NAFTA negotiations

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JimDandy

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I am going to start with my personal opinion that Trudeau and company have done a good job in so far as they have not let Trump bully them into a bad deal. It appears from the latest news that Trump did manage to bully Mexico into a poor deal. But the very latest news is that the incoming Mexican president has let Trudeau know that he will insist to the US that NAFTA remain a 3 country agreement. This is good news and will put Canada back in the driver's seat.

https://www.cbc.ca/news/politics/trudeau-obrador-phone-call-1.4843611

JD
 
80watts

80watts

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It should be all 3 countries. After all the land routes will go through the US. Sad it would be for the 3 countries to make a different deal with each country.

The problem is that Trump has been hoping to seal the deal before the November elections, hence his ineffective tweets calling out Canada and its negotiators in order to put pressure on.

Now that it appears the republicans have thrown away the women's vote for the fall elections with the kavanough controversy, democrats might get the upper hand in both houses.....
 
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Cognoscente

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JimDandy said:
I am going to start with my personal opinion that Trudeau and company have done a good job in so far as they have not let Trump bully them into a bad deal. It appears from the latest news that Trump did manage to bully Mexico into a poor deal. But the very latest news is that the incoming Mexican president has let Trudeau know that he will insist to the US that NAFTA remain a 3 country agreement. This is good news and will put Canada back in the driver's seat.

https://www.cbc.ca/news/politics/trudeau-obrador-phone-call-1.4843611

JD
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The latest news is that Mexico said they will sign by Oct 01st,no matter what Canada does. Financial Post said today,that the USA said, "Either we sign by Oct 01st or we get auto tariffs. The USA is drawing up those tariffs as we speak under 232. The USA is dead serious about this and that is why Freeland moved her UN speech to Monday. It has become so frosty that we are not meeting face to face but doing this from Ottawa under conference call
 
badbadboy

badbadboy

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Cognoscente said:
The latest news is that Mexico said they will sign by Oct 01st,no matter what Canada does. Financial Post said today,that the USA said, "Either we sign by Oct 01st or we get auto tariffs. The USA is drawing up those tariffs as we speak under 232. The USA is dead serious about this and that is why Freeland moved her UN speech to Monday. It has become so frosty that we are not meeting face to face but doing this from Ottawa under conference call
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#45 can't do it with the stroke of a pen.

It will require support of Congress and Senate.

Numerous Red state politicians have already stated their support for Canada. #45 needs their support to cancel NAFTA. US Corporation execs have been lobbying them to stand down on tariffs on Canadian imports. Ford stated some cars will cost Americans $6000 more with these duties.

I like how Canada is not being pushed around by this Dotard.
 
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Cognoscente

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badbadboy said:
#45 can't do it with the stroke of a pen.

It will require support of Congress and Senate.

Numerous Red state politicians have already stated their support for Canada. #45 needs their support to cancel NAFTA. US Corporation execs have been lobbying them to stand down on tariffs on Canadian imports. Ford stated some cars will cost Americans $6000 more with these duties.

I like how Canada is not being pushed around by this Dotard.
Click to expand...
He can do a 232 tariff without Congress. The steel and aluminum are 232 tariffs. Twenty five percent tariff on auto is the death star for us and be the start of a very difficult time.Only 32% of American owned car companies produce autos in the USA. That is down from around 45% ten years ago. With their lower corporate taxes and now able to write off capital costs in one year, many USA companies are heading home. If auto tariffs came in, I would wager within 18 months, most USA owned auto factories would close in Canada and move to the USA.
 
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JimDandy

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Cognoscente said:
He can do a 232 tariff without Congress. The steel and aluminum are 232 tariffs. Twenty five percent tariff on auto is the death star for us and be the start of a very difficult time.Only 32% of American owned car companies produce autos in the USA. That is down from around 45% ten years ago. With their lower corporate taxes and now able to write off capital costs in one year, many USA companies are heading home. If auto tariffs came in, I would wager within 18 months, most USA owned auto factories would close in Canada and move to the USA.
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What you say may well be true, but I just don't see it happening. I think that all of the senators with car manufacturing in their state would pay to have someone assassinate Trump before that would happen. Between the time when the tariff started and the new factories came on line, many thousands of factory workers would lose their job and those senators would lose their jobs as well. And besides, Canada can do some real damage back as well by no longer honoring pharma patents, etc.

JD
 
westwoody

westwoody

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Trump's philosophy is always win in a deal, he does not go for deals where both sides come out ahead. Trump has to beat the other side, he has an adversarial mentality.

His strategy is to isolate other parties. Look at NATO, APEC, WTO, even in domestic politics, he shuns multilateral deals in favour of one on one deals. He will not deal with the EU but wants to deal directly with individual countries. That means the USA is a dominant player in any two way negotiation. Divide and conquer.

The main sticking point is arbitration. Instead of the current dispute resolution process, Trump wants the USA to be the sole judge of what is fair.
That is absolutely not fair!
 
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nightswhisper

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westwoody said:
Trump's philosophy is always win in a deal, he does not go for deals where both sides come out ahead. Trump has to beat the other side, he has an adversarial mentality.

His strategy is to isolate other parties. Look at NATO, APEC, WTO, even in domestic politics, he shuns multilateral deals in favour of one on one deals. He will not deal with the EU but wants to deal directly with individual countries. That means the USA is a dominant player in any two way negotiation. Divide and conquer.

The main sticking point is arbitration. Instead of the current dispute resolution process, Trump wants the USA to be the sole judge of what is fair.
That is absolutely not fair!
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Well-put. Couldn't have said so better.
 
A

Abbott_

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* The Deal *

A Husky Loonie and cheap, deep-fried , cheeze.

______________:panda:

But they better-not dick with the Beer !
 
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J

JimDandy

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Abbott_ said:
^
'Blinking' was part of the Deal.

[ what does #47 know-from Drama ? ]​

______________________:photo:

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LOL . If Canada only gave up dairy wise what they had agreed to give up to US with the TPP agreement that Trump walked away from when he came into power, then from my point of view it is a huge win for Canada. Retail Canada will likely be unhappy because rumour has it that we will now be able to buy electronically from the US $100 duty free, when previously the limit was $20. Since I am not in retail and do buy online, this is something I have no problem with :)

One huge give on Canada's part is that NAFTA will have a new name - I am joking of course about it being a huge give. Who cares what it is called?!?! Now I suppose Trump can say he got rid of NAFTA lol. I suspect privately the Canadians will now be calling NAFTA "WeFuckedTrumpInTheAss".

JD
 
80watts

80watts

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Different tittles....
USMCA- United States Marine Corps A

USCMA-

MUSCA -

NCUSA- No Cuba

CMUSA -Country Music awards

CUSMA
 
C

Cognoscente

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What Canada had wanted was an exemption from any future use of 232 tariffs. That did not happen. The 232's do not require approval from the House and the Senate. Considering what we gave up, and that we had a gun to our head( auto tariffs under 232) we did okay. It's better to this deal in place,than to have no deal in place as business investors were sitting on the sidelines wondering what sort of business arrangement we were going to have with the USA. The 232 tariffs remain on our steel and aluminum. Plus, he still can pull out these 232 tariffs down the road. The dairy we gave up is only around 3.7% which is up from the 3.2 we were going to give up on the TTP.
 
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