Trump hints at retaliation at 'very unfair' EU trade policies
20 replies, posted
[QUOTE]LONDON (Reuters) - U.S. President Donald Trump has threatened to confront the European Union over what he calls “very unfair” trade policy toward the United States.
Trump has demanded tougher enforcement of trade rules and last week signed into law 30 percent tariffs on imported solar panels, among the first unilateral trade restrictions made by the administration as part of a broader protectionist agenda.
“I’ve had a lot of problems with European Union, and it may morph into something very big from that standpoint, from a trade standpoint,” Trump said in an interview with the British broadcaster ITV to be broadcast later on Sunday.
”We cannot get our product in. It’s very, very tough. And yet they send their product to us - no taxes, very little taxes. It’s very unfair.
“They’re not the only one, by the way. I could name many countries and places that do. But the European Union has been very, very unfair to the United States. And I think it will turn out to be very much to their detriment.”[/QUOTE]
[URL="https://www.reuters.com/article/us-usa-trump-trade/trump-hints-at-retaliation-at-very-unfair-eu-trade-policies-idUSKBN1FH0WI?utm_campaign=trueAnthem%3A+Trending+Content&utm_content=5a6e33f804d3010b89994125&utm_medium=trueAnthem&utm_source=facebook"]Reuters.[/URL]
Jesus, those quotes.
I still can't believe the USA went from Obama to someone who constantly sounds like he's bullshitting his way through a presentation he didn't prepare for.
ah yes
fairness
the unwritten law of the business world
[quote]We cannot get our product in.[/quote]
Because your product is shit. US QC is WAY less strict than ours you fucking moron.
Someone to keep a 'very' tracker for him, it seems to be his favorite adverb.
[QUOTE=BuffaloBill;53089681]Because your product is shit. US QC is WAY less strict than ours you fucking moron.[/QUOTE]
both of that are not even true. Our exports tend to align with european standards, everybody really is going towards ISO9100 standards which require strict QC
where I work, we supply a substantial amount of european manufacturing and have all the requisite QC standards
basically Trump is talking out his ass
Is it really a surprise that Trump doesn't like the EU? Nigel Farage helped him get elected...
[QUOTE=Sableye;53089699]both of that are not even true. Our exports tend to align with european standards, everybody really is going towards ISO91000 standards which require strict QC
where I work, we supply a substantial amount of european manufacturing and have all the requisite QC standards
basically Trump is talking out his ass[/QUOTE]
Still, Trump would rather turn the US into a stagnant island than bother investing in making anything that other countries would go to the US for.
[QUOTE=BuffaloBill;53089681]Because your product is shit. US QC is WAY less strict than ours you fucking moron.[/QUOTE]
I've had someone I knew who work in a international company state that the Chinese actually do better QC as long as you have a guy or two providing oversight regularly and when least expected.
Meanwhile in the test facility (as in a facility they rented to test if production was viable directly in the US) were constantly having problems, even with permanently stationed people responsible for QC.
So if Mr. former reality TV star wants more money for the federal coffers, maybe closing all those tax loopholes he most likely have utilized himself might be a much better idea?
[QUOTE=BuffaloBill;53089681]Because your product is shit. US QC is WAY less strict than ours you fucking moron.[/QUOTE]
It's not that Euro standards are strict
[I][U]its that Euro standards exist in the first place[/U][/I]
Maybe he should agree some kind of Transatlantic Trade and Investment Partnership with the EU to solve these issues
[QUOTE=Sableye;53089699]both of that are not even true. Our exports tend to align with european standards, everybody really is going towards ISO9100 standards which require strict QC
where I work, we supply a substantial amount of european manufacturing and have all the requisite QC standards
basically Trump is talking out his ass[/QUOTE]
Also have to remember that "product" also applies to food exports, a lot of Europe wont buy US foodstuffs because we outright ban some of the shit that gets put into American foods.
Also the QA in the US does suck ass, I've had to return so much shit produced in the US because its either defective or [I]missing components[/I], its not even funny. It might not be the case for where you work but its the rather majority of the consumer products that I've used, which were produced in the US, lacked clear QA as the shit should never have made it out of the production line.
Doesn't help one was part of a fucking security system and it lacked the damn sensors, packaging had the slots for the fuckers but they were just outright missing from the box, and this was a sealed unit, from the factory.
Meanwhile the next system we ordered from Germany came in with everything and it even [I]worked.[/I]
As said can't say for manufacturing exports but consumer products produced in the US are shit, never mind expensive and forced through the shitty couriers that everyone apparently loves over there.
Two places I've worked at now refuse to use UPS and I myself outright refuse to use them, been shafted far too many times and FedEx isn't any better.
he just fucking placed a tariff on canadian lumber because it was "lower quality"
again, is he senile?
I'm not surprised, EU basically acts as both a monopoly and a monopsony of the marketplace.
[quote]U.S. goods and services trade with the EU totaled nearly $1.1 trillion in 2016. Exports totaled $501 billion; Imports totaled $592 billion. The U.S. goods and services trade deficit with the EU was $92 billion in 2016.
The United States had $686 billion in total (two ways) goods trade with the European Union during 2016, its largest Goods trade partner. Goods exports totaled $270 billion; Goods imports totaled $416 billion. The U.S. goods trade deficit with the EU was $147 billion in 2016.
Trade in services with the EU (exports and imports) totaled an estimated $407 billion in 2016. Services exports were $231 billion; Services imports were $176 billion. The U.S. services trade surplus with the EU was $55 billion in 2016.
According to the Department of Commerce, U.S. exports of Goods and Services to the EU supported an estimated 2.6 million in jobs in 2015 (latest data available) (1.2 million supported by goods exports and 1.4 million supported by services).
Trade Balance
The U.S. goods trade deficit with the EU was $146.8 billion in 2016, a 5.7% decrease ($8.9 billion) over 2015 The U.S. goods trade deficit with the EU accounted for 22.8% of the overall U.S. goods trade deficit in 2016.
The United States has a services trade surplus of $54.8 billion with the EU in 2016, up 0.8% from 2015.
[/quote]
[url]https://ustr.gov/countries-regions/europe-middle-east/europe/european-union[/url]
""unfair"" even by his bullshit focus on trade deficits we're almost even.
I'm not even worried about Trump's policy statements at this point. It's become pretty clear that he and the Republican party lack the competence to pass a single bill so it just appears that we'll have a lame duck presidency/congress despite the fact that the republicans controll [B]every branch of government right now[/B]. How's that for incompetence?
[QUOTE=proboardslol;53090090]I'm not even worried about Trump's policy statements at this point. It's become pretty clear that he and the Republican party lack the competence to pass a single bill so it just appears that we'll have a lame duck presidency/congress despite the fact that the republicans controll [B]every branch of government right now[/B]. How's that for incompetence?[/QUOTE]
ya but he can act unilatterally on trade and since the senate is such a waffely clusterfuck they will not check his decisions.
[QUOTE=Untouch;53089896]he just fucking placed a tariff on canadian lumber because it was "lower quality"
again, is he senile?[/QUOTE]
IIRC, wasn't it retaliation for the Canadians resisting the US Dairy industry dumping a fuck ton of extra stocks of milk into Canadian markets and screwing over local dairies with their cheap milk from cows that have been pumped with antibiotics?
[QUOTE=Boilrig;53089963]I'm not surprised, EU basically acts as both a monopoly and a monopsony of the marketplace.[/QUOTE]
Of what marketplace?
[QUOTE=Boilrig;53089963]I'm not surprised, EU basically acts as both a monopoly and a monopsony of the marketplace.[/QUOTE]
What are you takling about? How is the EU a monopoly, it's a regulatory body... Also, accidentally rated your post with a star, really didn't mean too.
[QUOTE=proboardslol;53090090]I'm not even worried about Trump's policy statements at this point. It's become pretty clear that he and the Republican party lack the competence to pass a single bill so it just appears that we'll have a lame duck presidency/congress despite the fact that the republicans controll [B]every branch of government right now[/B]. How's that for incompetence?[/QUOTE]
Honestly it's more about the GOP not being a hivemind. Not all GOP members have the exact same stance on every policy. The GOP often splits between the ultra-conservative Christians, the pro-[corporate]businessmen, and the borderline sovereign citizen white supremacists. Not all of them have the same stance on the same issues.
This goes true for the Democrats as well.
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