http://www.foxbusiness.com/markets/2018/01/22/davos-ceos-optimism-booms-on-trump-tax-cuts.html
The dogs bark
But the caravan moves on
Yeah, a 38.5% tariff is free trade when our trading partners place them on us, but the WTO restricts us from nearly all tariffs.
Those trade negotiations are going nowhere because they all go one way - against the US. Very few of those Asian nations have any intentions of buying anything from us, but want access to our markets.
Time to reign in our trade imbalance with China.
Funny, but that's not how it's actually working. The high Japanese tariff on frozen beef is being offset by higher sales of U.S. fresh and chilled beef.
Western Livestock Journal: November beef exports strong (1/23/2018)
Japan continued to be the pacesetter for U.S. beef exports in November, with volume increasing 5 percent year-over-year to 24,819 mt and value up 6 percent to $159.2 million. This pushed Japans 11-month totals to 285,336 mt (up 20 percent) valued at $1.75 billion (up 27 percent and a new post-BSE record). Chilled beef exports reached 137,707 mt through November, up 35 percent, valued at a record-high $1.02 billion, up 39 percent.AGWEB: Have U.S. Beef Exports To Japan Slowed After Tariff Increase? (1/5/2018)
So things aren't bleak at all while NAFTA and KORUS are being renegotiated.
Good for them. They all still very much want to get improved access to our markets. So deal with them one at a time.
One of the things I admire about Trump is his willingness to simply withdraw from a bad deal.
When you run a business and you have a bad deal, you either negotiate or withdraw if you can. You don't go broke. But we have had bad deals for a long time.
I hope they really weren't waiting for Trump to change his mind. When you see those videos he recorded years ago, it is clear he deeply resented stupid trade agreements.
Maybe we should simply withdraw from the WTO?
TPP destroyed our laws and Consitution .
It let Corporate Globalists flood our countries with third world labor and there laws .It would wipe out white collar jobs to third world cheap labor .
It was a meant to destroy the USA .
Good riddance .
No more Sucker deals for the USA .
WpEnougg of sending our jobs and resources overseas and we get there surplus masses .