Largest U.S. business group attacks Trump

https://twitter.com/DavidRayAmos/with_replies 




David Raymond Amos‏ @DavidRayAmos
Replying to @DavidRayAmos @FloryGoncalves and 49 others

Methinks I have said that NAFTA hurt Canada bigtime many times before Trump was ever elected N'esy Pas? #CBC #FoxAndFriends #CNN #NYTimes

http://davidraymondamos3.blogspot.com/2018/07/largest-us-business-group-attacks-trump.html

#TrumpRussia #Trudeau #cdnpoli #nbpoli #NAFTA #FATCA #FBI #RCMPNL


http://www.cbc.ca/news/politics/trump-tariffs-chamber-commerce-1.4731018





David Raymond Amos‏ @DavidRayAmos
Replying to @USChamber
Tom Kelly "Canadians can apply their own pressure."

 I Wholeheartedly agree if Tom Donohue, president of the U.S. Chamber of Commerce
 is serious he should Google the following ASAP EH? @realDonaldTrump @JustinTrudeau


Trump Cohen Morneau NAFTA FATCA TPP



http://www.cbc.ca/news/politics/trump-tariffs-chamber-commerce-1.4731018

Largest U.S. business group attacks Trump on tariffs

Canada's retaliatory tariffs went into effect July 1

Thomson Reuters · Posted: Jul 02, 2018 11:58 AM ET

271 Comments 
Commenting is now closed for this story.

  

Tom Kelly

Canadians can apply their own pressure. Boycotting US products where possible is fine, but eliminating travel to the US can have a real impact, particularly for states like Florida, that have no state income tax and rely on sales tax revenues to pay the bills.

David Amos

@Tom Kelly "Canadians can apply their own pressure."

I Wholeheartedly agree if Tom Donohue, president of the U.S. Chamber of Commerce is serious he should Google the following ASAP EH?

Trump Cohen Morneau NAFTA FATCA TPP

 

Gary McGarry

It takes a real man to know when he is wrong and admit it. I wonder where that man may be?

David Amos

@Gary McGarry I do it all the time. It goes under the heading of Integrity. As a mechanic I understand that you can't fix something if you already know what you are doing is wrong.Methinks it not Its not rocket science. Its common sense N'esy Pas?

In return how many lawyers and politicians have read my work and argued me in court etc will even admit I exist?

Here is a good example ask the lawyer rob Moore who I am and why I ran against him twice 11 years apart.

https://www.cbc.ca/news/canada/new-brunswick/fundy-royal-riding-profile-1.3274276

 

Bertrum G.Gruff

heh, the multiple bankrupter leading America's economic charge against the rest of the world

Jason Tremblay (JasonDiggy)

@Bertrum G.Gruff

Doing Putin's bidding.

David Amos

@Bertrum G.Gruff Welcome to the circus

David Amos

@Jason Tremblay (JasonDiggy) Nope Putin ain't dumb. He would never support the clown Yankees call "The Donald"

 

Eric V. Zepplin

it is time to impeach the President , hurry up Mueller before your country is in ruins and it is only a matter of time , big business tells the big guy to EXIT stage right

David Amos

@Eric V. Zepplin "it is time to impeach the President"

Methinks many will agree that even though I am far from being a fan of Trump there is no reason to impeach him whatsoever. Many Feds north and south of the 49th know I offered enough evidence to prosecute Mueller, his buddy Comey and legions of others before I ran for a seat in the 38th Parliament and was falsely imprisoned in the USA for my efforts N'esy Pas?

  

Bruce McAra

Trump listen to reason? Not likely. His one and only negotiating move is bullying.

David Amos

@Bruce McAra Oh So True

  

Brent Grywinski

Now Trump is starting to get push back on his whacked policies. His tariffs, no progress on NAFTA, protests against his border policies, the possibility of abortion being made illegal. It will be interesting if he dials back on some of them or goes whole hog on them.

David Amos

@Brent Grywinski Even though I hate NAFTA and just like Trump does and believe it should be turfed I am honest enough to admit that the liberals have a decent plan to upset Trump with.

Methinks the NAFTA issue is gonna hurt the GOP bigtime in the upcoming midterm election and byway of this article clearly many Yankees agree N'esy Pas?

 

Maxim Verite

Trump's trade policies will hurt American consumers and lead to job losses. There's no question of this. It's only a matter of time till the rest of his one-time backers turn against him. The man's wrong on this, pure and simple.

John Dunn

@Montgomery L Pownall It's called a trade "war" for a reason.

David Amos

@John Dunn YUP

 

  

Irv Millar

There is only a negative aspect being promoted by the US based multinationals. The positive for Canada is that the US people will still be our trading partners with or without NAFTA. We can take this opportunity to seize control of our economic and national destiny. Promotion of Canadian industries or innovation between the provinces should be paramount. Controlling foreign ownership or investment of ubiquitous origins should be more strictly regulated and enforced.

David Amos

@Irv Millar Well Put. I Wholeheartedly Agree Sir.

 

Don Cameron

This is exactly the pressure for which we've been hoping.

The only thing with any hope of affecting Trump's policies, will be internal pressure from the traditional supporters of the Republicans. Even then, there is no guarantee Trump won't just blow off any dissenters as being "anti-American".

We need to stay the course on this issue. Keep targeting them where it hurts the most.

David Amos

@Don Cameron I agree. This may be just more political rhetoric served on the Yankee folks by Tom Donohue and U.S. Chamber of Commerce for the benefit of the Democrats instead of he GOP. Methinks you agree that it is Canadian interests we should be concerned about N'esy Pas?

http://www.cbc.ca/news/politics/trump-tariffs-chamber-commerce-1.4731018?__vfz=profile_comment%3D10127900016574#vf-10146300016559



Gord McPherson

High crimes and misdemeanours.
Trump.

David Amos

@Gord McPherson RE Your "Corrections"

"You lost five elections"
TRUE

"You also have not prevailed in a single "suing more lawyers"
FALSE

"Cohen? Big deal Every hood in Manhattan has called Cohen"
TRUE

"Post Cohen's number I'll call him and use you as a reference"
646-853-0114

 
David Amos

if Tom Donohue, president of the U.S. Chamber of Commerce is serious he should Google the following ASAP EH?

Trump Cohen Morneau NAFTA FATCA TPP

 

Jim McAlpine

Trump is likely not setting these policies himself (though he does take the credit and the grief). No, the ones pulling his strings are likely a combination of GOP party members like Paul Ryan and Mitch McConnell and some degree of Putin influence. It was just reported that Trump has received over $109M for the sale of 86 of his properties - in cash! and all sold to prominent Russians. It's more than clear that Putin and others have something huge that they're holding over Trump. Notice that for almost every one of Trump's contentious policies it's the Russians that benefit the most.

David Amos

@Jim McAlpine Dream on

  

John Mestills

This on day 2 of the actual tariffs. Things are lookin' up! :)

David Amos

@John Mestills Perhaps

  

Neil Austen

How many times has Trump gone bankrupt in his personal business. This alone should have barred him running for office. Are people really so clueless?

David Amos

@Neil Austen "Are people really so clueless?"

Nope their only other option was Hillary remember?

  

Jeremy Amott

NAFTA is not perfect, but it leads to innovation. Business owners decide who they buy parts from, or completes the next manufacturing process, etc.

Let business people decide who helps them finish their innovations.
Should not be POTUS.

Who thought that would be a good idea?

David Amos

@Jeremy Amott Methinks I have said that NAFTA hurt Canada bigtime many times before Trump was ever elected N'esy Pas?

Largest U.S. business group attacks Trump on tariffs

Canada's retaliatory tariffs went into effect July 1

Thomson Reuters · Posted: Jul 02, 2018 11:58 AM ET 

President Donald Trump waves after stepping off Marine One, accompanied by first lady Melania Trump, on the South Lawn of the White House, Sunday, July 1, 2018, in Washington. (The Associated Press)

The U.S. Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.

With some of America's tightest trading partners imposing retaliatory measures, Trump's approach to tariffs has unsettled financial markets and strained relations between the White House and the Chamber.

The new campaign, detailed first to Reuters, is an aggressive effort by the business lobbying giant.

• What consumer goods and food items could cost 10% more as of July 1

• Analysis
  Donald Trump crashes the Canada Day party: Aaron Wherry

• Trudeau focuses on Canadian workers as retaliatory tariffs hit U.S.

Using a state-by-state analysis, it argues that Trump is risking a global trade war that will hit the wallets of U.S. consumers.

"The administration is threatening to undermine the economic progress it worked so hard to achieve," said Chamber President Tom Donohue in a statement to Reuters.

"We should seek free and fair trade, but this is just not the way to do it."

Tom Donohue, president of the U.S. Chamber of Commerce, is launching a new campaign to oppose Trump's trade tariff policies. (Pete Marovich/Bloomberg)

The Chamber, which has three million members, historically has worked closely with Republican presidents and praised Trump for signing business tax cuts in December.

But mounting trade tensions have opened a rift with the president.

Nations fighting back

Trump has implemented billions of dollars in tariffs targeted at China, Canada, Mexico and the European Union, saying such moves are needed to offset trade imbalances.

Nations have begun retaliating.

Canada has struck back at U.S. steel and aluminum tariffs by imposing punitive measures on $16.6 billion worth of American goods until Washington relents.

Those tariffs kicked in on Sunday.

• EU will retaliate with $300B if U.S. puts tariffs on autos

• Steel pipe maker in Ontario lays off 40 workers over U.S. tariffs

China is expected to impose a new 25 per cent tax on soybeans in July. Mexico is adding duties to pork imports.

The EU has targeted $3.2 billion US in American goods exported to the 28-member bloc, including bourbon and Harley Davidson motorcycles.

Pushing back on Trump, the Chamber based a state-by-state analysis on data from the U.S. Department of Commerce and government agencies in China, the EU, Mexico, and Canada.

Trump has previously been persuaded to back off of trade threats with the argument that states that backed him in the 2016 presidential campaign will be hard-hit.

For example, the Chamber said Texas could see $3.9 billion US worth of exports targeted by retaliatory tariffs; Tennessee, $1.4 billion US; and South Carolina, $3 billion US.

CBC's Journalistic Standards and Practices

https://www.uschamber.com/thomas-j-donohue

Thomas J. Donohue

President and CEO, U.S. Chamber of Commerce

Thomas J. Donohue is president and CEO of the U.S. Chamber of Commerce. Since assuming this position in 1997, Donohue has built the Chamber into a lobbying and political powerhouse with expanded influence across the globe.

During his tenure, the Chamber has helped secure business victories on Capitol Hill, in the regulatory agencies, in politics, in courts of law and in the court of public opinion, and before governments around the world.

In an era of economic and fiscal challenges, Donohue has led efforts to expand trade and domestic energy production, rebuild America’s  infrastructure, combat an avalanche of  new regulations, protect intellectual property, revitalize capital markets, and aggressively advocate legal, tax, education, and entitlement reform. In addition, he has vigorously challenged attacks on free enterprise, while working to protect the business community’s right to speak and participate in the political and policy affairs of the nation.

Under Donohue’s leadership, the Chamber has emerged as a major political force in races for the Senate and the House of Representatives. As part of this bipartisan effort, millions of grassroots business advocates, as well as the Chamber’s federation of state and local chambers and industry associations, mobilize in support of pro-business candidates.

Donohue established the U.S. Chamber Institute for Legal Reform, which advances significant legal reforms in the courts, at the state and federal levels, and in elections for state attorneys general and Supreme Court judges. He has dramatically expanded the activities of the U.S. Chamber Litigation Center, the Chamber’s law firm, which represents the business community’s interests in the courts. And he has reinvigorated the U.S. Chamber of Commerce Foundation, which houses Hiring Our Heroes, a program that identifies job opportunities for returning veterans and military spouses.
Previously, Donohue served for 13 years as president and CEO of the American Trucking Associations, the national organization of the trucking industry. Earlier in his career, he was deputy assistant postmaster general of the United States and vice president of development at Fairfield University in Connecticut.

Born in New York City, Donohue earned a bachelor’s degree from St. John’s University and a master’s degree in business administration from Adelphi University. He holds honorary degrees from Adelphi, St. John’s, Marymount, Bradley, and Pepperdine universities, as well as the National University of Ireland at Maynooth.

He is a recipient of the Horatio Alger Award and the Boy Scouts of America National Capital Area Council’s Lifetime Achievement Award. He holds the highest civilian honor from Germany and South Korea, as well as the Order of the Crown (Commander Class) presented by the Crown Prince of Belgium.

Donohue and his late wife, Liz, have three sons and five grandchildren.

https://www.uschamber.com/series/above-the-fold/costs-of-recent-trade-policies-rack

Costs of Recent Trade Policies Rack Up

Jun 11, 2018 - 9:00am

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Thomas J. Donohue

President and CEO, U.S. Chamber of Commerce

 

Key Takeaway

 

U.S. trade policy must take aim at the right problems, not trade deficits. 

Our nation’s critical trading relationships are growing more complicated by the day. Using a combination of tariffs and tough negotiating tactics, the Trump administration is attempting to solve a number of real and serious trade challenges facing America around the world. Its approach, however, runs the risk of erasing the recent economic gains it worked so hard to secure through tax and regulatory relief without even solving the underlying problems.

To be clear, the administration is right to call attention to the trade barriers that American companies face and demand reform from our partners. But our strategy must take aim at the right problems, not trade deficits. It must also take aim at the right targets, not our closest allies. Unfortunately, the growing list of tariffs proposed or imposed by our government, as well as the continued uncertainty over the future of NAFTA, is already taking a toll on businesses.

For example, U.S. steel prices have risen nearly 40% since January and are now 50% higher than in Europe. The most recent U.S. Chamber + USG Commercial Construction Index shows higher material costs have suddenly become a substantial concern for contractors. These recent trade moves are creating great uncertainty in the business community, and uncertainty is the enemy of investment.

If these actions continue, our businesses will lose customers, workers will lose jobs, and American consumers will lose family income through higher taxes and higher prices. Studies show that a combined 760,000 jobs could be lost from the tariffs already enacted as well as those being considered on autos and auto parts. And if the administration carries out its threat to withdraw from NAFTA, an additional 1.8 million U.S. jobs could be lost in the first year alone

On each of these issues, the U.S. Chamber of Commerce has privately and publicly expressed our concerns to the administration and Congress. We have reminded them that a tariff is nothing more than a tax, and it is not paid by the exporting country—it is paid by the American people. At the same time, we have expressed our support for robust negotiations to open foreign markets for U.S. exporters and level the playing field.

The Trump administration began by making growth its highest priority, a refreshing change from years past. Now it’s time to reaffirm that growth remains our top priority. That must include an effective approach to trade and a reaffirmation of our nation’s trade leadership. This leadership is essential to economic security, national security, and our strategic interests around the world.

More Articles On: 

International Trade and Investment

About the Author

Thomas J. Donohue

President and CEO, U.S. Chamber of Commerce

Thomas J. Donohue is president and CEO of the U.S. Chamber of Commerce.

https://www.uschamber.com/series/above-the-fold/workers-farmers-families-and-business-are-all-losers-trade-war

Workers, Farmers, Families, and Business are All Losers in a Trade War

Jul 02, 2018 - 4:00pm

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Sean Hackbarth

Senior Editor, Digital Content

A cargo ship is guided into the Port of Oakland.

Photo credit: Tim Rue/Bloomberg.

It's finally here: Retaliation Week, when other countries impose tariffs on about $75 billion worth of U.S. goods in retaliation for U.S. tariffs on steel and aluminum and certain Chinese imports.

Canada – the United States’ top trading partner – on July 1, was the latest country to slap retaliatory tariffs on our exports, putting tariffs on $12.6 billion worth of steel, ketchup, pizza, dishwasher detergent, and other goods.

The U.S. Chamber produced a map at www.thewrongapproach.com, showing how individual states are affected by tariffs from China, the European Union (EU), Mexico, and Canada, as well as the number of jobs exports support in individual states.

Here are four takeaways.

1. China, the EU, Mexico, and Canada account for the largest share of U.S. exports being hit with tariffs

Here’s the breakdown of the amount of exports now subject to retaliatory tariffs:

• China: $36.8 billion
• EU: $3.2 billion
• Canada: $12.8 billion
• Mexico: $3 billion

 

2. The biggest states don’t always take the biggest hit

You would think that states with the biggest economies would take the biggest hits.
That’s not necessarily the case.

California and Texas have the nation’s two largest state economies, and billions of dollars of exports are effected – $5.6 billion and $4 billion respectively.

However, Washington State has a larger share of effected exports – $6 billion. That’s because it’s one of the most trade dependent states in the Union.

Another example is Alabama. It’s exposure to retaliatory tariffs is $3.6 billion worth of export, not far behind Texas. Most of this comes from $2 billion worth of auto exports to China.

3. Politically targeted tariffs

China, the EU, Mexico, and Canada were savvy by strategically targeting important industries in certain states.

Kentucky, home state to Senate Majority Leader Mitch McConnell (R), has $1.5 billion of its exports threatened. The biggest hit comes from tariffs on $856 million worth of auto exports to China.

However, the Bluegrass State’s famous tipple is targeted.

The EU slapped duties on $180 million worth of Kentucky bourbon. Canada, Mexico, and China did the same. All told, $217 million worth of bourbon is covered by new tariffs.

As for Wisconsin, home to Speaker of the House Paul Ryan (R), it has $1 billion of its exports threatened.

The state is the nation’s top paper producer. Canada took notice by placing tariffs on $175 million in paper towels, tissues, and toilet paper exports.

The dairy industry is also targeted. China tacked tariffs on $47 million worth of whey, a byproduct of cheesemaking, and Mexico put tariffs on $31 million of Wisconsin cheese. That’s a big deal because Mexico is the top market for U.S. dairy exports.

Harley-Davidson, a state icon, is also getting dinged. The EU placed tariffs on $204 million in U.S. motorcycle exports. Harley-Davidson motorcycles are assembled in Pennsylvania, but bike engines are made at the company’s headquarters in Wisconsin.

4. Exports hit Trump states

Here’s a tidbit for political analysts to chew on: In the 30 states President Trump won in the 2016 election, $36.5 billion worth of exports are threatened by retaliatory tariffs from China, the EU, Mexico, and Canada.

Here are three states for example:

• Ohio: $3.3 billion
• Michigan: $2.3 billion
• Pennsylvania: $1.7 billion

One thing is for sure, no one will win this tit-for-tat, trade struggle. Consumers wil pay more for goods and businesses will have a tougher time exporting their products to world markets.

“The administration is threatening to undermine the economic progress it worked so hard to achieve,” said U.S. Chamber President and CEO Tom Donohue. “We should seek free and fair trade, but this is just not the way to do it. It’s time to reverse course and adopt smarter, more effective approaches for addressing trade concerns with commercial partners.”

Go to the map at www.thewrongapproach.com to see how your state is affected. Then tell your members of Congress to oppose these tariffs.

More Articles On: 

International Trade and Investment

About the Author

Sean Hackbarth

Senior Editor, Digital Content

Sean writes about public policies affecting businesses including energy, health care, and regulations. When not battling those making it harder for free enterprise to succeed, he raves about all things Wisconsin (his home state) and religiously follows the Green Bay Packers.

@seanhackbarth

shackbarth@uschamber.com

 https://www.uschamber.com/regional-offices-us-chamber-commerce

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