TRUMPED: US, Canada, And Mexico Defy Skeptics And Rewrite NAFTA Trade Deal

The United States and Canada forged a last-minute deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century.

In a big victory for his agenda to shakeup an era of global free trade that many associate with the signing of NAFTA in 1994, President Donald Trump coerced Canada and Mexico to accept more restrictive commerce with their main export partner.

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Hawk - 10/1/2018 11:19:50 AM

-11 Boost

Good news for Canada. The schoolyard bully only stole half its lunch money.

xjug1987a - 10/1/2018 11:38:27 AM

+12 Boost

Whats good for America is good for the world. Only nation in the history of the world to conquer the world to free it. MAGA! Hawk, take a long flight off a cliff DB...

xjug1987a - 10/1/2018 2:06:48 PM

+8 Boost

Was someone mean to you? Was someone unkind? When we have sent $13T overseas due to trade, standing up for our citizens and looking out for our kids and taxpayers like every other country does, THAT makes us “bullies?” No but it makes you a wimp, and more...

MDarringer - 10/1/2018 6:42:47 PM

+1 Boost

@FAKMD Standing up for the USA as the President is NOT bullying. Do you even know what bullying is?

qwertyfla1 - 10/1/2018 11:46:37 AM

+3 Boost

I'm glad this shit show poker game is finally over and behind us. Now the US can focus on the REAL threat -China with all the dumping tactics and currency manipulation.

scenicbyway12 - 10/1/2018 3:58:54 PM

-1 Boost

Well expect car prices to go up and selection to get smaller.

qwertyfla1 - 10/1/2018 7:49:13 PM

+1 Boost

-runbuh

Nice to see some intelligent commentary based on facts...The $16/hr covenant was a Canadian idea to help hedge factories from going to Mexico and for the Northern Amigos to be more competitive. The total cost of cars produced is roughly 5-6% manpower so I don't see a huge cost increase like others have suggested.

Most production is done via automation anyways so the biggest cost factor would be electricity costs which will screw Ontario over thanks to our disastrous, failed Green Energy Plan that has gutted our once manufacturing powerhouse status to a fraction of what it once was and those factories aren't ever coming back. The southern states will continue to benefit here with cheaper labor, taxes, electricity and right to work laws. I'm sure the UAW will eventually find a way to get into Mexico and fuck that up too.

Yes this doesn't kick in for a while but I think Trump has bigger targets to focus on now and frankly USMC/NAFTA or whatever alphabet soup you call it is too big and vital to all our economies to dredge back to the negotiating table. Hopefully this will be the last thread on the issue so we can all get back to bitching about cars ;-)

qwertyfla1 - 10/2/2018 7:14:56 AM

+2 Boost

FAQMD

It was a Canadian suggestion early in the negotiations last year with other asinine demands like Gender Equality, Indigenous Rights and the suggestion to abandon Right to Work Legislation. Imagine that uppity asshole "Peoplekind" Trudeau telling the US how to run their country just like China, Saudi Arabia etc. All hail King Trudeau.

MDarringer - 10/2/2018 8:10:34 AM

+6 Boost

Right to work needs to be the law of the land and all unions need to be banned from any and all political action with their activities constrained solely to negotiating contracts and workplace conditions.

Truthy - 10/2/2018 10:49:21 AM

+2 Boost

This agreement is not structurally different than the previous. The IP protection needed to be updated, but the notion that this type of negotiating is good in the US for the long term is ludicrous. Beware the rule of unintended consequences. More cars will be built outside the US instead of being exported from the US.
The TPP effectively curtailed China IP infringement. Now this guy withdrew and put us in a weaker position. Sad.