He was a bit down on Trump, especially on style tho agreeing that on policies it’s a mix, and he’s strongly against tariffs.

Yet he wasn’t aware of the 270% tariffs the Canadians have on US butter. We don’t, today, have free trade; we have managed trade. And the rich US has been very generous, allowing most countries to have some protectionism against the US, while the US had less against their exports.

Many elites don’t seem to see any problem with the current trade imbalances against the US & the US workers.

The “unfair” advantages of foreign exporters has resulted in fewer US jobs, tho more foreign investment. That’s making the US more like Squanderville, as Warren Buffet says (2003 & again 2016). And it needs to change.

“Foreigners selling to us, of course, would face tougher economics. But that’s a problem they’re up against no matter what trade “solution” is adopted—and make no mistake, a solution must come. (As Herb Stein said, “If something cannot go on forever, it will stop.”) … But I believe that in the trade deficit we also have a problem that is going to test all of our abilities to find a solution. A gently declining dollar will not provide the answer.”

Trump has called for, explicitly, totally free trade, no non-tariff barriers, no subsides. That would be most economically efficient. Any “trade war” will hurt other economies more, or much more, than hurting the US economy.

Trump haters fear that Trump will start a “Tit for Tat” increase in tariffs — but I see him as responding, yes in a Tit for Tat response, to unfair practices of other countries.

There is no known strategy better than Tit for Tat at increasing cooperation.

When considering whether to take NORPAC’s claims seriously, the Department of Commerce excluded input from U.S. newsprint mills owned by Canadian companies – specifically Resolute Forest Products and White Birch. Excluding manufacturers who, during the period of investigation, had three functioning newsprint mills in the U.S. because they have sister mills in Canada shows an unwillingness to understand the borderless newsprint industry and the restructuring that has taken place in recent decades.

http://www.newsobserver.com/opinion/op-ed/article207258209.html

What will happen to U.S. newsprint mills when Canadian pulp is taxed? As the price increases the result will be the elimination of printed newspapers, sure, but also the closing of
the remaining mills in this country.

Trump is a genius. Just ask him.

Canada’s exports to China appear to be shrinking in 2016 while the US, Chile, Russia[3] and Scandinavia are on track to gain roughly 150,000 metric tons each…The fact that the US is increasing export volume is impressive considering the strength of the dollar against other currencies.

https://blog.forest2market.com/us-market-pulp-trade-statistics-september-2016

Magnesium oxide is used in making paper white and glossy. Who hearts cheap Canadian magnesium? Magazines.

Why no tariffs from the US on wood pulp for newsprint? It would make newspapers more expensive to produce. Guess what trade associations oppose tariffs on Canadian wood pulp slurry?

How hard would it be to stop such an import? You can turn a pipe off at the spigot.

Who would weep and gnash their teeth? Newspapers like the Times and the Post.

Sad to think of, isn’t it.

Free Trade doesn’t happen. Hasn’t happened. The countries complaining about our tariffs on their products impose their own on ours. Their issue basically amounts to “How dare you do to us what we’ve been doing to you?!?! It’s not fair!!!!!”

I never thought I’d live to see the day when we had a president so unabashedly pro-America. In every sense.

His job is to take of this Country and Our People. Not theirs. May he continue to do so.

If untrue, his assertion is easily disproven.

If so, how can that be an equitable trade arrangement?

Just how long can America tolerate such an arrangement that places the US ever more deeply in debt to the rest of the world?

Given that reality, I fully support Trump’s actions.

http://fortune.com/2016/04/29/warren-buffett-foreign-trade/