The Art Of The Deal: Trump May Cut Canada Out Of NAFTA

Canada is so superior in every way, they don't need NAFTA or us. In fact, their economy would quintuple if they got kicked out of NAFTA.

I suspect Trump is about to give Trudeau a real ass kicking for being a two-faced snake.

It would not surprise me if Trump cuts a sweetheart deal for Mexican oil and manufacturing to get a commitment from them on immigration.

I agree 100%. Trump will not beg Canada to play on the playground. If they can't agree then he will cut them out.

For a bunch of Americans, you guys don't seem to know the drill and how politics works in your own nation. Big firms fund Congressional and Senate races to own politicians and get them to do their bidding. So does the NRA. GM, Ford, FCA, Boeing etc. all have people they call on to get things done. If you think for one second the USA MFG sector with plants and suppliers across Canada, USA and Mexico want ANY disruption to NAFTA or any radical changes in tariffs on finished goods or parts, you are completely missing the point. NAFTA is a trilateral agreement between 3 nations, it will remain so and be signed by all parties in the fall. This is a smoke show to distract people from the Russia press conference mess and the ever-tightening noose of the Special Counsel investigation.

CC you are making a critical assumption that Trump is a politician and behaves within their norms. He isn't and has no interest in politics as usual. That is what is so frustrating to the US and world's status quo crowd. He plays by a different set of rules. His base is the American worker and their families, not the corporations you mention. He could pull the USA out of NAFTA and do a mini-NAFTA with Mexico, especially if Mexico raises its wage rates as their new president wants to do. With the exception of the Pacifica don't most Canadian plants make sedans, the very vehicles now declared obsolete?

@Vette71 - Actually we seem to have more CUV production than cars these days. You can see the list here. Ford, GM, FcA, Honda and Toyota all make vehicles in Canada for consumption in North America but also some world vehicles too.

https://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/am00767.html

Putin must have told him to do so during the surrender negotiations.

Typical Trump...knock them back on their heels then throw them a life line to save face while he wins the day with a good deal for USA.

The reason world leaders do not know what to do is that they've never run a business. The reason Trump is successful as a world leader is that he is a ruthless businessman.

And before anyone trots out the bankruptcy word, anyone who knows anything about business knows that a clever bankruptcy declaration can be a money maker.

MDarringer, "a clever bankruptcy" is a sign of failure and a near con. It is not a money maker for all the people DD owes money to. If it is a money maker, then why will no US banks loan him money. No well-known successful businessman is known for his bankruptcy.
This is how the Russians own DD by funneling money through Deutsche Bank through their personal banking arm, not the commercial banking arm which would be the normal path but requires more documentation.. You will be able to read all about it in Mueller's final report.

MD, what do you know about business? Explain to me how a bankruptcy can be a "moneymaker."
You guys are as much sycophants for Trump as he is for Putin.

("Failing is good" - MDaranged)

Bankruptcy is a 100% legal way to shelter assets and shed debt.

You clearly know nothing about finance.

You don't want to know anything about finance.

You just want to do your pounce and shout ad hominem attack.

The irony is that you seem completely unaware as to how you've been indoctrinated. That makes you deranged.

If you were serious about this question: "MD, what do you know about business?", your response would have ended there.

This: "Explain to me how a bankruptcy can be a "moneymaker."You guys are as much sycophants for Trump as he is for Putin. ("Failing is good" - MDaranged)" shows that you did not want an answer to your question. If you ask a question, you wait for an answer. Editorializing as soon as you have asked a question means that you have a "correct" answer you want to put out.

If that is the case, then you don't need to ask the question in the first place.

I separated these responses because I know your brain cannot multitask let alone be genuine.

This is not truly an automotive subject and does not belong here.

Having said that - it is clearly a shame just how far from reality Matt had rapidly progressed to.

#impotent #UR

Still, MDaranged, you have not provided an answer back. How is bankruptcy a money maker? Can it save save you from paying money you owe?

You are not able to provide an answer thus you resort to insults.

So, what do you know about business or bankruptcy?

Let's try this again.

Your question is: "How is bankruptcy a money maker? Can it save save you from paying money you owe?"

I have already answered that above so go back and read carefully.

This is an example of you YET AGAIN not waiting for the answer: "You are not able to provide an answer thus you resort to insults." Which means you aren't interested in the answer.

If you were genuine, you would pose a question without your editorials. Your response to the response would similarly not be editorial, but would stay solely on the merits of the discussion.

This is another question: "So, what do you know about business or bankruptcy?"

My answer: Business is my business. I'm ruthless in the pursuit of turning profits.

At one point I was handed the task of figuring out what to do with 7 small body shops owned by one person--all of which were losing money. Taking them into bankruptcy dealt with the debt. The assets were sold off for cheap to a third party. Those assets were then consolidated into one operation. Nearly all of the employees were saved. Because of the consolidation--and modern business accounting and management--the operation is now a moneymaker.

That operation now does a major amount of flipping older cars where the net profit is comfortably around 100% (i.e. sales price being double acquisition + renovation cost). That is in addition to the lucrative insurance work that comes from walk-in customers and dealers.

Back when the finance industry was imploding on home mortgages, I bought houses outright for cheap from banks, and popped them out as rentals. The houses were in the path of a planned freeway expansion, so two years ago when the path was being cleared for construction of the freeway, I was able to get market value which was considerably more than what I paid for them. The renters easily covered the mortgages. Sure, I had to sit on the assets for a while, but whatever goes down in real estate eventually goes back up.

And so on.

@Truthy Out of curiosity, what do you do for a living?

Divide and conquer and that is what Trump is doing. Canada had a chance to cut a deal with Murica this spring but our asshole Trudeau insisted it include Mexico or nothing -fucking retard. This is what happens when you elect a boy to do a mans job. Sure Mexico will hold out for us to do a trilateral deal -yeah sure!

We (Canada) are fucked with our incompetent administration and we are going to get an ass raping like never before by Trump whom is a master negotiator. We deserve this for electing a Leftard government in the first place. MAGA at the expense of Candada -thanks Trudeau you moron!

Trudeau's biological father wasn't exactly from the brain trust, no was his father.

Art of the Deal: 6 bankruptcies in the book for Donald Trump - one more to go: MAGA -> MAB (Make America Bankrupt).

Trump is no doubt living like a rich man - a welfare king living off tax loopholes and financial irresponsibility. Pity his base who blindly believe in his demagoguery.

1991: Trump Taj Mahal
1992: Trump Castle Hotel & Casino
1992: Trump Plaza Casino
1992: Trump Plaza Hotel
2004: Trump Hotels & Casino Resorts
2009: Trump Entertainment Resorts

https://www.thoughtco.com/donald-trump-business-bankruptcies-4152019

If it's legal, use it. If you don't like the law, change it. Bitching for the sake of bitching makes you an idiot.

You and your companion patriots have been bitching about Tesla from taking tax incentives and loans that they paid back early in full - so what does it make you ? twice the idiots ?

Trump is so proud of his business prowess, but in reality he's just a scumbag sucking off the corporate tax loopholes - just a legal way to cheat. Not exactly what you want to brag about.

FYI, I don't bitch about the laws that were designed to protect honest business people. But the like of Donald Trump who lives off the loopholes should remain under the rock like a parasite rather than exposing himself as something to be proud of.

If you, MDarringer, are doing shady business, then that applies to you too.

legal isn't shady. Buying houses to flip isn't shady. Using a lawful means to protect the jobs of several dozen employees isn't shady.

Illegal is shady. Just ask Hillary.

I find it funny how the Alt-Left fascist-socialists are against every conceivable parameter of morality UNTIL the bee bee in their boxcar brain tells them to use it against another person. #hypocrisy

So, can you say with a straight face that the Clintons, the Obamas, Pelosi, Waters, Feinstein, Warren, and Schumer are 100% above board and not shady?

Do you ever fudge on your taxes because a loophole allows you to? If so, you're a hypocrite.

MDarringer: strike 2 - swing and miss.

This has nothing to do with politics. I was reminding people that Donald Trump is nothing more than a scumbag who takes advantage of the system - not illegal but not ethical either. For the record, I despise both the Trumps and the Clintons for their dishonesty and demagoguery. They live off people like you who rely on political allegiance rather than morality and common decency.

Legal and Ethical are two different things. What Trump did with his businesses may be legal (I would leave that to the IRS to determine), but doesn't mean that it's ethical. He is selling his "success" but reality tells a different story.

As for taxes, I can be anything but never a tax cheat - even if through loopholes. My sources of income are through work and stock trades, taxes are paid at maximum rates. My tax deductions are simple: state and local taxes, charitable donations. All my records are true and correct to the penny. Come 2018 tax filing, that will become even simpler - my itemized deductions will be replaced by standard deductions thanks to the new law from our friendly GOP.

If I get strike three, will you shut up and leave me alone?

If you're not using the tax code for your benefit, you're an idiot. Unless you're on welfare, you work too hard for what you pay in taxes not to do everything to get the most back.

It appears money is the end for you. For that, you get strike 3 and I am truly sorry for you.

Money provides the life that my family deserves and they have an excellent life.

Money provided me with an excellent education.

Money has allowed me to travel and do some amazing things.

Yup. It's all about the money.

But thank you for promising not to speak to me again, or will this be a CarlosasshatterV2.0 kind of thing?

Crack that whip Putin! Canada and US should have terrible relations, trade disputes etc... got it? Yes Master.

MD, I applaud your accomplishment is turning a failing business into a profitable one - no small tasks. But trump inherited a huge empire and made it smaller. He had to declare bankruptcy twice due to his poor strategy, poor investments and his new ill-conceived ventures. When you declare bankruptcy on the vast sums he owed, he screwed banks, contractors, small businesses. Yet he still wants to live like a billionaire so he borrows money from Russia through a foreign bank.
He still has his name on a lot of buildings, but he now owns very few of them. He is compromised.
However, democrats have to stop dreaming about impeachment. It won't happen and there are better ways to handle politics. Like, have ideas and candidates that attract voters. Hillary was a deeply flawed candidate. Remember her "running from bullets" on some airfield when she was SoS.

@Truthy

Thank you for the small accomplishment of your compliment.

I have exercised a "put" clause in several dealerships I was handed because both were headed for nosedives and the owners refused to see it. I took my money. I was called an idiot. One business is no more and the other had a massive two-year downturn.

In my neck of the woods real estate is very lucrative. I've purchased land--where possible--along the corridor of the freeway project that will be attractive to future developers.

I'm not in any one "spot" and have several irons in the fire locally and one down in Orange County oddly enough.

Trump isn't my financial icon. I went to bed back in 2016 certain the Hillary won and was shocked and awed when Trump won.

My point is that because he knows how business operates and that government is a business that he has the potential to be more successful that the lawyers who typically make up politicians from both sides of the aisle.

As for Democrat strategy...

Impeachment won't happen and harping on it strengthens Trump.
Calling for the dismantling of ICE hurts Democrats and helps Trump.
Environmental issues--at this time--ironically/paracoxically hurt Democrats and help Trump.
Schumer, Pelosi, Warren, Waters, Feinstein, the Clintons, the Obama hurt the Democrats and strengthen Trump.
Pushing socialism hurts Democrats hand helps Trump.
Mueller hurts the Democrats and helps Trump.

In essence, what the Democrats are doing isn't gaining traction yet they keep on doing it.

The Democrats need a young, moderate, "star" who speaks carefully and who never engages in hysteria like Waters and Pelosi and who speaks intelligently and only about protecting the financial stability of the American middle class and being unrelenting on terrorism.

This young star should not run against Trump but against Pelosi, Waters, Feinstein, Schumer, Warren, the Clintons, and the Obamas and accuse them of subverting the great Democrat Party.

Essentially "I'm an outsider here to save my party from ruin."

That is PRECISELY the tactic Trump used and continues to use because it works.

I really think that the Democrat sweep in November may not happen and in fact the opposite.

The ICE/immigration ranting has a massive potential to backfire in big states like California where wDemocrats polled are against dissolving ICE and want immigration cracked down on. Yet the party acts otherwise.

It's been a pleasure chatting.

#45 doesn't have the power to "cut Canada out of NAFTA." He only has the ability to remove America from the agreement. Canada and Mexico can, and will, choose to continue enjoying a free trade agreement amongst themselves, without the good o' USA's participation.

Mexico has zero interest in Canada and will cut a deal to not lose its advantages in the American market.

@TheSteve - Correct. Just like the USA dropped from the TTP but Canada and others signed on. Sovereign nations drive their own bus. What really should be happening is a free trade agreement that spans from the Arctic in Canada to the tip of South America in Chile. That would be the goal I would have for this round of discussions.

MD, I agree with your assessment of the democrats. Impeachment is not a strategy nor anything to run on in the election. They are still repeating the same tropes for decades. What they missed - and Hillary missed spectacularly - is all politics is local. If you job is in danger or income, it is your number one concern.
My concern is there are currently no young stars. The republicans have a deeper bench. The most articulate and well authored concerns about Trump have come from Republicans.

Those Republicans would be wise to keep their traps shut. Paul Ryan's career is dead and buried due to his opposition to Trump and just 6 short years ago Ryan was a rising star.

I really think the Democrats have screwed themselves over pandering to the unhinged Alt-Left atheist/fascist/socialists just as decades ago the Republican party nearly imploded itself by overly pandering to the Moral Majority/Christian Right.

But the sooner they get Pelosi, Warren, Waters, and Schumer to STFU and get out of the way the better off they will be rhetorically as a party.

The Democrats have become the outrage-of-the-moment party. "We're angry about the NoKo summit...now we're angry about the Stormy Daniels affair...now we're angry about kids of criminals being taken from them at the border...now we're angry about the summit with Putin...now we're angry about..."

Because there is only anger and no calm, logical, reasoned, intelligent clarity the Democrats look unhinged.

But BECAUSE OF THAT the Republicans do not have to offer any substance to what they say. All they have to do to win in wave their index fingers around their ears and roll their eyes.

What Democrats don't get is that all the Chihuahua yapping they are doing merely reinforces that Trump is an outsider/hero in Washington to drain the swamp and the drama is solely because they swamp dwellers don't like it.

They are strengthening Trump.

I'd love for a news channel to step out of the National Enquirer mode and report facts without editorials. If you look at old YouTubes of someone like Walter Cronkite, you see straight-ahead factual reporting whereas today the "factual" reporting is largely editorializing.

FoxNews hides that better than CNN, but they both do it.

@Truthy, Hillary won the popular vote by 3M and lost the electoral vote by 80,000 votes. There was no spectacular. Mind you a lot of Americans voted for a guy unfit for office over proven Governors. Americans have done much better with Dem's than the GOP in the last 100 years from what I can see. November will be very telling and 2020 will be a reckoning with record turnout and a big vote from the center of the political spectrum.

Spot on. News is not so much biased (which it can be as long if they are factual) but looking for sensationalism. On one of the morning news shows last year they ran down a list of headlines, foremost the war in Syria, and then said, "but first" and ran a story on the Kardashians.
This tabloid news led us to a tabloid president.

I watch Fox, but because (1) I have a brain in my head, (2) was a champion debater in high school, and (3) have an education, I can cut through the illogic and sway. I roll my eyes.

CNN pisses me off because their tactics of leading people down a path are so transparent and egregious that people should be appalled, but the populace is too stupid to see it.

Obama was just as tabloid though. When he elevated Trayvon to sainthood...just sayin'

Trayon didn't have a criminal record prior to his death. The person that killed him had 3 mugs shots at that time and collected 3 more mugshots since. So who was really the thug? Only in america where the kid without a jail record is the "thug" while the adult who killed him and has a arrest record is the "hero".

No criminal record no arrest record. But Fox news can turn that person into the villain while the person who killed him, sexually abused his niece, arrested for assault, fox news can turn that person into a hero.

And CNN and MSNBC don't? Stop being a hypocrite.

Trayvon most decidedly DID have criminal activity in his past.

https://www.wnd.com/2013/04/police-buried-trayvons-criminal-history/
https://www.thenewamerican.com/usnews/crime/item/16047-trayvon-martin-was-no-innocent
https://www.miamiherald.com/news/state/florida/trayvon-martin/article1951821.html

His true criminal profile was not immediately made public because of the "blacks are incapable of doing anything wrong" mentality to avoid being called racist if you tell the truth on black violence and black crime data.

But again, you've been hanging out with the Black KKK too long obviously.

What about white violence and white crime data? No race has murdered more folks than white folks. No race put up "This race only" signs other than white folks. On a government level no less. Whites even had state sanctioned racism as a part of the legal system with Jim-Crow laws. Of course the crime statistics will be skewed when you are dealing with that type of populous.

No race hung up folks from another race in the middle of the town square with women and children pointing and laughing at the dead body. This was done in normal american towns, truly sickening. Please spare me. And you talk about the KKK? The KKK still being able to exist should tell you everything you need to know about AmeriKKKA.

While were at it, Stop shooting up malls, Movie theaters, casino's, and schools. This white-on-white crime has got to stop. And please don't bomb the hell out of each other at another marathon, please.

I forgot about Churches. You shoot up those too.

You are
#Racist
#Bigoted
#Intolerant
#Triggered
#Unhinged
#PounceAndShout
#IllogicalReasoning

PER CAPITA blacks are BY FAR the most violent culture in the USA. Whites, Latinos, and Muslims are nowhere near the level of violence of black culture.

But hey, at least we know what you are.

If you live in a glass house don't throw stones. How is it possible for you to be so disconnected from reality? Your crap stinks like everyone else if not worse. Per Capita whites have murdered the most world wide. It isn't even up for debate. You came to america, killed off the natives, attempted to kill them off by giving them blankets laced with polio, the ones you didn't murder you put in "reservations". Murdered millions of buffalo because the native depended on them. You conquered land by force and murder. That is a horrible history. lol!!

Whites Latinos and Muslims are no where near the level? Has their skin color even been demonized? Also, Latin and Muslim countries are among the most violent in the world.

Call me whatever you want buy hypocrite isn't one of them. I can go on for days about all the foul crap your race has exclusively done. I know who I am, But you refuse to see who you are and what the hell your race has done. Next time you will think twice before acting like you crap doesn't stink.

Racist? How so? You really like to project
Bigoted? Nope that's you
Intolerant? Am I supposed to tolerate racist white amerikkka?
triggered? Nope, I guess that's what you call folks who call out your B.S. Next time I wont be triggered and allow you to keep spewing your racist bile.
unhinged? Is this a mind trick? You think folks aren't going to call out your b.s because you say that they are unhinged? lol

And not even wasting my time with the rest. You obviously subscribe to the racist journal because all of you say the same old flawed, old, talking points.

Sorry, It was small-pox that the colonizers laced the blankets with.

Show me black folks shooting up malls, schools, movie theaters, churches, and casinos. I can show you tons of white folks doing that crap.

Also 9/11? was that done by blacks? Nope it was Muslims. lol!!

This: "Show me black folks shooting up malls, schools, movie theaters, churches, and casinos. I can show you tons of white folks doing that crap." is illogical argumentation/refutation.

Blacks are 13% of the population and commit by far the majority of murders of all people but especially other black people.

Your "fact" doesn't prove your premise that whites are more violent. ALL of the data shows that blacks are overwhelmingly violent.

You may not like the data so you'll probably throw the race card and spit on people like Whoopi Goldpig.

As for Muslims, the data shows you're infinitely more safe around Muslims than black people. In fact, you're safer around Muslims than you are around Latinos or Whites.

But for the record, you're being racist.

You may not like the data, but the data has proven you wrong.