Thursday, August 30, 2018

Mexico deal shows Trump's trade strategy succeeding brilliantly

President Trump is following through on his promise to restructure the framework of U.S. foreign trade, and his strategy looks brilliant.

It is becoming clear to me that President Trump is mobilizing the principal trade partners of the U.S. to unite to pressure China.

Yesterday, U.S. trade representative Robert Lighthizer was interviewed by Bret Baier on Special Report and gave a good explanation of how this bilateral approach works to the U.S.'s advantage and how both Mexico and the United States are making gains with this pact.

"There are still issues with Canada but I think they could be resolved very quickly," a senior trade official told Reuters in an interview.

So the blame for failure then goes to voters of Canada who prefer their government protections more than they prefer free trade with the U.S., they're saying through their voting patterns they require imbalanced trade, or no trade.

Mr. Trump hit Mexico, along with Canada, the European Union and other nations, with 25 percent tariffs on steel and 10 percent tariffs on aluminum, in part to force concessions on other trade issues.

Relations between the United States and Canada have been strained for months and Mr. Trump has personally berated Prime Minister Justin Trudeau of Canada as "Very dishonest and weak" and accused him of "False statements" after a tense meeting of global leaders in June.

https://www.americanthinker.com/blog/2018/08/mexico_deal_shows_that_trumps_trade_strategy_is_succeeding_brilliantly.html

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