Comments by "Valen Ron" (@valenrn8657) on "Tariffs will hurt American energy production, jobs: American Petroleum Institute" video.

  1. Skyyy Warppp You're a hypocrite to single out Trump''s reciprocal trade debate when other countries engages in their own "Made In XYZ country" programs https://www.reuters.com/article/us-eu-steel-china/eu-raises-import-duties-on-chinese-steel-angering-beijing-idUSKBN1780VU EU already raises import duties on Chinese steel in 2017. https://www.zerohedge.com/news/2018-03-06/europe-renews-tariffs-chinese-steel-pipes-high-72 European Union Renews Tariffs On Chinese Steel Pipes As High As 72%
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  2. From March 2017, China has higher trade tariffs on US built cars before Trump's response. https://www.nytimes.com/2017/03/20/business/economy/china-us-trade-tariffs.html For example, an American car going to China pays 25% import duty, but a Chinese car coming to the US only pays 2.5%, a tenfold difference — Elon Musk (@elonmusk) March 8, 2018 From Musk's March 8th, 2018, China already has 25 percent import duty on US made cars before Trump's response. ---------- https://theconversation.com/why-china-could-never-sign-on-to-the-trans-pacific-partnership-56361 State-owned enterprises (SOEs) The TPP requires that no subsidies should be provided to an SOE for its international business expansion. The goal: to ensure competition between an SOE and a private enterprise takes place on a level playing field inside the host country. But China’s 150,000 SOEs form the bedrock of the Chinese economy and therefore have certain privileges. About a thousand SOEs are listed in the Shanghai or Shenzhen Stock Exchanges, indicating they are commercial in nature. More than 150 of these are managed by the central SASAC, and the list includes some of the largest companies in the world. The Chinese government assists these SOEs in various ways, including preferential interest rates. Although there have been exceptions under the TPP (for example New Zealand was able to get exemptions for its powerful cooperative Fonterra), it would have been an uphill battle for China to negotiate exemptions for so many of its SOEs engaged in various international operations within TPP member countries. --- CPTPP was designed to be anti-China SOE.
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  3. Tariff.
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  4. Only $2 trillion from $21 trillion.
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  5. Daniel Green https://www.theglobeandmail.com/report-on-business/a-guide-to-understanding-the-dairy-dispute-between-the-us-andcanada/article34802291/ Canada has long maintained a high tariff wall on most dairy products. The duty on milk is 270 per cent. That keeps most imports from the United States and elsewhere out of Canada, while helping to prop up higher domestic prices. One notable exception is ultrafiltered milk and other protein-rich dairy ingredients used to make dairy products such as cheese and yogurt. North American free-trade rules do not cover these ingredients, so they enter Canada duty-free. And in recent years, U.S. dairies have developed a booming business selling these low-cost products to dairies in Canada ($133-million last year). That all changed about a year ago, when Canadian dairy farmers and producers moved to close the breach in the tariff wall with a new "ingredients strategy." They persuaded regulators to create a new lower-priced class of industrial milk as an incentive to get dairies to produce protein substances in Canada, using Canadian milk. The result was predictable: U.S. imports fell in 2016, and are declining sharply so far this year. In 2016, Canada started a trade war against US. Hypocrites from Canada. Canada talks about "Free Trade" while installed a trade protection for it's dairy industry.
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  6. https://www.census.gov/foreign-trade/balance/c1220.html In 2018 and 2017, US has trades goods deficit with Canada. https://www.businessinsider.com/canada-trade-surplus-with-the-us-widens-loonie-rallies-2018-6?r=US&IR=T
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  7. Todd Sauve You are native to think US will give Canada a free pass for installing Canadian trade protection in 2016?
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  8. Martin Decamerone https://www.reuters.com/article/us-eu-steel-china/eu-raises-import-duties-on-chinese-steel-angering-beijing-idUSKBN1780VU EU already raises import duties on Chinese steel in 2017. https://www.zerohedge.com/news/2018-03-06/europe-renews-tariffs-chinese-steel-pipes-high-72 European Union Renews Tariffs On Chinese Steel Pipes As High As 72%
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  9. Reagan Pup There's a reason why USSR's State Owned Enterprises (SOE) that trades with normal goods was trade blocked by the west. http://nationalinterest.org/blog/the-buzz/scary-statistic-chinas-debt-gdp-ratio-reached-257-percent-22824 According to the Bank for International Settlements, China’s debt to GDP ratio reached 257 per cent in 2017, higher than the United States’ 152 per cent China has a bad US debt addiction copy. There's nothing magical about China's rise to power... it's US style debt addiction done badly. https://www.dw.com/en/donald-trump-isnt-the-only-solar-power-protectionist/a-42322107 Donald Trump isn't the only solar power protectionist The United States, the European Union and India are all slapping tariffs on Chinese solar panels, accusing Beijing of dumping US is following EU and India.
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  10. Dazedand Confused How is Russia winning when it's GDP is similar to Australia's GDP?
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  11. Dazedand Confused Trump's 4 of 6 properties with chapter 11 bankruptcies has emerged from chapter 11. Trump has another 36 large scale properties, hence Trump success rate is about 95 percent.
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