User Tag List

+ Reply to Thread
Page 2 of 2 FirstFirst 12
Results 11 to 16 of 16

Thread: US, Canada reach agreement on new trade deal

  1. #11
    Points: 92,612, Level: 74
    Level completed: 15%, Points required for next Level: 2,138
    Overall activity: 3.0%
    Achievements:
    Social50000 Experience PointsVeteran
    Common Sense's Avatar Senior Member
    Karma
    931196
    Join Date
    Apr 2014
    Posts
    41,841
    Points
    92,612
    Level
    74
    Thanks Given
    14,236
    Thanked 16,117x in 11,350 Posts
    Mentioned
    544 Post(s)
    Tagged
    0 Thread(s)
    For someone who claimed NAFTA was a terrible deal, Trump just signed an agreement that looks almost exactly like NAFTA, except with a new name and some dairy changes.

    Canada lost a little with with regards to Dairy, but won with regards to the auto industry.

  2. #12
    Points: 138,403, Level: 89
    Level completed: 70%, Points required for next Level: 1,047
    Overall activity: 37.0%
    Achievements:
    Tagger First ClassSocial50000 Experience PointsVeteran
    stjames1_53's Avatar Senior Member
    Karma
    58246
    Join Date
    Apr 2016
    Posts
    50,624
    Points
    138,403
    Level
    89
    Thanks Given
    104,286
    Thanked 29,267x in 20,296 Posts
    Mentioned
    175 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Common Sense View Post
    For someone who claimed NAFTA was a terrible deal, Trump just signed an agreement that looks almost exactly like NAFTA, except with a new name and some dairy changes.

    Canada lost a little with with regards to Dairy, but won with regards to the auto industry.
    odd that he was against it to the point of not attending the talks, but begged to be let back in
    For waltky: http://quakes.globalincidentmap.com/
    "The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
    - Thucydides

    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
    Igitur qui desiderat pacem, praeparet bellum

  3. #13
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Another promise kept by Trump. Its not a great deal but it is a good deal. Its clearly a win for Trump. Concessions from Canada is what Trump wanted and got. Naturally the Lame Stream Media isn't to fixed on it and will hurry along to some more of the Kavanaugh Circus.

    I wonder if some had seen that Trump was using the Auto issue to check Mexico's growth?




    One or two cheers for Trump's trade deal.....


    President Trump scored a big win this weekend. No matter how wrongheaded he can be on trade — he recently described trade with the U.S. as a “privilege” for foreigners — no one can take this win away from him.


    Trump forced Canada to bow to his will and accept a new trade agreement that its government had resisted. Trump first settled it with a willing Mexican government, a trading partner whose economy is growing much faster and will matter much more in the near future. The Canadians were then forced either to capitulate or find themselves out in the cold with their noses pressed up against the window looking in at the party being enjoyed by others inside. Prime Minister Justin Trudeau, fearful of being cut out, cried uncle on Sunday night and accepted.


    Is the new deal better than NAFTA? Not by much, if at all. But it has certain advantages, and it’s more or less what Trump wanted, which means it's a win for him and a political promise fulfilled, even if the gains may prove chimerical.



    First, it closes one front in the world tariff war in which Trump had begun to seem stuck. The constant creation of new barriers to international trade, both by Trump and by other countries retaliating, threatened great harm to a national economy that has just started recovering from the policies of former President Barack Obama.


    Now Trump can start thinking about tariff de-escalation and devising plans for new trade agreements with Europe, Pacific nations, post-Brexit Britain, and perhaps even China.


    Trump has proven he wasn’t blowing smoke when he said he intends to open foreign markets to American crops. Farm voters, not just Rust Belt voters, have reasons to feel they can trust him.


    Third, Trump won concessions from Canada in the form of open markets for at least modest amounts of American milk products, eggs, and poultry. That’s a win, not as big as the Trans-Pacific Partnership would have been for the same products, but something.....snip~


    https://www.washingtonexaminer.com/o...mps-trade-deal
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

  4. #14
    Points: 92,612, Level: 74
    Level completed: 15%, Points required for next Level: 2,138
    Overall activity: 3.0%
    Achievements:
    Social50000 Experience PointsVeteran
    Common Sense's Avatar Senior Member
    Karma
    931196
    Join Date
    Apr 2014
    Posts
    41,841
    Points
    92,612
    Level
    74
    Thanks Given
    14,236
    Thanked 16,117x in 11,350 Posts
    Mentioned
    544 Post(s)
    Tagged
    0 Thread(s)
    Symbolism over substance, once again.

  5. #15
    Points: 665,303, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 84.0%
    Achievements:
    SocialRecommendation Second ClassYour first GroupOverdrive50000 Experience PointsTagger First ClassVeteran
    Awards:
    Discussion Ender
    Chris's Avatar Senior Member
    Karma
    433316
    Join Date
    Feb 2012
    Posts
    197,554
    Points
    665,303
    Level
    100
    Thanks Given
    31,984
    Thanked 80,905x in 54,720 Posts
    Mentioned
    2011 Post(s)
    Tagged
    2 Thread(s)
    Quote Originally Posted by Common Sense View Post
    For someone who claimed NAFTA was a terrible deal, Trump just signed an agreement that looks almost exactly like NAFTA, except with a new name and some dairy changes.

    Canada lost a little with with regards to Dairy, but won with regards to the auto industry.

    Dairy seemed to be a big deal with CA slapping import duties iirc 290% in cases. Dr. Who adamatly defended those tariffs.

    I didn't know CA manufactured automobiles. --I see, it's auto parts. If CA won, then that means lower tariffs on auto parts, meaning less cost to US manufactures and consumers.
    Last edited by Chris; 10-02-2018 at 08:05 AM.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

  6. #16
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Common Sense View Post
    Symbolism over substance, once again.


    In exchange, Canada will phase out its milk pricing system, which provided price supports to its dairy industry.


    "The top priority for America’s dairy industry in this negotiation has been for Canada to eliminate its program that allows low priced dairy ingredients to undersell United States dairy sales in Canada and in third country markets. As a result of the negotiation, Canada will eliminate what is known as its milk classes 6 and 7," the U.S. Trade Representative's Office said Monday.


    Dairy was one of the few issues not covered in the initial NAFTA deal, and Canadian tariffs on U.S. imports totaled as much as 300 percent. Industry lobbyists pushed the White House hard to try to undo Canada's protectionist policies, and Trump became a vocal supporter of their cause, often railing against Canada's policies in tweets. In a Sept. 11 interview on Fox Business White House economic adviser Larry Kudlow identified it as the key factor that was holding up a deal.


    "The rules attempt to curb Canadian exports of dairy products, and subsidized Canadian prices, which will be sold as giving US farmers greater access to world markets at fair terms," said Gary Hufbauer, a researcher at the Peterson Institute for International Economics. "However, Canada can claim to its dairy farmers that supply management is still alive and well."


    https://www.washingtonexaminer.com/p...rade-agreement
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts