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timelets ([personal profile] timelets) wrote2018-12-27 12:39 pm
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Fucking moron(tm), the international trade edition

The лживое хуйло imposed metal tariffs on Canada, using Section 232 (National security emergency!) pretext:

https://www.wsj.com/articles/trumps-broken-nafta-promise-11545870369

When President Trump signed his new Nafta accord last month with the leaders of Mexico and Canada, Prime Minister Justin Trudeau almost didn’t show up. The reason: Mr. Trump still hasn’t lifted the steel and aluminum tariffs as he promised he’d do if America’s two neighbors signed a revised trade deal.

A month later they’re still waiting. The delay is damaging the U.S. economy and America’s credibility as a trading partner. Though Mr. Trump likes to use tariff threats as a negotiating tactic, his Administration also promised relief from the levies he imposed under Section 232 of U.S. trade law.

In July U.S. Trade Representative Robert Lighthizer told a Senate hearing that “resolving the NAFTA issue—we would expect, or hope, that we would resolve the steel and the aluminum issues with both Mexico and Canada.”

Last March no less than the President himself tweeted that “tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed.”