Amazing how the G7 kibitzers (and their elitest clones in the media) got all bent at Trump simply telling the truth about tariffs and other trade barriers.
“Trump is right that most countries protect their agricultural industries with tariff and non-tariff barriers. (The EU’s ban on GMO crops is an example of a non-tariff barrier that is rational only as an act of protectionism.) The U.S. has the most efficient agricultural sector in the world, and since most countries can’t compete with our farmers, they erect trade barriers. How is this any different from our imposing tariffs on steel or automobiles? It isn’t.
“Does Canada actually impose a 270% tariff on American dairy products, as Trump keeps saying? Yes, it does, according to the Canadian Broadcasting Company:
Canada levies a tariff of 270 per cent on milk, 245 per cent on cheese and 298 per cent on butter in an effort to keep imports out and tightly control supply.
“So Trump is right. A world without tariffs is a desirable goal, but a world in which the U.S. has no tariffs, but other countries erect barriers to our products, is not.”
But the G7 bigwigs meet to party, not to tell the truth. And truth-tellers are not welcome. Especially not in the snooze media. It interrupts their snoozing.
Via Power Line Blog