Reciprocal Fair Trade or Fictional Figures to Bust Supply Chains Again
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Trump says they charge us we charge them Reciprocal tariffs and we're gonna be nice about this.
Why is he being so nice to them?
I mean if they're charging a 67% charge them 67% And say let's take it to zero right if he wants free trade or whatever If he wants open markets It sounds fair, but that's really not what he's doing He says they were listen what he says about NAFTA.
He says they were wrong about NAFTA They were wrong about China.
They were wrong about the Trans-Pacific Partnership.
In my first term, they said tariffs would crash the economy.
Okay, well, USMCA was just a rebranding of NAFTA.
There really was no substantive change at all in that.
It was like renaming the Gulf of Mexico the Gulf of America.
He renamed NAFTA USMCA, and he cheered it.
He talked about it being some great accomplishment.
I said at the time, I said, it's no great accomplishment.
And it's not any freer, and it's got thousands of pages of regulations in it, which means that it's not free trade.
So it wasn't free trade, but it was like NAFTA, which he's now criticizing.
You see, this is how phony this stuff always is.
And when he says, well, they said that tariffs would crash the economy, and it didn't, is that he crashed the economy with his lockdown.
He broke the supply chains with his lockdown.
He didn't Crash the economy with the tariffs or break the supply chains with that.
He did it with the UN World Economic Forum agreed upon lockdown where he was in lockstep with people like Trudeau and many others who supposedly are diametrically opposite of him, right?
You know, Biden and Trump, same policy on lockdown.
But they're supposed to be polar opposites.
Trump and Trudeau, same policy on lockdown, but they're supposed to be opposites.
But you know, the other thing is that Trump said that the terrorists would bring back manufacturing.
He said that in his first term.
That didn't happen either.
So his terrorists didn't crash the economy, but they didn't bring back manufacturing.
And his lockdown didn't help anything.
It harmed everything.
So let's go to what his press secretary has to say.
Love it.
And she talks about how unfair trade are in other countries with a tariff comparison.
Look at the unfair trade practices that we have.
50% from the European Union on American dairy.
You have a 700% tariff from Japan on American rice.
You have a 100% tariff from India on American agricultural products.
You have nearly a 300% tariff from Canada on American butter and American cheese.
This makes it virtually impossible for American products to be imported into these markets.
It has put a lot of Americans out of business and out of work over the past several decades so it's time for reciprocity and it's time for a president to take historic change to do what's right for the American people and that's going to take place.
That's one of the most cynical lies I've ever seen a press secretary do.
Cherry-picking.
Wait a minute.
You just said a 700% tariff from Japan and yet on your chart You got exactly the opposite.
On your chart, you say that Japan is charging us 46%, so we're going to charge them 23%, right?
You say the EU is charging us 39%, so we're going to take that down to half of that.
India, okay, 52% they say is a tariff from India.
So if the EU She cherry picks one thing.
Dairy. Dairy they charge us 50%.
Now, Japan is charging us 46% according to their chart that they put out.
But she says it's 700%.
Ah, but that's on rice.
India is charging us 52%.
But then they say, well, no, India is charging us 100% on American agriculture.
You see what's happening here?
We're comparing apples to oranges.
They've got some kind of aggregated average.
They actually call it trade-weighted average, but I don't know how they weighted it.
I don't know where they come up with this information.
When she is as dishonest as this, then I don't trust any of their numbers, quite frankly.
All this is a PR thing.
Look at how much they're charging us and we're only going to charge them half.
And then she comes out and she kind of jumps the shark by showing people that, first of all, what they did was they targeted specific things.
Japan doesn't want to buy any foreign rice.
They don't want foreign rice coming into their country.
So they charge 700% tariff on it.
Make sure that doesn't happen.
They are protecting one specific thing.
Rice. Now, It may be that, you know, if you want to sell them a widget, there might be 0% tariff on a widget, but there's 700% tariff on rice.
And what happens when Trump goes up to 20-something percent on Japan?
Well, then they're going to put a 20-something percent tariff on widgets and you're going to sell fewer widgets.
But they're still not going to buy your rice.
There's no way they're going to buy your ice.
And this is what we're seeing over and over again.
Dairy or Canada with a 300% tariff on cheese.
Why didn't Trump negotiate that better when he did the USMCA?
Trump, you let them get away with charging a 300% tariff on cheese?
What are you, some kind of a sucker?
I mean, come on!
You got had on that.
A 300% tariff on cheese and you didn't do anything about that.
So this is like the numbers that we got for the pandemic.
They're making up the numbers.
They're doing it for their trade war.
Just like they did for their pandemic war.
Because the government always lies to you.
Especially if they give you a number.
Don't ever trust any number that comes from the government.
It's always a lie.
So we don't know this is some kind of an Aggregate, weighted, average, no details about where these numbers come up with.
So I don't trust them at all, number one.
Number two, as I said from the very beginning, when you do tariffs, the way Jefferson did it was he reduced the size of government and he just used tariffs to fund the government, the federal government.
It was small.
And it funded the government.
It's just, okay, it's a tax.
We're going to, you know, pick a form of taxation.
That's the form of taxation that they picked.
But the key was that it was small.
It was negligible.
And then when you get to the latter part of the 1800s, they started particularly trying to protect certain industries.
Instead of rice, it was steel or things like that.
And so they were focused, they were targeted tariffs to protect a particular product or industry that was making that.
They want that made domestically because you want to have, and this is why they're doing this in a lot of, it's a lot of lobbying that's going on, but initially there's things like, well, we got to have steel because we don't want to be dependent on foreign countries.
We want to be able to defend ourselves.
So we need to be able to manufacture our own steel.
We want to be able to build our infrastructure.
So we want to be able to do our own steel.
So let's have a vibrant domestic industry.
We'll protect it from competition.
That's the theory behind all that.
Or the high protective tariffs on food have been in the past because governments wanted to make sure that they had self-sufficiency when it came to food.
And now they don't.
Now you've got, in the European Union, places like Netherlands, all of them actually, because this climate change, that's a suicide pact.
Paris Climate Accord is a suicide pack and as part of the suicide pack they want to starve their population and So they're not protecting the farmers anymore in the UK the Labour Party is trying to destroy farms They want to all the food to come from a lab that's owned by Bill Gates or his ilk So that's the second thing first of all the numbers are phony There's some kind of weighted average of things and when they sell this they talk about Targeted
tariffs on individual products.
Thirdly, like I said, this 300% tariff on cheese shows that it was not free trade, that it was managed trade, and it shows that Trump got managed by the Canadians, if you want to look at it that way.
That's something they should be embarrassed about, not angry about.
Look at this!
Well, you negotiated that in your first term.
And fourthly, You've got people defending this.
I've seen the Trump cheerleaders, the Trump sucker proxies in the media.
It's like a war!
You know?
It's like, it's T-Day, one person put out, put this long thing, and said, comparing it to D-Day.
Oh, we've landed on the shores, we're taking, it's gonna take a lot of hits and so forth, but it's war, and we gotta do it.
All of this warlike talk, because it is a war.
It's going to be a trade war.
And it may be a prelude to a real war, because that's how real wars start.
Real wars frequently start with trade wars, with sanctions, which are sieges, if you will.
What terrorists are other countries charging on U.S. goods?
Now, here again are some real numbers.
I say these are real numbers because they're coming from an independent third party that is looking at these numbers.
It's coming from the World Trade Organization, which, again, I know it's a globalist organization.
But when you look at these numbers, they're going to say, as I said before, Japan, oh, charging us 46 percent, but then she says 700 percent on Rice.
So what is the real number?
How did they average this out?
I mean, did they use median?
Did they use averages?
Did they weight this in some way or the other?
Here's the bottom line.
U.S. tariffs or average U.S. tariff is weighted to reflect goods that are actually traded.
So that's part of what they mean by the weighted.
U.S. tariffs are less than other countries.
We charge 2.2% for the weighted tariffs.
Wait a minute.
You know, we get to this, and then you have the European Union, 2.7%.
Yeah, not the, what was it, 40% or something like that that he had, 40-something percent.
Instead of it being 40% that's on his chart, the World Trade Organization has said it was 2.7%.
China, 3%.
And again, there's exceptions because of individual things that they target, like rice with Japan, but Trump is putting this together as an aggregate, excuse me, an aggregate for the entire country.
And what they're saying is, is an aggregate for the entire country.
China is at 3%.
We're 2.2%.
India is at 12%.
They're an outlier there.
Other countries also tend to do more than the U.S. to protect their farmers with high tariffs.
The U.S. trade-weighted tariff on farm goods is 4% compared to the EU's 8.4%.
Or Japan's 12.6%, or China's 13.1%, or India's 65%.
65%. So again, when you talk about that 700% tariff at Japan, that is, you know, their weighted average for all agricultural products is 12.6%, but for rice, 700%.
So what the press secretary in the Trump administration was doing was a cherry-picked lie.
Spin. Because this is really about chaos.
This is about flipping the tables.
This is about pushing us towards a global war.
Good evening.
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