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Utopia Talk / Politics / U S M C A
Hot Rod
Revved Up
Mon Oct 01 08:33:14

Canada climbed aboard at 10:00 PM last night so this replaces NAFTA.


How about that, another promise kept.

Hot Rod
Revved Up
Mon Oct 01 08:48:17

The United States Mexico Canada Agreement
Average Ameriacn
Member
Mon Oct 01 10:00:53
They now have to buy our milk!!
Hot Rod
Revved Up
Mon Oct 01 10:25:43

They do not ***have*** to buy our milk, but our dairy products will certainly be competitive.



They are saying this agreement will turn North America into a manufacturing powerhouse.

Sounds exciting.

Hot Rod
Revved Up
Mon Oct 01 10:51:52

Let's just hope that Congress does not throw a monkey wrench into the deal. It requires their approval.

The DOW is up in the $265.00 range. If it is approved there will be a real substantial increase in the stock market.


Now that the deal is close to approval other countries are ready to sit down and negotiate.

Even India, they have high tariffs on just about everything. I remember reading once that India had a 25% tariff on a magazine of ideas that would have benefitted India a great deal. It is tariffs like that that are ruining so much.

So by throwing out excessive tariffs a great deal of manufacturing power is released which benefits everyone involved.



tumbleweed
the wanderer
Mon Oct 01 11:04:48
the biggest & greatest trade deal in the history of the universe!!!!!
Paramount
Member
Mon Oct 01 11:22:09
”They are saying this agreement will turn North America into a manufacturing powerhouse.

Sounds exciting”


Ask the Chinese and Thai workers how exciting it is to work at manufacturing.
tumbleweed
the wanderer
Mon Oct 01 11:24:17
i assume it's NAFTA w/ tiny modifications

Trump would never know
American Democrat
Member
Mon Oct 01 11:31:01
Actually it is. It is NAFTA with some modifications.
Hot Rod
Revved Up
Mon Oct 01 11:58:47

Why do you guys make up stuff like that?

You realize that as soon as you do you then believe it is true and not to be questioned.


I assume you are both here in America. Did either of you watch his little press conference about the deal?

If you had you would know there is a great deal of meat to this new agreement.

tumbleweed
the wanderer
Mon Oct 01 12:01:21
i watched some of it... it was Trump speaking... therefore absolutely no value whatsoever

if someone spoke beforehand, then maybe some reliable info was given
Hot Rod
Revved Up
Mon Oct 01 12:08:06

He turned the mic over to one of the guys that worked on the talks. He said some good things about it.

tumbleweed
the wanderer
Mon Oct 01 12:15:02
at the peril of his job
tumbleweed
the wanderer
Mon Oct 01 12:26:35
CNN article about it:

http://www...a-usmca-differences/index.html

seems like more dairy being allowed into Canada and some auto manufacturing stuff which unclear who all helped/hurt by, plus some structural issues

going to 75% auto parts built in North America probably helps Mexico most? but the $16/hr thing for 40% of parts probably good for US (& Canada maybe)

no idea impact to consumers, sounds like higher priced cars to me
patom
Member
Mon Oct 01 12:33:16
Hot Rod: "They do not ***have*** to buy our milk, but our dairy products will certainly be competitive."

You obviously don't live near the border. Canadians that live near the US border hardly ever make a trip across without coming home with milk and other dairy products.

Calais, Me., where I used to live has a population of around 3000. They have a busy IGA, Shop and Save and a Walmart, all selling groceries. Not counting 5 convenience stores. On average, half the cars in their parking lots have Canadian tags on them.

Canadians aren't coming across the border for our medical services but they sure as hell come for gas and groceries.

patom
Member
Mon Oct 01 12:38:01
Poultry is another thing that Canadians come across the border for. Ain't hardly a freezer in New Brunswick and half the rest of the Maritimes that doesn't have a US turkey or chicken in the freezer.
McKobb
Member
Mon Oct 01 13:45:23
Probably good for alabama with all our parts plants.
tumbleweed
the wanderer
Mon Oct 01 14:00:52
i wonder if there are risks of some auto companies saying 'fuck it' & moving 100% of auto production to some slave-istan

one article says the penalty is a 2.5% tariff...

but i don't know the details of the auto & auto parts economy at all :p
werewolf dictator
Member
Mon Oct 01 18:37:01
the document supposed to contain stuff on vehicles is 234 pages of unreadable randomly referenced legalese to me.. eg

"A change to savory, crushed or ground, of subheading 0712.90 from savory, neither crushed nor ground, of subheading 0712.90 or any other chapter; or"

i am just going to take on faith it effectively means that mexico agreed to pay for the wall.. but everyone are trying to hide that to save mexico embarassment.. [which is what i got by reading between lines of earlier news reports]



otoh.. canadian dairy document looks like canada will let in tiny tiny amount of various dairy products duty-free.. and slowly increase this to a plain tiny amount over years.. when these annual tiny quotas are exceeded then dairy will "continue" to get "mfn tariff treatment"

so maybe that's hundreds of millions of dollars in more dairy exports to canada per year soon [so good job trump].. but still it seems canada is going to be protectionist mostly-closed-dairy market and arch-enemy of united states.. and trudeau and his minions should continue to be treated that way by americans
tumbleweed
the wanderer
Mon Oct 01 18:44:09
there is definitely no wall funding from Mexico or he'd be shouting it from the NJ rooftops next to the thousands of muslims

Trump in fact took a question about the funding & just told his normal lie about getting $1.6 billion for his wall from the budget & the wall is already started (it is not... at all)
Seb
Member
Tue Oct 02 06:11:59
It's NAFTA with three tweaks and the dairy stuff was already agreed as part on the trans Pacific trade agreement trump nixed.
Rugian
Member
Tue Oct 02 07:00:36
"and the dairy stuff was already agreed as part on the trans Pacific trade agreement trump nixed."

Oh well shit, I guess if the dairy stuff was in TPP then we should have passed that absolute abortion of a treaty.

Seriously, you're just looking for stuff to attack Trump over at this point.
McKobb
Member
Tue Oct 02 07:00:50
Asians don't drink milk anyway
The Sentinel
Member
Tue Oct 02 07:13:01
Rugian is right, facts are irrelevant.
Hot Rod
Revved Up
Tue Oct 02 07:25:53

patom - You obviously don't live near the border. Canadians that live near the US border hardly ever make a trip across without coming home with milk and other dairy products.

With the dairy tariffs gone they may not have to make the trip. Not sure if gasoline is impacted.



tw - i wonder if there are risks of some auto companies saying 'fuck it' & moving 100% of auto production to some slave-istan

I think we were set to put a 25% tariff on cars if Canada did not join the gang.


hood
Member
Tue Oct 02 07:34:31
If Canada didn't just resign the treaty that was torn up...

Yeah what a threat. I'm sure dem Canadians were quaking in their boots.
Seb
Member
Tue Oct 02 08:07:22
Rugian:

Point is, he's not negotiated anything of substance that Canada hadn't already had on the table.
CrownRoyal
Member
Wed Oct 03 09:02:16
the difference between the absolute worst trade deal the US has ever signed and this greatest, largest, most beautiful trade deal ever, is surprisingly small
patom
Member
Wed Oct 03 09:40:52
^LOL.
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