If NAFTA Successful No Tarriffs For Mexico and Canada – Muchin

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    Helmholtz Watson

    Treasury Secretary Steve Mnuchin speaking before the House…


    Helmholtz Watson

    After Gary Cohn resigned after tariff fight Wilbur Ross was on CNBC with US Steel executive, David Burnitt

    We are not looking for a trade war.
    Trump indicated flexibility on tariffs with Canada and Mexico if agreements on NAFTA can be ironed out
    We need a real solution to the overcapacity problem
    The tariffs will not blow up anything at all
    Tariff represents less than 1/2 of 1% of the US economy

    Burnitt said price impact on the prices will be minimal and will open a plant and employ 500 people.

    Helmholtz Watson

    BOC: trade policy developments are an important and growing source of uncertainty for the global and Canadian outlooks via @Yogi_Chan


    [color=teal][b]I don’t agree with all actions of #45 for sure 8) — Still, he is a president of action far more than any I’ve seen in my lifetime (as most “just talk” and don’t carry thru — except on the par 4 7th green 😉 He has been working everywhere possible to make things better for all … I think of him as Ike 2.0 on steroids – lol 🙂 …. He & all leaders are top of my prayer list & we are seeing REAL improvements for 1st time in economy & even other difficult areas.

    Tariffs are taxes (and by definition “bad” normally) … so I hope it is only shot-over-bow threat-only or temporary in nature if it does come … with that said, Tariffs are simply a TOOL to battle back on ultra-cheap pricing (where labor cost might be $2 per hour) to allow new steel mills to arise out of ashes of rust belt (and they are ones who put #45 into office)[/b][/color]


    [color=teal][b]TARIFFS may already be having positive leverage in “The art of the deal” (all the rest is noise) 😉

    And maybe a better NAFTA offsets impact of the new tariffs?

    And gives power to improve other trade treaties

    and then #45 drops them later

    CHECK & MATE 😉 8)[/b][/color]

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