Will Tump Tear up NAFTA???

[MHz]

Hopefully the US will only trade between States and International trade is left to other nations. The import tariffs will be met with stiff export taxes so Canada and Mexico and all pints south better start looking at what is lacking and what is surplus. Hemp is a rot-proof fabric making material. The tropics tend to be very high in humidity levels. Do the math.

 

[taxslave]

Do you suppose the Trumpites that support Trump's view of trade were big Ed Broadbent supporters back in the day?

Besides you did broadbent have any supporters?

 

[Cannuck]

Besides you did broadbent have any supporters?

I would never support a protectionist like Broadbent or Trump. You would know that if you'd been paying attention and weren't a complete moron

 

[tay]

The market would clearly favor the US for auto manufacturing,, no border to cross and less working regulations

The US courts always favor the US.

Trump could easily tell Trudeau to go home and manufacture your own cars and we'll manufacture ours.

And Canada could simply impose a duty as we had with the Auto Pact, which gave us all the branch operations of foreign companies in the first place, which would require a minimum number of products to be Made In Canada to insure a duty discount on the balance of the exported products.

Let's mot forget the manufacturer's have a say as to which way Trump leans and they would like to find the cheapest place to make their stuff....

 

[MHz]

What is a domestic car? Every car made in Canada has parts from several countries.

Canadian steel will hold 15:1 compression load without superchargers. Pull start is not an option, parking on a hill is the normal way to crank it over.
We could become mass exporters of textiles rather than grain that is in a glut mode as it is. Eliminating those imports creates an industry so our grand-kids can have a vacation rather than being a slave to the job.

 

[Durry]

And Canada could simply impose a duty as we had with the Auto Pact, which gave us all the branch operations of foreign companies in the first place, which would require a minimum number of products to be Made In Canada to insure a duty discount on the balance of the exported products.

Let's mot forget the manufacturer's have a say as to which way Trump leans and they would like to find the cheapest place to make their stuff....

The prize is not the assembly of foreign vehicles in Canada, any half wit with half a brian can assemble a vehicle now days in any country, the real prize is the engineering, design and testing of new vehicles in your own country which leads to other industries is where the real prize is. Examples are advancing self driving cars etc.

It's only places like Ontario that think putting tires on vehicles is a high tech job, the rest of the country knows better.

Putting on duties is for losers who can't compete.

 

[tay]

Ending NAFTA could cost U.S. up to 50,000 Auto Jobs


U.S. President Donald Trump has criticized NAFTA for luring U.S. manufacturing jobs to low-wage Mexico and has vowed to quit the pact or revise it to reduce his country’s $64 billion trade deficit with its southern neighbor.

Ending NAFTA, however, would result in a full reversion to tariffs under World Trade Organization rules, according to the Boston Consulting Group study sponsored by the Motor Equipment Manufacturers Association. The U.S. auto parts industry employs about 870,000 workers.

Mexico and Canada would fare better because they previously charged higher tariffs than the United States and would revert to those levels. And with no trade incentive to manufacture in the United States other than to avoid the 25 percent truck tariff, more full vehicle production would migrate to low-cost countries such as China, auto experts say.

Job losses could be as much as 24,000 if renegotiations lead to requirements for content from North American and specifically the United States, according to the study.

NAFTA negotiators face tough new U.S. demands to increase regional content for autos to 85 percent from 62.5 percent, with 50 percent from the United States, according to people briefed on the plan.

The rules of origin demands are among several conditions that the U.S. Chamber of Commerce has labeled “poison pill proposals” that threaten to torpedo the talks.

The auto parts study was conducted before these targets were revealed.

Raising the automotive content thresholds and forcing automakers to verify the North American origin of more electronics and other parts now sourced from Asia would cause some parts manufacturers to forego NAFTA benefits, said Ann Wilson, the association’s head of government affairs

Instead, companies may ship in more products from low-cost countries outside the region, paying U.S. tariffs ranging from 2.5 to 5.0 percent.

“Instead of encouraging more U.S. content, these provisions will lead to less U.S. content,” Wilson said.

Ending NAFTA could cost U.S. up to 50,000 auto parts jobs: study | Reuters

 

[Curious Cdn]

The demand for US marque cars has fallen off of a cliff, anyway and the main reasons for that (poor quality and design intelligence) are not going to turn around quickly, if at all. Maybe, they shouldn't bother bailing out GM the next time around. Bailing out dinosaurs will not make America great again.

 

[Legalist]

Of course he is going to tear up the deal, the proposals the U.S. put forth like a sunset clause, like a new mechanism for dispute settlement, like unrealistic auto deal are all non starters for Canada. Once Trump hears they are unacceptable, he will throw his "hissy" fit and tear it up.
Canadians need to write the PM & Foreign Affairs Minister and tell them to get on their horse to find another major trading partner i.e. China. And to establish as soon as possible a trade pack with Mexico and the U.K.
If Mr. Trump wants to be an isolationist, let us help him along.

 

[lone wolf]

'Fair' is US is the maker we all have to buy from. Boycot US goods. Make America grate

 

[pgs]

Of course he is going to tear up the deal, the proposals the U.S. put forth like a sunset clause, like a new mechanism for dispute settlement, like unrealistic auto deal are all non starters for Canada. Once Trump hears they are unacceptable, he will throw his "hissy" fit and tear it up.
Canadians need to write the PM & Foreign Affairs Minister and tell them to get on their horse to find another major trading partner i.e. China. And to establish as soon as possible a trade pack with Mexico and the U.K.
If Mr. Trump wants to be an isolationist, let us help him along.

You are free to trade with most countries in the world . Go to it man step up .I have been hearing this we need to find new trading partners nonsense since before the advent of NAFTA all during the debates leading up to NAFTA and ever since . Always the same old cry . Well step up and find a commodity to trade and willing traders and your off .

 

[Durry]

You are free to trade with most countries in the world . Go to it man step up .I have been hearing this we need to find new trading partners nonsense since before the advent of NAFTA all during the debates leading up to NAFTA and ever since . Always the same old cry . Well step up and find a commodity to trade and willing traders and your off .

You are correct, Canadians are too useless and lazy to find new trading partners, they have gotten used to having the Americans look after them

Canadians like to make a lot of noise to make themselves feel good and strong, but it's only noise, no substance.

 

[Angstrom]

Lets scrap the trade deal. Its Bullshit anyways

 

[Legalist]

You are free to trade with most countries in the world . Go to it man step up .I have been hearing this we need to find new trading partners nonsense since before the advent of NAFTA all during the debates leading up to NAFTA and ever since . Always the same old cry . Well step up and find a commodity to trade and willing traders and your off .

May not be all that difficult, May from the U.K. has expressed an interest in a Canada, Mexico arrangement, China has expressed an interest in the Bombardier planes scheduled to go to Delta until the U.S. Department of Commerce slapped on the ridiculous tariffs and the PM told Boeing he wasn't buying planes from a company that was litigating against an Canadian Aerospace company and bought some F15s from Australia, so there is movement afoot, we need to encourage to keep on the hunt for new markets.

 

[Durry]

Umm I think we need all the help we can get, so we should try to keep what works.

 

[MHz]

It was drafted as something that protects the US, now it will be strengthened in that way even more. If exports from Mexico and the US are unfairly taxed production stops. Canada and Mexico should expand their trade so they are pretty much duty free. Mexico's surplus production goes further south rather than into the US. Canada would build the bots that are assembled for use in Mexico by Mexicans.
That would leave Canada with 3 industries that need to be built from the ground up so the next generation picks up where we slacked off. The days of the only trade between the Prairies was wheat going east would be more like the only thing coming west would be durable goods from Mexico. Raw materials for Mexico would be coming from west coast ports.

China wants to build a channel in Nicaragua that is capable of taking on super ships so the ships would be loaded in both direction.

 

[pgs]

May not be all that difficult, May from the U.K. has expressed an interest in a Canada, Mexico arrangement, China has expressed an interest in the Bombardier planes scheduled to go to Delta until the U.S. Department of Commerce slapped on the ridiculous tariffs and the PM told Boeing he wasn't buying planes from a company that was litigating against an Canadian Aerospace company and bought some F15s from Australia, so there is movement afoot, we need to encourage to keep on the hunt for new markets.

It isn't difficult , you can trade anything you want with Britain right now , B A takes air freight . But most companies that operate in Canada and trade into the U.S. now , will continue to with or without NAFTA , after all there was trade between our countries pre NAFTA and will be without NAFTA .

 

[Legalist]

It isn't difficult , you can trade anything you want with Britain right now , B A takes air freight . But most companies that operate in Canada and trade into the U.S. now , will continue to with or without NAFTA , after all there was trade between our countries pre NAFTA and will be without NAFTA .

Yes under the FTA which had various tariffs depending on the commodity.
I don't believe the President would be interested in the low tariffs on most goods at the time and most important he would like a settlement mechanism regardless favourable to the U.S. and unacceptable to Canada.
So I don't think there will be reverting to like it was before if it NAFTA is torn up.

 

[pgs]

Yes under the FTA which had various tariffs depending on the commodity.
I don't believe the President would be interested in the low tariffs on most goods at the time and most important he would like a settlement mechanism regardless favourable to the U.S. and unacceptable to Canada.
So I don't think there will be reverting to like it was before if it NAFTA is torn up.

So you think trade between companies in the two nations will cease ?

 

[Legalist]

So you think trade between companies in the two nations will cease ?

No but they will be very different than present, it will degenerate into tit for tat tariffs.