The image dramatically depicts the German leader in an assertive pose, planting both hands firmly on a crisp tablecloth as she addresses President Donald Trump, who is seated before her with his arms crossed wearing a dispassionate expression.
A seemingly unimpressed Japanese Prime Minister Shinzō Abe gazes at the group.
World leaders are learning that America and President Trump will not lockstep march arm in arm no longer. Everyone wants their economies to flourish and thrive but when even one country requires a tariff on their products it begins to get unfair fast. All you need to do is look at what a country exports and imports to maintain their economy.
We will use Milk for an example. using the website numbeo.com and all prices in the US Dollar.
In Canada the price for Milk will range from $3.66 to $10.34 with the average at $6.42 per gallon.
In the US the price for Milk will range from $2.20 to $4.00 with the average at $3.18.
Canada has a smaller Milk industry than the United States and in both Countries the industry supported by either direct support by the governments or by using tariffs. For US milk to be sent to Canada, a 200% tariff or $2.76 is added as to not undercut the Canadian Milk industry.
Every country not only wants to keep their own industries running for their own economy but the political powers in every country make their money from the different lobbing groups of all these different industries. If the Canadian government would drop the tariff then the sudden inflow of US Milk would devastate their industry and look at all those cows and people who would be out of work. If both sides quit supporting the Milk industry the Canadian industry would still fold up while the US side would probably decrease a lot due to the rising cost at the store. If you force people to pay more for something there will not be a need to buy it.
When you really start looking at what is imported and what is exported you will start getting a headache. For truly fair trade you have to produce something the other guy really needs. The US has been on the giving side when it comes to most of major manufacturing products that we export. Previous administrations have been giving, giving, and giving causing a downturn in the economy and jobs while allowing cheaper and sometimes very inferior products to come into our marketplace. This is something we have to turn around and having a businessman like Trump in office we have a chance.