NAFTA Watch – Peter Navarro Interview and POTUS Trump Tweets…

We are nearing the timeline apex for release of the decision/announcement on a U.S. NAFTA exit. Trade adviser Peter Navarro appears on Fox Business to discuss the pending Steel and Aluminum tariff while President Trump tweets concerns about NAFTA renegotiation; which enters Round #7 this week.

The steel tariffs are targeted toward national economic security; the Wall Street financial class are apoplectic because a firm administration stance on Steel and Aluminum tariffs indicates the larger trade perspective on all bilateral trade deals.

New Twitter Thread on the NAFTA Fatal Flaw – HERE

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This entry was posted in Canada, China, Decepticons, Dem Hypocrisy, Donald Trump, Economy, European Union, Japan, media bias, Mexico, NAFTA, President Trump, Taxes, Trade Deal, Uncategorized, US Treasury, USA. Bookmark the permalink.

139 Responses to NAFTA Watch – Peter Navarro Interview and POTUS Trump Tweets…

  1. USTerminator says:

    Anyone would throw away $500B annually is stupid. China certainly is not stupid. Trump has prepared for this confrontational on trade with China and others since 1980’s. When someone is that concentrates on one issue and consistent about that you can bet that he will be all in and not bluffing. Everyone misses reading the Donald at their own peril. This is the sequence of trade actions in 2018 and beyond.

    1. Tariffs on steel and aluminum

    2. Withdraw from NAFTA

    3. Withdraw or significant modification of KORUS trade deal that toward balance trade.

    4. China tariffs on majority products for IP violation. China will respond put tariffs on US products and The Donald will be all in to put 25-50% on ALL Chinese products with propose to negotiate a trade deal. Before Trump, other countries put in the tariffs first then negotiate until the cow comes home. By the time the deal made, all US industries are decimated. Trump will turn the table, tariffs first then trade deal later and time in US side and will decimate China industries.

    5. US will demand trade balance with EU with concrete goal of 10% or more trade deficit reduction or will impose tax import reciprocal on EU.

    US will have trade balance by the time Donald leaves office in 2025

    Liked by 25 people

  2. fleporeblog says:

    Our President has made a decision about imposing tariffs on steel and aluminum. 25% on steel and 10% on aluminum with NO exceptions. At some point he will make a determination on the Intellectual Property dispute that our President opened last year. China 🇨🇳 is going to be in a world of hurt once those decisions are rendered.

    The US only can enforce a 2.5% tariff according to the WTO on incoming automobiles 🚗 and parts. However, Europe can impose a 10% tariff while Japan 🇯🇵 and South Korea 🇰🇷 also have formidable tariffs and China can impose a 25% tariff in the near future as they get rolling with their automotive sector.

    Our politicians, both Republicans and Democrats had no problem giving away the entire store. The CoC is a complete POS organization that doesn’t care at all for our country. They payoff politicians at the expense of everyday Americans.

    I LOVE ❤ our President and his killers.

    Liked by 25 people

  3. Betty says:

    Gosh I like Peter Navarro, President Trump has found the best people.

    Liked by 15 people

    • WSB says:

      He was feisty with Chris Wallace on Sunday. Navarro does NOT lie down for anyone.

      Liked by 3 people

      • Betty says:

        I saw that, I was getting uncomfortable for Mr. Navarro and wishing Wallace would just shut up and then Peter Navarro so quietly dropped the bomb it took me a minute to grasp what he said.

        “Here we are on a Sunday morning and you’re taking a cheap shot” – not quite a quote but close. They didn’t show Wallace’s face but I’ll bet it was all sucked in like a cheap prune.

        Liked by 5 people

    • Bonitabaycane says:

      IMO he’s getting better with every interview. It’s good to see our President letting his “killers” loose on the media. 🙂

      Liked by 3 people

  4. The Boss says:

    Keep track of every person and entity who say that President Trump’s trade policies “Aren’t Fair”! They are the enemy.

    Liked by 18 people

  5. Redhotsnowman says:

    Everyone is running around like their hair is on fire. The globalists have every reason to fear what is coming.
    Shame on everyone in the media for not explaining it to the people correctly. This is a major restructuring of our economy for our benefit. Shame on our politicians for forgetting they work for us and not the globalist multinational corporations that are destroying this country for decades now.

    Liked by 12 people

  6. simicharmed says:

    I like Peter Navarro. Well spoken, to the point and confident! Another great pick of President Trump! So refreshing hearing people of this Administration actually make sense and strive to Make America Great Again! Historical Moments (Winning), continues and I like it!

    Liked by 8 people

  7. Some Old Guy says:

    Does anyone know if there’s a similar opt out clause in the WTO Agreement?

    Liked by 1 person

  8. wolfmoon1776 says:

    Every punch goes through the thin T-shirt of NAFTA/Canada/Mexico, then through the snowflake skin of WALL STREET, and into the scheming jaw of BEIJING.

    Repeated for our viewing pleasure!

    “Hey Jake! MUH ‘MERICA. And YO CHINA.”

    Liked by 8 people

  9. jstanley01 says:

    I like the Twitter threads. This one is very informative on the “fatal flaw.” Thanks, Sundance.

    Liked by 6 people

  10. fleporeblog says:

    This was part of our President’s plans! This will allow the US to be even more competitive and allow factories to open up once again in the US because of our oil production and the reduction in costs involved with oil.

    From the article linked above:

    The U.S. will overtake Russia to become the world’s largest oil producer by 2023, accounting for most of the global growth in petroleum supplies, a top industry monitor said Monday.

    U.S. crude production is expected to reach a record of 12.1 million barrels a day in 2023, up about 2 million barrels a day from this year, said the International Energy Agency, which advises governments and corporations on industry trends. American oil output will surge past Russia, currently the world’s largest crude producer at about 11 million barrels a day.

    Of the 6.4 million new barrels of oil that will be pumped every day between now and 2023, almost 60% will come from the U.S., the IEA said. “And I can tell you our expectations may well need to be revised upwards if prices are higher,” Mr. Birol said.

    American influence on global oil markets is also expected to rise, with U.S. oil exports more than doubling to 4.9 million barrels a day by 2023, according to the IEA. Until 2015, the U.S. didn’t export any crude oil by law, but in five years it is expected to be among the world’s biggest exporters.

    Liked by 7 people

  11. Liked by 4 people

    • Imagine how much more pain Canada’s going to feel trying to reach the magic “RECIPROCAL” level of Balanced Trade as the Canadian Dollars they must pay for America’s Exports is going up 1% per day of delay.

      Liked by 4 people

      • G. Combs says:

        Canada is in a heck of a lot more trouble than they know.

        If Dr Evans and others are correct the sun is going into a Grand Minima after exiting a “rare and unique Grand maximum of solar activity, which has occurred only once in the past 3,000 years”

        A 3,000-Year Record of Solar Activity (review)
        (wwwDOT)co2science.org/articles/V17/N32/C1.php

        A review of “A History of Solar Activity over Millennia” by Ilya G. Usoskin
        http://solarphysics.livingreviews.org/open?pubNo=lrsp-2008-3&page=articlesu16.html

        The actual paper: A History of Solar Activity over Millennia (A very good read)
        http://arxiv.org/pdf/0810.3972.pdf
        ……

        Canada’s problem (and Russia’s) is their growing belt is going to be moving south… at least 200 miles if the weather reverts to that of the 1960-70s.

        This is the Koppen climate boundaries based on plants for the midwest USA. Note the 1970s are around 200 miles south of the rest of the 20th century.

        If you read the 1974 CIA report it discusses the major food problem in that time period.
        A Study of Climatological Research as it Pertains to Intelligence Problems

        Pg 7
        “… Since 1972 the grain crisis has intensified…. Since 1969 the storage of grain has decreased from 600 million metric tons to less than 100 million metric tons – a 30 day supply… many governments have gone to great lengths to hide their agricultural predicaments from other countries as well as from their own people…

        pg 9
        “[…]The archaeologists and climatotologists document a rather grim history… There is considerable evidence that these empires may not have been undone by barbarian invaders but by climatic change…. has tied several of these declines to specific global cool periods, major and minor, that affected global atmospheric circulation and brought wave upon wave of drought to formerly rich agricultural lands.

        Refugees from these collapsing civilizations were often able to migrate to better lands… This would be of little comfort however,… The world is too densely populated and politically divided to accommodate mass migration.[…]”

        page 22 states:
        “[…]The climate of the 1800s was far less favorable for agriculture in most areas of the world. In the United States during that century, the midwest grain-producing areas were cooler and wetter and snow lines of the Russian steppes lasted for longer periods of time. More extended periods of drought were noted in the areas of the Soviet Union now known as the new lands. More extensive monsoon failures were common around the world, affecting in particular China, the Philippines and the Indian Subcontinent.

        The Wisconsin analysis questions whether a return to these climate conditions could support a population that has grown from 1.1 billion in 1850 to 3.75 billion in 1970. The Wisconsin group predicted that the climate could not support the world’s population since technology offers no immediate solution. Further world grain reserves currently amount to less than one month; thus any delay in supplies implies mass starvation. They also contended that new crop strains could not be developed over night… Moreover they observed that agriculture would become even more energy dependent in a world of declining resources….

        The US politicians in their idiotic desire to please the Ag Cartel got rid of the US grain storage. During the 2008 food crisis the USDA announced ‘The Cupboard is Bare.’

        Want Food Security? Bring Back a Grain reserve

        Liked by 1 person

    • Mexico may be about to crack.
      • Steel tariff
      • Auto tariffs announced for any EU tariffs [or no Mexico Deal]

      Mexico may go for a Bilateral Deal that “takes the lumps out.”
      • That TERMINATES NAFTA.😱
      • It’ll be Mexico’s FAULT. 😉
      • Canada’s left with ZERO NAFTA COVER for Steel/Aluminum Tariff “Exceptions”.

      How could President Trump take the lumps out:
      • TAKE the MONEY
      • … from TERMINATING the CARTELS.

      Make it a 50-50 SPLIT:
      • 50 to Mexico to employ hard-working Illegals deported from America
      • 50 to America to Build the Wall.
      • How about the Criminal Illegals we deport: PRISON FARMS for LIFE.

      Liked by 2 people

    • wheatietoo says:

      From the article:

      “He [Lighthizer] left off with some hope, noting that “we are prepared to work continuously to achieve a breakthrough”, although that may be cold comfort on the same day in which Trump warned there would be no steel break for Canada or Mexico without a “fair” Nafta agreement. Of course, what is “fair” to the US is quite “unfair” to the other two Nafta member nations.”
      ____

      So ZeroHedge thinks that we are being “unfair” to Mexico & Canada?

      ZeroHedge has been pissing me off lately with their Anti-Trump noise.

      Liked by 2 people

      • Doug says:

        the unfair is in quotation marks… what they are saying is that fair to Canada and Mexico equals screwing america… you cant reach and agreement when two of the parties think that screwing the third party over is the only fair thing to do

        Liked by 2 people

    • GB Bari says:

      I guess these countries are going to have to get used to the new paradigm. President Trump doesn’t bow down for any other country. It’s like cold water to the face after dealing with the previous Administration.

      Liked by 2 people

  12. Mexico and Canada get paid “trade tolls” by the trade trolls like China & Globalists … Don’t ya just hate the trolls? 😉

    Liked by 4 people

  13. Todd Noia says:

    Please watch Peter Navarro‘s videos on China. Death by China and Crouching Tiger, 4 parts. You will soon see how China is behind so many of the issues facing our country. It’s much worse than you think! These videos will explain the espionage used to steal our technology, the collusion with North Korea and why China will never help the US, and why, unlike Russia Russia Russia, China really is our mortal enemy. Having seen these videos, I’ll do my best to never buy anything from China again.
    P.S. I wish someone would tell the media that Canada does not mine raw steel, they import Chinese steel and fabricate steel goods. This is how the Chinese exploit NAFTA. All these idiots on tv don’t seem to know this.

    Liked by 8 people

  14. Buck Turgidson says:

    Trump has hired several good people and I esp like Peter Navarro! Our aluminum and steel industries have been hobbled by an excessive regulatory environment, on issues from env impact statements to OSHA to diversity quotas. sure we want to be clean and use the latest technology, all that, but we’ve imposed excessive costs on these industries and it’s all one big self-imposed wound that puts these industries at a competitive disadvantage vs other nations. Time to end the stupidity and bring these fundamental industries and jobs back to the US

    Liked by 4 people

  15. wheatietoo says:

    Sundance, thanks for another most excellent Twitter Thread — NAFTA Fatal Flaw.
    You spelled it out in terms that anyone can understand.

    Mexico and Canada have been allowing every other country on the planet benefit from NAFTA.
    They hold the back door open…and let other countries use NAFTA to enter our country, duty free.

    This is outrageous.
    It would be stupid of us to allow this to continue.

    Liked by 6 people

  16. TwoLaine says:

    PLEASE SHARE the heck out of this. Make sure your kids and grandkids get to see it too.

    Death by China: How America Lost Its Manufacturing Base by Peter Navarro

    http://deathbychina.com

    Liked by 4 people

  17. TwoLaine says:

    For well over 20 years now my beer comes in beautifully labeled bottles and it is locally brewed. I have always recycles both the bottles and the beautiful cardboard boxes they come in.

    Liked by 4 people

  18. A2 says:

    I was watching the Beeb (my last night) and they had invited a British economist to discuss the ‘tariffs’. What was interesting was that he gave a fair assessment and said (I’m paraphrasing) the reaction was just a tempest in a teacup, and it would not lead to a ‘trade war’ and that if any EU nation had objections they could file a complaint with the WTO and that would probably take a year or even longer to adjudicate given their past record. LOL.

    Liked by 5 people

  19. Bob Thoms says:

    Old Yellar is ranting and raving about Trump’s tariff’s on steel and aluminum. I had to turn him off.

    Liked by 1 person

    • wheatietoo says:

      You mean Mark Levin?
      Yeah, see…that’s why I am leery of these Never-Trumpers who are ‘acting’ like they are now Trump supporters.

      Can’t help but wonder if they are just doing whatever they can to claw back their audience numbers, only to turn around and stab our President in the back.

      Liked by 1 person

      • rf121 says:

        Levin is a true conservative and free trade is their position. He supports PT on those issues that he agrees with. At least Levin is consistent. Wrong, but consistent.

        Like

        • wheatietoo says:

          That term “true conservative” has been tainted so bad, I am never sure if people are using it as a slur…or not.

          Lyin Ted claimed to be a ‘twue conservative’ and yet supported illegals, amnesty and giving away our sovereignty in TPP.

          Levin was a rabid Cruz supporter, in spite of the fact that Cruz was constitutionally ineligible to be Pres.
          Yet, Levin claims to be a staunch defender of the Constitution.
          Go figure.

          Liked by 3 people

        • I refer you to Wheatie’s post above.

          Levin is a Globalist paid-for shill.

          Like

  20. Summer says:

    Every single economy-trade-finance appointment by President Trump is absolutely fabulous. That is because this is his area of expertise.
    Great interview.

    Liked by 1 person

  21. NC Nana says:

    Peter Navarro was a wonderful choice for Trader Adviser. He is smart and articulate.

    We went through the business areas of Raleigh, NC today. There is a lot of new business construction. Regardless of what the Democrats and MSM say, there is high confidence for business growth in the largest city near us. It is there to see everywhere.

    Our hopes were up as we passed the new growth in Raleigh. Then as we came home on the highway we passed so many small town manufacturing plants that were closed during Obama’s term.

    A few tariffs and cancelation of trade deals would be nothing if those local businesses can be brought back too. MAGAnificent!

    Thank you President Trump. 🙂

    Liked by 1 person

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