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PostPosted: Tue Sep 15, 2020 11:56 am
 


Title: Canada to unveil retaliatory action today for 'unjust' U.S. aluminum tariffs: Trudeau
Category: Business
Posted By: DrCaleb
Date: 2020-09-15 07:30:36
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PostPosted: Tue Sep 15, 2020 4:56 pm
 


DrCaleb wrote:


Maybe we should try that with China since it worked so well with America. ROTFL


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PostPosted: Wed Sep 16, 2020 10:04 am
 


U.S. reacts angrily to losing WTO ruling on China tariffs

The US strategy on ransom tariffs is not going well.


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PostPosted: Wed Sep 16, 2020 11:08 am
 


Did we throw some angry beavers at them or something?

:rock:

-J.


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PostPosted: Wed Sep 16, 2020 11:09 am
 


DrCaleb wrote:
U.S. reacts angrily to losing WTO ruling on China tariffs

The US strategy on ransom tariffs is not going well.


Sadly the US has been imposing tariffs on every import for so long that it's become a culture for them. Impose tariffs, lose WTO ruling, remove tariff, rinse and repeat.

When you think about it their imposing of tariffs is kind of like the Cargo Cults of Melanesia. You now know that it's not real or was ever destined to last but you just keep believing that if you try often enough eventually it'll happen. Unfortunately for America the WTO just won't accommodate them...............yet again. ROTFL


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PostPosted: Wed Sep 16, 2020 11:15 am
 


Freakinoldguy wrote:
Sadly the US has been imposing tariffs on every import for so long that it's become a culture for them. Impose tariffs, lose WTO ruling, remove tariff, rinse and repeat.


Not quite like every other time. Like the article states:

Quote:
But it is unlikely to have much practical impact, at least in the short term, because the U.S. can appeal the decision and the WTO's appeals court is currently no longer functioning — largely because of Washington's single-handed refusal to accept new members for it.

The appeals court issues final rulings in trade cases and stopped functioning last year when the terms of two of its last three judges expired with no replacements. That means the United States can appeal the decision "into the void," said Timothy Keeler, a lawyer at Mayer Brown and former chief of staff for the U.S. Trade Representative.


So they didn't like the answers, so instead they stopped funding the deciders. Ironic for a country so obsessed with free and fair trade.


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PostPosted: Wed Sep 16, 2020 2:26 pm
 


DrCaleb wrote:
Freakinoldguy wrote:
Sadly the US has been imposing tariffs on every import for so long that it's become a culture for them. Impose tariffs, lose WTO ruling, remove tariff, rinse and repeat.


Not quite like every other time. Like the article states:

Quote:
But it is unlikely to have much practical impact, at least in the short term, because the U.S. can appeal the decision and the WTO's appeals court is currently no longer functioning — largely because of Washington's single-handed refusal to accept new members for it.

The appeals court issues final rulings in trade cases and stopped functioning last year when the terms of two of its last three judges expired with no replacements. That means the United States can appeal the decision "into the void," said Timothy Keeler, a lawyer at Mayer Brown and former chief of staff for the U.S. Trade Representative.


So they didn't like the answers, so instead they stopped funding the deciders. Ironic for a country so obsessed with free and fair trade.


If you believe the US has ever been obsessed with free and fair trade then I've got a bridge in Brooklyn that you might be interested in purchasing.

I'm old and as long as I can remember the US has used their political and financial weight to tip the scales of free and equitable trade in their favour and if their pressuring, blackmailing or threatening other countries to accept their trade deals didn't work they just went ahead and imposed their own tariffs and to hell with the world.

This is nothing new because it was happening regularly before this administration took office and will continue long after it's one's gone. It's just the way the Americans do business and we can either suck it up and keep fighting or just cave. For me personally I prefer fighting since the second you stop they'll take even more liberties with their trade agreements and at least all these WTO losses slow them down and show the world what kind of assholes they can be when it comes to trade.


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PostPosted: Thu Sep 17, 2020 6:09 am
 


I have been paying attention too. ;)

I know 'fair' trade to the US means the trade terms they dictate. But they still roll on the campaign trail with their rhetoric about 'free' trade, knowing they have no intention of following it.


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PostPosted: Thu Sep 17, 2020 10:25 am
 


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