morning.
“We do have a Trade Deficit with Canada, as we do with almost all countries (some of them massive). P.M. Justin Trudeau of Canada, a very good guy, doesn’t like saying that Canada has a Surplus vs. the U.S.(negotiating), but they do…they almost all do…and that’s how I know!” he tweeted.
Trump has similarly boasted about pressing Trudeau about the US’s supposed trade imbalance with Canada before, most recently at a December rally in Pensacola, Florida. But he didn’t include the “I didn’t even know” reference, and it’s unclear whether it was an admission that he made up the claim.
Trump’s comments came during a half-hour speech to raise money for Republican Senate candidate Josh Hawley, who’s challenging Missouri Democratic Sen. Claire McCaskill.
During the fundraiser, Trump also called the North American Free Trade Agreement a disaster and blamed the World Trade Organization for allowing other nations to box in the US on trade.
The President mocked other politicians for supporting NAFTA, attacking Mexico as “spoiled” and arguing that Canada had outsmarted the US, the Post reported.

Donald ‘FAKE NEWS’ Trump Blasted By Hamilton Mayor Over His NAFTA Tweets

(THIS ARTICLE IS COURTESY OF CBC NEWS)

 

Hamilton’s mayor fires back at Trump over NAFTA tweets

CBC News Posted: Aug 27, 2017 2:35 PM ET Last Updated: Aug 27, 2017 2:37 PM ET

U.S. President Donald Trump arrives at a campaign rally in Phoenix, Arizona, on Aug, 22.

U.S. President Donald Trump arrives at a campaign rally in Phoenix, Arizona, on Aug, 22. (Joshua Roberts/Reuters)

Hamilton Mayor Fred Eisenberger took to Twitter Sunday to call out U.S. President Donald Trump’s tweet saying he may have to terminate NAFTA after both Canada and Mexico were “being very difficult.”

We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada.Both being very difficult,may have to terminate?

The only thing that needs to be terminated is your presidency. Save yourself and your country. Resign and you will be popular everywhere. https://twitter.com/realDonaldTrump/status/901804388649500672 

“The only thing that needs to be terminated is your presidency,” Eisenberger wrote. “Save yourself and your country. Resign and you will be popular everywhere.”

During a campaign rally on Tuesday, in Phoenix, Ariz., Trump said he didn’t think the U.S. could make a deal, and would end up “probably terminating NAFTA at some point, probably.”

The U.S. negotiator who worked on the original North American Free Trade Agreement says that despite Trump’s suggestions, he will not likely terminate the deal anytime soon.

Fre Eisenberger

Mayor Fred Eisenberger took issue with one of U.S. President Donald Trump’s tweets today. (Adam Carter/CBC)

Ambassador Carla Hills was George H.W. Bush’s trade representative presiding over the initial talks in the early 90’s. She told CBC News Network’s Power & Politics she has been assured by people close to Trump that his threat was actually referring to a mechanism that could be enacted five years from now, after an assessment had been made into whether all three parties had met their commitments.

“Let’s hope that’s what he intended,” she told host Rosemary Barton. “It’s a better interpretation than an ending of the agreement when our economies are so closely linked and we have so many jobs that are dependent.”

Windsor Mayor Drew Dilkens similarly responded to trump on Twitter, saying, “35 of 50 States call Canada their # 1 customer. I look forward to hearing the position of elected officials from those states.”

Remittances to Mexico jump by most in 10 years after Trump win

(THIS ARTICLE IS COURTESY OF REUTERS NEWS AGENCY)

Remittances to Mexico jump by most in 10 years after Trump win

Remittances to Mexico posted their biggest jump in over ten years in November in a possible reaction to the U.S. election victory of Donald Trump, who threatened to block the transfers and eroded confidence in the peso currency during the campaign.

Mexicans abroad sent home nearly $2.4 billion in transfers in November, 24.7 percent higher than a year earlier, marking their fastest pace of expansion since March 2006, according to Mexican central bank data on Monday.

President-elect Trump ran a campaign steeped in anti-Mexican rhetoric and threatened to halt transfers from Mexican nationals unless Mexico agreed to pay for the massive wall he has vowed to build on the U.S. southern border to keep out illegal immigrants.

Trump’s surprise Nov. 8 election triumph also sent the Mexican currency to record lows in a sell-off fueled by his threats to scrap a trade deal between Mexico and the United States, and to levy punitive tariffs on Mexican-made goods.

Goldman Sachs economist Alberto Ramos said in a client note the weak peso fanned the remittance surge, noting workers could be “strategically front-loading” transfers to avoid potential taxes or restrictions from the incoming U.S. administration.

The value of the remittances considerably exceeds that of Mexico’s oil exports, Ramos noted.

The payments from Mexicans living in the United States are a key source of income for many families in Mexico, where around half the population lives in poverty.

Bank BBVA Bancomer has forecast that those Mexicans will have sent a record $27 billion in remittances into Mexico in 2016, an increase of more than $2 billion over 2015.

Mexico’s central bank governor Agustin Carstens said last month that a rise in remittances was due to a weak exchange rate, more U.S. jobs and fears over Trump’s policies.

Mexico’s government said in November that it is ready to lobby the U.S. Congress and use all legal means possible to stop Trump blocking remittances.

(Reporting by Alexandra Alper, editing by W Simon)

American Jobs, Wal-Mart And China

 

American Jobs – Wal-Mart – China

As you probably know that in the media we’re hearing advertisements more and more about made in America products where companies and people pushing the made in the USA slogan. Yet still do you remember that the uniforms for our Olympic athletes were originally made in China instead of America? Eventually the fuss was made loud enough that new uniforms were made for them, here in America. There are companies here in America starving for orders (work) yet so many American corporations that are global conglomerates who will analyze everything down to the penny, and if they can literally save a few pennies on an order by having it made in China will not use the American workers, they instead buy products that are of no quality at all somewhere else, usually in China or India. By now do we Americans not know the level of trash for quality we get when we buy products made in China? Yet the big box stores (corporations) seem to only carry these garbage products at maximum prices. I know that a lot of people are just like me, we go into a store, like your local Wal-Mart and it seems that if you are going to buy anything there you are going to buy foreign-made products, not made in America products. I am a partly disabled Army vet who a couple of times year goes to the VA hospital in Johnson City TN. Even there it is most common if you are going to buy something like a hat or a shirt in their store and you check the tag to see where it was made the answer is usually China. It is frustrating to pick up a hat for example that says something like US Army veteran and have the tag say made in China. Our government is in my opinion traitors to the American workforce in other areas, even ones that are of the utmost importance of having quality like on American fighter jets. Just a few weeks ago on the news the American Secretary of Defense was defending his decision to order parts for Americas new F-34 fighter jets from China because they could get them cheaper there. These were unimportant parts I guess, they were only for the instrument panels and the landing gear.

Okay, now I am going to get more in focus on the title of this article, American jobs. I spent most of my adult life setting behind the wheel of a semi truck  crossing our country hundred of times. One of the things you notice when you are out there is how small town America is dying. Now I am not going to put all the blame on the huge corporations, we the people have some fault in our country’s demise, that is because if we refused to buy products unless they are made in America the corporations would have to buy from America. Every once in a while you will see billboards telling their population to buy from the local companies first because this is what stimulates their local workforce creating local jobs. This basic truth is the same on a national level, if we want to have jobs in this country, then buy only the products that are made here in the states first. A couple of months ago I wrote an article here on this blog titled (Wal-Mart grew through deceit, fraud, and lies) if you have a little time please check it out. If you are old enough you may remember how Wal-Mart used to always advertise how they only bought made in the USA products, that used to even be on the back door of the trailers for everyone to see out on America’s highways. Problem is, they were lying to all of us for the purpose of getting us to shop there and thus help the American workforce. I know very well that I was not the only driver who hauled loads from the shipping docks that we took to the Wal-Mart distribution centers around the country. It was a very common thing to be backed up to a loading dock to pick up a load going to them and the load would be staged there on the dock ready to go, but there was one hold up, we would end up having to wait for several hours while the dock workers changed all of the labeling from wherever it came from to tags saying made in the USA. Friends, to me that is lying, fraud and deceit, what do you think it should be called if not that?

Many years ago I hauled loads from the upper Midwest that were the guts of factories. These were cases where companies were closing up shop in places like Minnesota and Iowa and were moving their operations to states like Texas. The reasons were simple, cheaper labor cost. This was a way to eliminate the unions by moving to so-called Right To Work states. This term, in these states, in my opinion should be called the Right To Work Your Ass Off For As Little Pay And No Benefits As Possible Under The Law. Then came the NAFTA agreement under Bill Clinton’s watch. What it really did was to create jobs south of our border. Companies quit stopping at the Rio Grande River, they simply crossed it to a land with hardly any environmental laws and to countries with no minimum wage factors or unions. I guess that for a lot of the huge companies that wasn’t enough of  savings when they found out that in China and other countries in Southeast Asia you can get slave labor and child labor for wages like a dollar a day. There is one thing now that I want to bring to your attention, have you noticed that a company can close its factory in America because they say they can’t compete on the global market and they move their operations to a place like China so that their costs are lower. But have you noticed that the price of their products never go down any with their new savings? Companies want you to buy their new no quality products but don’t seem to notice that unemployed people have very small budgets.

The reason I am picking on Wal-Mart here in this article is mainly because they’re the biggest offender of this, what I call treason, toward the American people. Wal-Mart has had three large ships made recently, and I do mean large. The three ships are each larger than an American Aircraft Carrier, they each can carry a payload of thousands of semi trailer size containers. The three ships cost Wal-Mart almost five hundred million dollars. You read that correctly, almost half a billion dollars. This is a savvy move for them though, now they are able to save a lot of money on every trip from China to the west coast of America. Why did I word it that way, here is the simple answer, all three of these ships are too huge to be able to get through either the Suez or the Panama Canals. This makes it plain, they are meant for the purpose of hauling the cheapest possible Chinese products to their American stores. Just think about this issue for a moment please. On just one load on one ship, if those products were made here in the States, how many American jobs were lost on just one load? The Walton kids who own the company are all multi billionaires, yet do you see how little they give a damn about the people in this country that they want to sell this cheaply made no quality junk to?

If we the people want to have jobs then we as a people MUST avoid buying non made in America products. If our country had a real two or three percent unemployment rate my attitude would be different. By no means am I anti Chinese people, their government like our own seems to be extremely corrupt, I against all realistic hope, wish all people and governments were kind, honest, loving and fair, but I know that is just a fantasy, not reality. A person might think that I do not care about the working class people in places like China, but that is not the truth. I care a lot about their people, I wish them no harm. It is their government that needs the most changing I think, they have about 1.2 Billion people in their country. Their government should care about their own population first. There are many millions of people in their country who are living in hand to mouth squalor. If their country would turn inward first and build factories and create jobs and products for their goods it would help bring hundreds of millions of people into a more middle class urban level of living. This in turn brings in more tax revenue from within for their government so that they would not have to focus much on obtaining foreign currency. Once they do this then their own people will demand better quality products to be made. This would then help increase the quality of the products that they export so then people would quit calling their products garbage. I appreciate you taking of your time to read the post, I appreciate you, thank you.

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