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Tags Canada economy , nafta , US-Canada relations

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Old 17th May 2017, 06:05 AM   #321
The Don
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Originally Posted by logger View Post
This another rinse and repeat, how is it grandstanding?
Trump's using it to try and look like he's a tough international negotiator. Someone who wasn't grandstanding would have let the matter run its usual course.

Originally Posted by logger View Post
And how does it look like Canada is getting a better deal?
Trump's making a fool of himself and to save face will have to make concessions on lumber and dairy..
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Old 19th May 2017, 11:06 AM   #322
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Originally Posted by The Don View Post
Trump's using it to try and look like he's a tough international negotiator. Someone who wasn't grandstanding would have let the matter run its usual course.
Oh opinion, got it. No he's doing exactly what he should be doing to get a better deal. Your side just crys about everything he does, which has elevated it.

Quote:
Trump's making a fool of himself and to save face will have to make concessions on lumber and dairy..
No, actually he isnt. I'm sure it looks that way to people who are losing money in this. And certainly concessions will have to be made, that is compromise. 30 years in business, you should know how this works.
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Old 19th May 2017, 02:19 PM   #323
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Originally Posted by logger View Post
Oh opinion, got it. No he's doing exactly what he should be doing to get a better deal. Your side just crys about everything he does, which has elevated it.







No, actually he isnt. I'm sure it looks that way to people who are losing money in this. And certainly concessions will have to be made, that is compromise. 30 years in business, you should know how this works.


Yep, the US will make lots of noise, maybe go to the arbitration board again, and nothing will change.

NAFTA and the Canada-US Free Trade Deal have been too good to all parties overall to risk. Essentially the US is going to have to adjust its own business practices to compete in certain industries, or it's going to need to focus its industries in areas where it is competitive.
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Old 5th March 2018, 06:28 AM   #324
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Trump is playing games. He has no idea what a trade agreement is. It is simply a list of things to trade or exclude from trade.
https://www.cnbc.com/2018/03/05/trum...is-signed.html

He has, or someone for him, finally come out tostate some conditions:
”Mr. Trump has repeatedly said he would pull the U.S. out of Nafta if the partner countries don’t agree on a new version with mechanisms designed to balance trade in the bloc. The Trump administration is seeking to update the original labor provisions with stronger rules aimed at lifting the salaries of Mexican manufacturing workers, whom many U.S. officials blame for taking American factory jobs.”
https://www.wsj.com/articles/trump-l...ort-1520255435

But there is no mechanism to force balance of trade.
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Last edited by Tero; 5th March 2018 at 07:37 AM.
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Old 5th March 2018, 12:15 PM   #325
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Originally Posted by Tero View Post
Trump is playing games. He has no idea what a trade agreement is. It is simply a list of things to trade or exclude from trade.
https://www.cnbc.com/2018/03/05/trum...is-signed.html

He has, or someone for him, finally come out tostate some conditions:
”Mr. Trump has repeatedly said he would pull the U.S. out of Nafta if the partner countries don’t agree on a new version with mechanisms designed to balance trade in the bloc. The Trump administration is seeking to update the original labor provisions with stronger rules aimed at lifting the salaries of Mexican manufacturing workers, whom many U.S. officials blame for taking American factory jobs.”
https://www.wsj.com/articles/trump-l...ort-1520255435

But there is no mechanism to force balance of trade.
If Trump really wants to balance the trade deficit there is fairly simple solution. Create incentives for Americans to export capital and invest it in other countries. If there is a specific country like Mexico he things is selling to much stuff the US, target the incentives to be most attractive to invest in Mexico.
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