At 6/10/18 04:08 PM, lapis wrote:
Well, that G8 summit could hardly have been more of a disaster.
After all the sucking up to Trump that they've done, Macron and Abe, and to a lesser extent Trudeau, should wonder what they have to show for it.
i don't see the harm in bringing russia back. bring him in, so he's at the table instead of working outside it. keep hearing about ukraine, but they all did very little to actually stop it from happening.
The text in both of your links is actually fairly neutral, and acknowledges that even if you accept that Canada is running a trade surplus with the US, it is fairly marginal compared to total trade (around 3%).
i sought less controversial links, REALLY expected that to be picked up on much earlier. but it seemed, most posts were about jabs.
this has a fun little map
Regarding the drug prices, I think it is a moot point whether the USA's approach to the pharmaceutical industry really is something that other countries should adopt, especially when you take the ballooning healthcare spending in the US and overprescription of drugs like painkillers into account. However, I accept that it is much easier for other countries to exploit the US's model (which one might argue prioritises R&D over social welfare) than vice versa.
i don't believe anyone should adopt our approach, there's crazy profits in drugs, once they pass the R&D phase.
i think everyone else may have to pay a bit more, we should have to pay less, companies should have to settle with fewer cash cows. there needs to be much stronger negotiation on the part of the american public.
But in any case, I don't think that that's the only malpractice in international trade, think of tax dodging by US companies like Starbucks and Google and Airbnb for instance.
yes, helping other nations by operating there or being "based" in tax havens. we have some of the highest corporate tax rates in the world, at 35%.
i guess we'll just have to wait and see how the president handles that situation, because it's something he has spent time discussing, 15% or less has been an idea. he has even suggested a one time, bring it back tax free.
I propose the following grand bargain: Canada, Japan, the EU and other US allies pay more for US drugs, and in return American and any other international companies (tech or otherwise) get taxed on local revenue instead of profit.
i would like to see true free trade, not protectionism tariffs. not countries ratcheting up tariffs when they're called out for not playing fair.