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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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pak73
To: TobagoJack who wrote (140235)3/25/2018 11:40:48 PM
From: louel1 Recommendation  Read Replies (2) of 217688
 
(it became clear from the outrage from Europe, Canada, )

Canada does not play so nice. And have been told straight out. If they are not willing negotiate fair & reciprocal trade, be a bit more flexible on NAFTA. Steel Tariff exemption is only temporary, till Nafta concludes one way or another.
That was stated by a US trade advisor in an interview on Canadian CBC television last week. Canada is the major supplier of steel and Aluminum to the US.

There is much concern by some politicians at the moment as to where the flexibility will be.

US Dairy, Poultry and also cellular industries in Canada to name three have been protected from foreign competition. Grains are another area. Canada would like duty free access to US markets for softwood lumber. But US mills cannot market their product north of the border. If they wish to exploit the Canuck market they buy a mill in the country like Louisiana Pacific or Weyco.

Below is a list of some areas affected. Not a complete list. Ever since the early 80's Canadian governments have played Dog in the Manger. And have deliberately manipulated the dollar lower to gain advantage in US markets. That goes for many other countries also. It is an unfair trade practice. Little wonder the US has such a large debt. It subsidizes the rest of the world. No one can justly blame the US for trying to balance the deficit in trade.

Like people or businesses. A country cannot continually live by accumulating debt forever. Inevitably sooner or later it will collapse. If and when the US was to default it would affect the whole worlds finances more seriously than at any previous time . Including the crash of 1929.

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