Trump Finally Admits To Being Full Of It

[Slartibartfast]

Wow, three whole years -- good for you! Now do 30 more because the 33 years and 1 months at this link (imports & exports w/o services) comes to a total trade deficit with Canada of $1.02 TRILLION. Let's see that much in services to make up for it. https://www.census.gov/foreign-trade/balance/c1220.html

Yeah.. you still have only added the goods up you little rascal.

Once you get a job and stuff, you can improve your love life enormously, go mansize. But for now, all the little tissues on your bedroom floor? Clean them up boy, it is disgusting.

Impress us and do the same with services.

 

[gwb-trading]

Info on service - US / Canada (2011-2015)
https://www.usitc.gov/publications/industry_econ_analysis_332/2017/canada.htm

 

[Slartibartfast]

Info on service - US / Canada (2011-2015)
https://www.usitc.gov/publications/industry_econ_analysis_332/2017/canada.htm

I would not hold your breath (unless in his bedroom) as he will be a while validating the data and checking the Canadian numbers for inconsistency.

I hoped you watched Pi yesterday for Pi day @Poindexter? I did with my girlfriend.

 

[Nine_Ender]

Bullshit. If you go to the above source, the United States has run a trade deficit with Canada every year since 1985. And it's a lot more than "between 1 and 2 percent." Had the TDS afflicted morons at HuffPo taken two minutes to download the spreadsheet at that source and graph it, this is what they would have produced -- but it wouldn't have looked as good as "between 1 and 2 percent."

View attachment 183742

Services are a massive component of the US economy and it's in a large surplus with Canada. This is counterbalanced by our surplus in resources. Spreading fake facts on this ( by Trump and yourself ) does no service for Americans. In fact, slapping major tariffs on Canada is counterproductive and will lead to countermeasures that you will hear about from Americans in those sectors, if Trump continues to follow through on his trade war. You just seem ignorant when you believe all the shit you read and abuse statistics.

I have no exposure to international trade other then indirectly on my investment choices in a limited way. The dishonesty bothers me but I can live with it and a trade war might be somewhat entertaining once some Americans understand it's impact on them. Kind of like US health care premiums, the reality once it arrives tends to confuse those with certain economic beliefs.

 

[AAAintheBeltway]

Canada has essentially a third world economy. It exports raw materials, oil and grain. It manufactures nothing, except for some airplanes that are no doubt heavily subsidized and snow machines. A trade war with the US would devastate the canadian economy, while the US would barely feel it. Anything we get from Canada we can make, grow or extract ourselves.

 

[gwb-trading]

Canada has essentially a third world economy. It exports raw materials, oil and grain. It manufactures nothing, except for some airplanes that are no doubt heavily subsidized and snow machines. A trade war with the US would devastate the canadian economy, while the US would barely feel it. Anything we get from Canada we can make, grow or extract ourselves.

That is the harsh reality of the situation. Without a large market for raw goods, Canada is effectively doomed. Without services being offered by companies in the U.S. and cross-border workers - Canada tanks immediately. Without tie-ins to U.S. financial infrastructure, Canada's large 6 banks go under within two months.

Let Canada go whine about the U.S. trade policies and mouth the words "trade war" all they want --- within a few months, reality with hit them and they will toe the line.

 

[Nine_Ender]

Canada has essentially a third world economy. It exports raw materials, oil and grain. It manufactures nothing, except for some airplanes that are no doubt heavily subsidized and snow machines. A trade war with the US would devastate the canadian economy, while the US would barely feel it. Anything we get from Canada we can make, grow or extract ourselves.

Speaking of ignorant, you chime in. Everything you say here is blatantly false, but I have no doubt you believe it. The fact you've somehow heard about Bombardier one of the most mediocre Canadian companies puts you in the same class as the bozo on here who thinks maple syrup is an important aspect of our economy. A trade war with Canada would deeply impact the US. In fact, numerous experts on this topic, not Canadians, have said the US would be impacted in a more negative way then Canada in such a war. A US recession is an almost certainty in most trade war scenarios.

 

[Nine_Ender]

That is the harsh reality of the situation. Without a large market for raw goods, Canada is effectively doomed. Without services being offered by companies in the U.S. and cross-border workers - Canada tanks immediately. Without tie-ins to U.S. financial infrastructure, Canada's large 6 banks go under within two months.

Let Canada go whine about the U.S. trade policies and mouth the words "trade war" all they want --- within a few months, reality with hit them and they will toe the line.

Total utter bs. You are a tool. The bank stuff is ridiculous, you really are clueless. Quite seriously, you try to put out an intellectual vibe but in the end you are just ignorant and believe every fake news source that supports your absurd views on the world.

Canada has a message for you and Trump. Fuck off. No whining necessary, we leave that to Americans like you online. Apparently 2008 didn't teach you a thing about your economy and the changing world map.

 

[gwb-trading]

Speaking of ignorant, you chime in. Everything you say here is blatantly false, but I have no doubt you believe it. The fact you've somehow heard about Bombardier one of the most mediocre Canadian companies puts you in the same class as the bozo on here who thinks maple syrup is an important aspect of our economy. A trade war with Canada would deeply impact the US. In fact, numerous experts on this topic, not Canadians, have said the US would be impacted in a more negative way then Canada in such a war. A US recession is an almost certainty in most trade war scenarios.

Bombardier Aerospace is heavily subsidized by the Canadian government. The company is heavily tied into Airbus - which has lead Boeing to file unfair trade practice complaints (all which have been upheld).

The Canadian media may amuse themselves with claims that "trade war" will impact the U.S. worse than Canada - any reasonable person knows that the opposite is true.

 

[Nine_Ender]

Bombardier Aerospace is heavily subsidized by the Canadian government. The company is heavily tied into Airbus - which has lead Boeing to file unfair trade practice complaints (all which have been upheld).

The Canadian media may amuse themselves with claims that "trade war" will impact the U.S. worse than Canada - any reasonable person knows that the opposite is true.

You are not a reasonable person, you are basically a troll in nature. Bombardier is one of the most mediocre companies in Canada, it's a family run business that would have gone bankrupt without subsidies ( reminds me of most Trump businesses ). However, Trump feared them enough to slap a 300% tariff on their planes. The tie in with Airbus is very recent, a direct response to the tariffs. The tariffs were actually declared unfair by international agencies. Many sources also contend that Boeing had been heavily subsidized when it was building.

It's not the Canadian media declaring a "trade war" will impact the US. The main voices in that discussion are American industry leaders, state and city government officials, American trade related industry groups, and the Canadian equivalents. All the media does is report on that reality.