Posted on 03/04/2025 7:47:25 AM PST by Miami Rebel
“Didn’t Biden void or change it when he got in?”
No. the trade agreement that President Trump signed on July 1, 2020, was passed by an act of Congress. It isn’t subject to tinkering by the executive branch.
If Mexico or Canada were violating it, either (a) there are arbitration provisions for resolving disagreements, or (b) it should never have been enacted.
“Our peaceful trading partners are not our enemies; they are our allies. We should beware of the demagogs who are ready to declare a trade war against our friends—weakening our economy, our national security, and the entire free world—all while cynically waving the American flag. The expansion of the international economy is not a foreign invasion; it is an American triumph, one we worked hard to achieve, and something central to our vision of a peaceful and prosperous world of freedom.”
Guess who said this.
PS: Are you an "Adam Smithian" chump?
Look for food prices to come down around Thanksgiving. As soon as the energy production ramps up all prices will start down.
We are already in a trade war started by Free Traitors™ 30 years ago. We are just now fighting back.
PS: Are you an “Adam Smithian” chump?
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Free Traitors™??? You really trademarked that? Good for you!
(Also, Adam Smith is a bad guy now?)
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Are you just obsessed, or a paid troll?
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You forgot to add that to your immediate prior post and thought it so insightful that you had to make yet another post for that gem?
True. Also, the service industry does not create wealth, it redistributes it.
The way to create wealth is to have something to sell to another country for a profit, thus bringing in more money. That was how we became so rich after WWII. We were the only industrial nation not bombed and wiped out, When the other countries started to rebuild, we were able to produce things they needed which created our wealth.
“Tariffs are only bad if we do it.”
Reading the Dinosaur Media, it is nothing but schizophrenic stories:
“Tariffs on American goods sold to foreigners is bad for Americans!”
“Tariffs on foreign goods sold to Americans is bad for Americans!”
Apparently, tariffs never hurt the citizens of all the countries that have and continue to take advantage of us. At least that has been the theory about to be tested in the real world. Let’s see what happens when our agricultural products are no longer on the shelves feeding their citizens. Regime change, anyone?
Wealth is tangible. There are three ways to create weath: By mining it, growing it or manufacturing it.
“Look for food prices to come down around Thanksgiving.”
Why?
“As soon as the energy production ramps up all prices will start down.”
Energy costs make up between 5-10% of food costs. Energy prices should weaken as US and other economies slow down. But it won’t have a dramatic effect. Moreover, oil production isn’t going anywhere in the short term. That’s not how the industry works.
Adam Smith was a jerk and the first globalist free traitor. Marx was a free traitor too.
I believe the USMCA involves manufactured products, and doesn’t necessarily cover raw materials and agricultural commodities. That’s why the U.S. was imposing tariffs on Canadian softwood lumber almost continuously even after the original NAFTA agreement was signed.
Ronald Reagan first proposed a free trade agreement between the U.S. and Mexico in his 1980 presidential campaign.
Globalist free traitor?
USMCA covers farm products and fuels.
Reagan could not have seen what was to come. He was wrong about that and a lot of other things too.
Pretty much what I am trying to say. Sell your minerals, crop, product to another country and our country gets wealthier. You pay someone to clean your house and a little wealth gets redistributed from you to the person cleaning your house. An individual gets wealthier, but the country as a whole does not gain anything.
Tariffs, Real Yield Watch, Rising Rents
Code for another excuse to gouge no matter how good the economy is few if any prices drop until sales do.
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