President Donald Trump has the Founding Fathers on his side because the Founding Fathers, like Trump, always put America first.
As for a handful of Senate Republicans who oppose Trump’s America-first tariffs on Canada — Sen. Susan Collins of Maine, Sen. Lisa Murkowski of Alaska, and Sens. Mitch McConnell and Rand Paul, both of Kentucky — Paul, at least, may cite his sincerely-held-yet-deeply-flawed-and-unhistorical commitment to libertarian trade principles, whereas the other three have only an acute case of Trump Derangement Syndrome to explain their recalcitrance.
On Wednesday, according to Reason Magazine, those four GOP senators joined Democrats in adopting a resolution designed to cancel the president’s economic emergency declaration and thus prevent him from imposing his desired tariffs on Canada, notwithstanding at least one important signal in recent days that Canadian officials recognized Trump’s strong negotiating position on tariffs.
Republicans in the House of Representatives seem unlikely to concur in the resolution. Even if they did, Trump himself certainly would not sign it.
The measure, therefore, can have no practical effect besides slowing Trump’s tariff-related momentum and engendering intra-party bitterness. Foreigners, of course, love what the four GOP dissidents did, which makes it all the more reprehensible.
…….free trade cannot exist when one party imposes restrictions and the other does not. That is exactly the system Trump is trying to change.
,,,,,,, Trump is trying to bring the GOP kicking and screaming back to its intellectual roots. If only Republican senators would get on board — or at least get out of his way.
In spite of the Canuck MP’s bluster and bullshit, he agreed to cooperate.
For decades we have been funneling our tax dollars to other countries who subsidize their businesses to compete against the US.
The tariff negotiations are working already. Our trading partners have agreed to lower the tariffs they impose on our exports.
The so-called “libertarians” and the Demlibs are pissing themselves over the reciprocal tariffs.
People complain about the trade deficits and trade imbalance, then lose their shit when a president actually does something about it.
There is no such thing as “free trade”. The trade between nations comes with a cost.
Don’t bitch about tariffs and expect America to continue to get get fleeced.
Related post:
https://sfcmac.com/facts-about-the-trade-imbalance-between-the-u-s-and-canada/