The US Has Lopsided Trade Agreements with Almost All "Trading Partners"
Before NAFTA, Canada and Mexico always had annual trade deficits with the US
After NAFTA, Canada and Mexico, with investments by European and Asian companies, have huge DUTY-FREE annual trade surpluses with the US.
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After NAFTA, foreign (and US) companies shipped parts to Mexico and assembled cars, with their entire production shipped DUTY-FREE into the US.
That is Trojan Horse exploitation that is sucking wealth/jobs from the US.
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After NAFTA, Dutch companies shipped automated greenhouses, the size of airplane hangars, to Canada (which provides almost- free gas and electricity as an incentive), with almost their entire production shipped DUTY-FREE into the US.
That is Trojan Horse exploitation that is sucking wealth/jobs from the US
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Dutch/Belgian conglomerates own more than 50% of the food supermarkets on the US East Coast.
That means plenty of shelf space for European farm goods to the disadvantage of US farmers.
Europe has been doing this since the disastrous 1960s Kennedy Round, which opened US markets, without the US getting any lower tariffs and lower non-tariff barriers from Europe.
Euro elites loved Kennedy
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Free Trade?
Japan has a 700% tariff on US rice. India has a 100% tariff on US rice, Egypt has a 65% average tariff on all US goods. Canada has a 290% tariff on US dairy products.
Canada’s current economy would not be viable without the US as a neighbor. Same with Mexico
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Living in Vermont, we buy, throughout the year, electricity (GMP), propane (IRVING), gasoline (IRVING), and some greenhouse vegetables and flowers from heavily subsidized Canadian/Dutch/French companies in Quebec.
Perot, a Texas businessman, predicted NAFTA would be sucking tens of $billions of wealth and millions of jobs out of the US. Deluded, brainwashed Americans laughed at Perot at that time.
CBS News “reported” 70,500 American factories (millions of jobs lost) have closed since the start of NAFTA
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Trump is doing the right thing with tariffs to increase US production of goods and services for domestic use and export,
that will employ tens of millions of workers, build strong families and communities, and will reduce imports of goods and services, and will transform decades of wealth/job-sucking trade deficits into trade surpluses to MAGA
German Economist: Trump Tariffs are Saving US
https://www.windtaskforce.org/profiles/blogs/german-economist-trump-tariffs-saving-us
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US has Trade Deficits with Many Countries
Hindsight is 20/20, but Bill Clinton’s decision to admit China into the WTO ranks among the greatest strategic blunders in modern history. Everything he promised would happen turned out to be the exact opposite.
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If Europe, China, etc., do not like US tariffs, why do they have their own tariffs and non-tariff barriers?
In response to US tariffs:
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- Vietnam finally reduced its tariffs to ZERO, but that is no big deal, because its sales to the US were $136.6 billion, and it bought from the US $13.1 billion, in 2024.
- Taiwan wants to reduce its tariffs to ZERO, but that is not a big deal, because its sales to the US were $116.26 billion, but it bought from the US $42.34 billion, in 2024.
- Countries with trade surpluses should think first and act after. They should:
1) Not retaliate with tariffs, and
2) Eliminate tariff barriers and non-tariff barriers, and
3) Buy more US goods and services to reduce their trade surpluses to zero.
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Europe Colludes with Others to Obstruct Trump’s Tariffs
Europe is arranging and coordinating a group of ideological allies to collude with counter sanctions. Those allies include Canada and to a lesser extent, Mexico. Trump is onto their collusion. He said, if Europe colludes with Canada to harm the US, higher US tariffs will be placed on both of them.
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Finally, the US is lucky to have a hard-nosed businessman in the White House, who cannot be $bought, instead of a senile, grifting/grafting, dysfunctional marionette, or, God-forbid, an inane, cackling word salad.
https://www.windtaskforce.org/profiles/blogs/international-trade-is-a-dog-eat-dog-business
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When will woke Euro elites finally admit, increased CO2 ppm, an essential, life-creating gas, is needed to grow more flora and fauna, and increase crop yields to feed 8 billion people?
https://www.windtaskforce.org/profiles/blogs/co2-has-a-very-minor-role-in-the-atmosphere
https://www.windtaskforce.org/profiles/blogs/we-are-in-a-co2-famine
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How Effective are the US Tariffs?
US international trade of imports and exports of goods and services
January 2025: Exports: $269.8 billion; Imports: $401.2 billion; Deficit: $131.4 billion
February 2025: Exports: $278.0 billion; Imports: $401.1 billion; Deficit: $123.1 billion
March 2025; Exports: $281.1 billion; Imports: $419.4 billion; Deficit: $138.3 billion
April 2025: Exports: $289.4 billion; Imports: $351.0 billion; Deficit: $61.6 billion
Exports increased about $20 billion and imports decreased about $50 billion after 4 months in 2025
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Trump imposed the following tariffs on Europe: Steel and Aluminum 50%; Imported cars 25%; Other sectors: Investigations were launched into pharmaceuticals, copper, and other sectors to potentially impose further tariffs
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In response, Europe, Japan, Korea, etc., have maintained prices of its cars to avoid losing US market share. However, Ford Motor's total sales are up 6.1% to 930,925 vehicles sold compared with the first five months of 2024.
Ford assembles 80% of its cars in the US. General Motors and Stellantis about 55%
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GM recently announced plans to spend $4 billion to retool the 1) Orion Assembly Plant in Michigan, 2) Fairfax Assembly Plant in Kansas, and Spring Hill Manufacturing in Tennessee, which would add some 300,000 units of production back to America. Domestic production could increase from 60% to 75% of US demand by 2030, due to tariffs, according to Barron’s.
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Europe in Big Do-Do
Europe is in poor shape. It has a decreasing/stagnant GDP, stagnant real wages, major civil unrest, and tens of millions of incompatible, subversive, walk-ins, who will undermine, instead of fight for traditional European values and culture.
Euro elites, having lost the wind/solar “climate war”, need a new enemy to distract and unify the people.
Euro elites doing Russo-phobic, saber rattling to aid Ukraine is empty posturing, without the US “backstop”
Russia, with a growing GDP, despite sanctions, a unified people, gaining on the battlefield, would just roll over and play dead?
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Trump would be an idiot to agree to prolonging the Russia-Ukraine conflict with the US “backstop”, as demanded by the UK, because it would be a major drain on US finances for years, and a huge distraction regarding MAGA.
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However, the Deep State and in Congress, most Democrats and some Republicans would love it.
Musk is getting close to divulge how many of these Members of Congress are outperforming investment professionals on Wall Street. They have no problem defending/financing corrupt Ukraine, an undemocratic state, where:
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1) Elections were canceled (also in Rumania), or stolen (also in Moldova), and Le Pen was sidelined in France
2) The Russian Orthodox Church was banned,
3) Political opponents were silenced/tortured/killed,
4) The USAID-subsidized pro-Ukraine media were put under total government control, “because of martial law”