Will Tump Tear up NAFTA???

MHz

Time Out
Mar 16, 2007
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I though somebody said US dairy products would not be coming to Canada. that also means out dairies will be adopting UIS methods of farming.
http://12160.info/photo/us-dairy-exports-to-canada-set-to-soar-under-new-nafta
Canadian dairy farmers say they’re on the losing end of a new trade pact with the U.S. that will allow Americans to ship more milk north.

The new deal, which also includes Mexico, will give the U.S. greater access to Canada’s protected dairy market and eliminate its new milk pricing system, one that’s been repeatedly attacked by President Donald Trump. Dairy was one of the core remaining hurdles to striking a renewed North American Free Trade Agreement and Prime Minister Justin Trudeau had vowed to defend the nation’s restricted sector. Trudeau pledged to compensate farmers to cushion the blow.

“It’s been very, very disappointing they have agreed to it,” said David Wiens, vice-president of the Dairy Farmers of Canada, an Ottawa-based industry group that represents the nation’s 12,000 producers. “It’s a big win for the U.S. and well, for Canada, it’s a loss.”

As part of the deal, Canada will eliminate its Class 7 milk policy that makes it cheaper for processors to buy domestic supplies of ultra-filtered milk, a concentrated ingredient used to boost protein content in cheese and yogurt. While the system helped support a wave of new processing capacity that’s being built across Canada, U.S. farmers complained it effectively blocked imports and dragged down world prices.
 

pgs

Hall of Fame Member
Nov 29, 2008
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There is a pattern to Trump's conduct. He criticises, condemns virtually all deals, and organisations that HE did not create or have an influence on. For all intents and purposes He wanted to change the name so it was HIS input. He can now brag to his base that he got the good deal for the US.......... while Mexico and CDA can breath a sigh of relief that the thing is done....... without further threats to damage CDN economy. Trump is riding rough shod on just about everyone except Putin and Kim. They are the new THREE AMIGOS
So can you tell me why our PM and his illustrious Minister Freeland were all over the media yesterday praising this deal ?
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
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So can you tell me why our PM and his illustrious Minister Freeland were all over the media yesterday praising this deal ?

I found it funny that Trump thanked JT and left out Freeland, Trump's chief negotiator left out both JT and Freeland, and JT left out Trump in their respected speeches.
 

White_Unifier

Senate Member
Feb 21, 2017
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There's a certain irony in the new USMCA. While it could hurt Canada in the short term as Canada adapts to a somewhat more open market, it will strengthen Canada's economy in the long term as Canada adapts to that market and so becomes more resistant. At the same time, while the protectionist measures of the USMCA will protect certain US industries in the short term, they'll deter innovation in those same industries in the long term. In other words, the USMCA will hurt Canada and benefit the US in the short term but benefit Canada and hurt the US in the long term.

There are at least two things I dislike in the agreement: extended patent protection and the requirement that the US consult with the US before negotiating trade deals with 'non-market' economies. Even that is not as bad as it seems on the surface. Extended patent protection, though potentially harmful, is quite minor overall.

The need to consult with the before negotiating trade with a 'non-market' country bothers me much more, though even that might have a silver lining: I'm not sure if it says anything about Canada unilaterally lowering trade barriers against other states since I believe that it specifies negotiation.

The good news is that it still has a 6-year sunset clause if I remember correctly. Now's the time to prepare for round two and not wait to the last minute.

Next round, we should push for freer trade with the US but also more freedom on Canada's part to trade with other states too. I'd even be willing to accept an agreement that forced Canada to allow tariff-free importation of US goods and that forced Canada to impose a minimum tax of 1/3 on the net profits of resource-extraction, animal-husbandry, and addictive-products businesses. I'd even support allowing the US to impose a reasonable tariff against Canadian products that it deemed unfairly advantaged due to Canada's lower tariffs on imports from elsewhere. In exchange, Canada could freely sign trade deals with the world.
 

Hoid

Hall of Fame Member
Oct 15, 2017
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The main thing to remember is that NAFTA 2.0 is a win for Trump and a lose for Trudeau. Mexico doesn't matter.

Otherwise the White Nattys get confused.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
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Again... Justin blinked.
Enjoy our dairy products.
You mean the inadmissible ones from the United States that are poisoned with bovine growth hormone, contrary to Canadian regulations?

I guess that the dumb Yanks didn't do their homework.
 

Bar Sinister

Executive Branch Member
Jan 17, 2010
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Again... Justin blinked.


Enjoy our dairy products.




Enjoy our cars. And even with the new agreement the chances that I will consume a US dairy product are quite low given that the US is going to be allowed access to less than 3.6% of the Canadian market. As usual Trump chose the wrong target. Canada's industrial trade with the US far outweighs the total value of the Canadian dairy industry. The total value of Canadian dairy products in $6 billion. Auto exports amount to almost $45 billion.
 

Bar Sinister

Executive Branch Member
Jan 17, 2010
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Ocean Breeze

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Jun 5, 2005
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Simple - because they got what they wanted and shut up the orange bullfrog in the US.
indeed. those complaining...... should volunteer to handle the negotiations themselves. See how they make out with a sadistic bully.

Quote: Originally Posted by EagleSmack View Post
Again... Justin blinked.
Enjoy our dairy products.

Buy anyone BUT the US. Preferably CDN.
 

pgs

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indeed. those complaining...... should volunteer to handle the negotiations themselves. See how they make out with a sadistic bully.



Buy anyone BUT the US. Preferably CDN.
We lost , big time e .Canada is doomed .THat bully Trump . Oh my . Bullies and tigers and Trump oh my .
 

JLM

Hall of Fame Member
Nov 27, 2008
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Because they're Politicians? Regardless
of the outcome or the capitulation, they
would attempt to sell this to Canada as a
win.




I realize it's probably not fair but due to several incidents involving Justin, I don't feel I can trust him as far as I can throw him. As far as the LNG thing goes I just heard mention today that his "$40 billion" and "10000 jobs" are an exaggeration. I believe I heard from a separate source that somewhere between $20 and $30 billion are closer to the truth. I guess when he flitted off to Cuba for Xmas holidays at taxpayer's expense, "the handwriting was on the wall" about him. Very important man!
 

MHz

Time Out
Mar 16, 2007
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Cuba is off limits to Canadians because of US hostility to somebody who got out from under their thumb. Perhaps taxpayers should sent him back there until he understands how they did it and then he can do the same for us.
 

coldstream

on dbl secret probation
Oct 19, 2005
5,160
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This agreement removes any incentive to invest in Canadian manufacturing. Economies work by way of synergy and integration, all stymied and diffused by way of Free Trade and Monetarism. This necessitates containment and compression of capital resources by way of government mandate.

Trudeau and company has thrown our farmers under the bus, offering some scraps and handouts as compensation. Farming is an anchor industry in any national economy. NAFTA destroyed rural Mexican Agriculture in the 1990s which unravelled social stability into the narco-terrorist states we now see in Juarez and Sinaloa. And it is directly responsible for masses beseiging the border seeking relief there was no immigration crisis on the US/Mexico border prior to onset of Global Free Trade in the 1970s.

Trudeau, Citizen of the World, sees all is well with Free Trade. And has set up Canada to be next in line.