CitizenVectron Posted September 26, 2018 Share Posted September 26, 2018 Don't have a link at the moment, but leaks out of the Canadian team indicate that the Americans have made it clear that they want Canada out of NAFTA completely, and no deal will be acceptable to the US. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted September 26, 2018 Share Posted September 26, 2018 I see Trump is working really hard to boost Democrats' poll numbers. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted September 26, 2018 Share Posted September 26, 2018 8 minutes ago, Greatoneshere said: I see Trump is working really hard to boost Democrats' poll numbers. This will have no discernible impact on polling data. Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted September 26, 2018 Share Posted September 26, 2018 1 minute ago, SFLUFAN said: This will have no discernible impact on polling data. It's not helping his own case, is what I meant, but yes, I agree with you. Quote Link to comment Share on other sites More sharing options...
Jason Posted September 26, 2018 Share Posted September 26, 2018 2 minutes ago, SFLUFAN said: This will have no discernible impact on polling data. No, but car prices going through the roof will. Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted September 26, 2018 Share Posted September 26, 2018 In the near future: Canada-China Free Trade Agreement. Brought to you by the disintegration of NAFTA. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted September 26, 2018 Share Posted September 26, 2018 Why did they do a deal with Mexico if they wanted to keep Mexico out? Is this part of the them building the wall deal? Quote Link to comment Share on other sites More sharing options...
Jason Posted September 26, 2018 Share Posted September 26, 2018 4 minutes ago, Keyser_Soze said: Why did they do a deal with Mexico if they wanted to keep Mexico out? Is this part of the them building the wall deal? Because Trump is a fucking moron who only likes bilateral agreements. Quote Trump’s view of the economy is a 20th century one, Cohn complains in the book–images of locomotives, smokestacks and assembly-line workers. Cohn every month would show Trump statistics from the Bureau of Labor Statistics showing droves of people returning from manufacturing jobs or leaving manufacturing jobs voluntarily for service jobs. Trump would not believe the statistics. Cohn, reports Woodward, asked Trump, “Why do you have these views?” Trump answered, “I don’t know…I just do. I’ve had these views for 30 years.” https://www.forbes.com/sites/davidkiley5/2018/09/12/woodward-trump-painted-as-out-of-touch-on-autos-trade-and-unreachable-by-key-advisers/#438f2e554e8c Quote Link to comment Share on other sites More sharing options...
chakoo Posted September 26, 2018 Share Posted September 26, 2018 Buckle up, things are going to get more expensive for both sides. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted September 26, 2018 Share Posted September 26, 2018 Well, I hope my car lasts a few more years. It's paid off so I don't plan on buying again soon but still. Quote Link to comment Share on other sites More sharing options...
Jason Posted September 26, 2018 Share Posted September 26, 2018 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted September 27, 2018 Author Share Posted September 27, 2018 Not surprisingly, since this trade battle has begun Trudeau's numbers have risen in Canada, placing his party back on top of the Conservatives. To make matters worse for the Conservatives, a popular MP from their party (who almost won leadership last year) has left to start a new right-wing party devoted to true free trade (no supply-side management, which is common in Canada) and will likely siphon away a few %. Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted September 27, 2018 Share Posted September 27, 2018 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted September 29, 2018 Author Share Posted September 29, 2018 Maybe not dead! Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted September 29, 2018 Author Share Posted September 29, 2018 Looks like Canada gave in on one big demand: American access to Canada's dairy consumer market: This is big, as dairy is a supply-managed industry in Canada with big political power in Quebec. Quote Link to comment Share on other sites More sharing options...
chakoo Posted September 29, 2018 Share Posted September 29, 2018 Boo... they better have equally got something for it and not just because. Quote Link to comment Share on other sites More sharing options...
SilentWorld Posted September 29, 2018 Share Posted September 29, 2018 This is a terrible mistake. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted October 1, 2018 Author Share Posted October 1, 2018 Apparently a deal has been made by negotiators, and now both countries need to agree to it. The Canadian cabinet is meeting tonight and will have an unprecedented vote on it, rather than just the Prime Minister agreeing to it. I expect that Trump will just reject it for giggles. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted October 1, 2018 Share Posted October 1, 2018 8 minutes ago, CitizenVectron said: Apparently a deal has been made by negotiators, and now both countries need to agree to it. The Canadian cabinet is meeting tonight and will have an unprecedented vote on it, rather than just the Prime Minister agreeing to it. I expect that Trump will just reject it for giggles. Wouldn't this need to be approved by the Senate? @SFLUFAN Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted October 1, 2018 Share Posted October 1, 2018 48 minutes ago, CitizenVectron said: Apparently a deal has been made by negotiators, and now both countries need to agree to it. The Canadian cabinet is meeting tonight and will have an unprecedented vote on it, rather than just the Prime Minister agreeing to it. I expect that Trump will just reject it for giggles. Washington Post just reported that Canada agreed to the deal. https://www.washingtonpost.com/business/economy/us-and-canada-closing-in-on-a-new-nafta-deal-as-deadline-looms/2018/09/30/2ef72018-c50b-11e8-b1ed-1d2d65b86d0c_story.html?utm_term=.bacdb5e38a87 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted October 1, 2018 Share Posted October 1, 2018 48 minutes ago, b_m_b_m_b_m said: Wouldn't this need to be approved by the Senate? @SFLUFAN I would imagine so! Quote Link to comment Share on other sites More sharing options...
Jason Posted October 1, 2018 Share Posted October 1, 2018 Good job bringing a self-made crisis back from the brink! MAGA, President Deals! 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted October 1, 2018 Share Posted October 1, 2018 Bagged milk for all Americans! Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted October 1, 2018 Share Posted October 1, 2018 On 9/26/2018 at 9:46 AM, Jason said: No, but car prices going through the roof will. The inflationary effects of the tariffs could easily be masked by a rising dollar, owing to the continued interest rate hikes and the reversal of capital flows out of emerging markets back to America. But if at some point investors lose confidence and a downturn hits, watch out Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted October 1, 2018 Share Posted October 1, 2018 This really came down to the fact that Trump just didn't like the name NAFTA. So his diplomats and advisors had to spend thousands of man hours, and damage foreign relations, to change the name from NAFTA to USMCA. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted October 1, 2018 Author Share Posted October 1, 2018 Major points: The potential agreement would preserve Chapter 19 It would also allow Canadian consumers to purchase five times ($20 to $100) more foreign merchandise online without paying import duty than they are currently allowed. The move, which was opposed by the Canadian retail industry, was agreed to by Canada in exchange for still being able to collect sales tax on the purchases U.S. tariffs lifted on Canadian steel and aluminium Guarantee that the Trump administration will not impose tariffs on most auto imports from Canada. Canada would accept a quota system that would place stricter limits on the export of Canadian-made vehicles into the U.S. market, said two sources. Canada will give U.S. farmers access to the Canadian dairy market greater than the 3.2 per cent granted to 10 other countries under the Trans-Pacific Partnership, Ottawa will also change a rule that had largely excluded U.S.-made ultrafiltered milk, a cheese-making ingredient, from Canada. The deal will preserve Canada’s supply management system, which uses a combination of quotas and tariffs to guarantee returns for Canadian farmers. But giving a larger percentage of the market to the U.S. without tariffs is certain to rankle the dairy lobby, which wields significant political influence, particularly in Quebec, which holds a provincial election Monday. The bolded one is the one that will be most heavily-covered in Canada. Right now the cap is 2.25% for foreign nations (all other trade deals), and the US is getting 3.2%. Not really a huge deal, but it allows Trump to declare the deal a win, and will allow the Conservatives in Canada to claim that Trudeau was weak and gave in to a bully. The thing is...what was Canada going to do? The US is 10x our size, so in any negotiation they have the upper hand. While it's true that the US economy would suffer greatly should NAFTA collapse, it's also true that Canada's economy would be destroyed. Overall the deal looks good for both sides. Canada remains the only G7 nation with free-trade deals with all other members. Quote Link to comment Share on other sites More sharing options...
Jason Posted October 1, 2018 Share Posted October 1, 2018 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted October 1, 2018 Author Share Posted October 1, 2018 Actually it looks like Canada also caved on IP law and pharmaceutical patents, which will end up costing Canadians a lot of money long-term. That is very unfortunate. 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted October 1, 2018 Share Posted October 1, 2018 The bully gets his way. Surprise..? Quote Link to comment Share on other sites More sharing options...
chakoo Posted October 1, 2018 Share Posted October 1, 2018 Not a huge fan on the change on ip for drug patents but it could have been worse. There is also a review/“sunset” clause at 6 years. on the bright side the loonie had a nice bump to .78 cents (1 cent rise) on the back of the nafta news. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted October 1, 2018 Author Share Posted October 1, 2018 47 minutes ago, chakoo said: Not a huge fan on the change on ip for drug patents but it could have been worse. There is also a review/“sunset” clause at 6 years. on the bright side the loonie had a nice bump to .78 cents (1 cent rise) on the back of the nafta news. Damnit and I just made a $3,600 purchase on a US site last night! Waiting until this morning would have saved me $46! lol Quote Link to comment Share on other sites More sharing options...
CayceG Posted October 1, 2018 Share Posted October 1, 2018 17 minutes ago, CitizenVectron said: Damnit and I just made a $3,600 purchase on a US site last night! Waiting until this morning would have saved me $46! lol Haha, get fukt, foreigner. USA!! USA!! USA!! Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted October 1, 2018 Author Share Posted October 1, 2018 In the end it seems like the US basically got the same deal that they would have with the TPP...but with only 2 nations, instead of 11. So good job on that, Trump. Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted October 1, 2018 Share Posted October 1, 2018 USMCA just rolls off the tongue doesn't it? Quote Link to comment Share on other sites More sharing options...
Jason Posted October 2, 2018 Share Posted October 2, 2018 1 hour ago, PaladinSolo said: USMCA just rolls off the tongue doesn't it? Watch it keep being called NAFTA. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.