Heil Trump
Not surprised.
So now trumps not gonna cancel NAFTA?
- Thread starter Jarod
- Start date
Not surprised.
cawacko
Well-known member
too bad they can't more like you
Trump Killing Nafta Could Mean Big*Unintended Consequences for*the U.S.
Ending the deal would hurt American manufacturers. For*consumers, backing out*might mean*price increases on everything from cars to*fruits and vegetables
1.*America's*biggest export market would be*jeopardized*
U.S. goods exports to Canada and Mexico have quadrupled since Nafta took effect in 1994, rising to about $550 billion last year. That’s more than sales to China, Japan, the U.K., Germany, South Korea, Brazil, India, Russia and Hong Kong combined.
2. Jobs already gone wouldn't return*
"If we didn’t have Nafta, would things like clothing and automobiles that are produced in Mexico be produced in the United States? No," said*David Gantz, who teaches trade law at the*University of Arizona. "They’d be produced in China or somewhere that the labor costs are a lot lower. One needs to look at what the alternatives would be."
3. The American economy overall would lose
Hufbauer*estimates that Nafta trade growth*makes the U.S. $127 billion richer each year,*not only because of the boost to American exporters but also because of these benefits to U.S. consumers. That's*about $400 per person.*
"It’s not always visible to people because much of the benefit is at the checkout counter," Hufbauer said.
4. American drivers could pay more for gasoline
Nafta gives the U.S. preferential access to oil, limiting the scenarios in which Canada can restrict energy exports to the U.S.*If the U.S. didn’t import oil from its Nafta partners, it could do so at higher cost from other countries, some of which aren’t as friendly to the U.S. as Mexico or Canada.
https://www.bloomberg.com/news/arti...mean-big-unintended-consequences-for-the-u-s-
Anyone who thinks Canada and Mexico don't have leverage ... think again.
I think someone read this article to Rump in the last few days.
cawacko
Well-known member
Trump Killing Nafta Could Mean Big Unintended Consequences for the U.S.
Ending the deal would hurt American manufacturers. For consumers, backing out might mean price increases on everything from cars to fruits and vegetables
1. America's biggest export market would be jeopardized
U.S. goods exports to Canada and Mexico have quadrupled since Nafta took effect in 1994, rising to about $550 billion last year. That’s more than sales to China, Japan, the U.K., Germany, South Korea, Brazil, India, Russia and Hong Kong combined.
2. Jobs already gone wouldn't return
"If we didn’t have Nafta, would things like clothing and automobiles that are produced in Mexico be produced in the United States? No," said David Gantz, who teaches trade law at the University of Arizona. "They’d be produced in China or somewhere that the labor costs are a lot lower. One needs to look at what the alternatives would be."
3. The American economy overall would lose
Hufbauer estimates that Nafta trade growth makes the U.S. $127 billion richer each year, not only because of the boost to American exporters but also because of these benefits to U.S. consumers. That's about $400 per person.
"It’s not always visible to people because much of the benefit is at the checkout counter," Hufbauer said.
4. American drivers could pay more for gasoline
Nafta gives the U.S. preferential access to oil, limiting the scenarios in which Canada can restrict energy exports to the U.S. If the U.S. didn’t import oil from its Nafta partners, it could do so at higher cost from other countries, some of which aren’t as friendly to the U.S. as Mexico or Canada.
https://www.bloomberg.com/news/arti...mean-big-unintended-consequences-for-the-u-s-
Anyone who thinks Canada and Mexico don't have leverage ... think again.
You were a Hillary supporter, she changed her tune on NAFTA and said it needed to be renegotiated. You agree with her?
blackascoal
The Force is With Me
I think Trump is engaging in another of his fake bully-boy bluffs.
blackascoal
The Force is With Me
Nope .. and I said I didn't before the election.
nope
You dont understand without NAFTA we lose jobs, Reagan was correct when he came up with NAFTA.
there is a place for trade but not the way we are doing it now. When the entire world has been ravaged by war except your country free trade is awesome. On an equal footing its not.
cawacko
Well-known member
that's such an ignorant statement
:'(
what "this time?" He said he'll renegotiate or dissolve partnership -why wouldn't I believe this?
That's a working relationship that could due better under a bi-lateral agreement.
But the idea of NAFTA does make sense . Natural trading partners form a block. The devil is in the details
it could happen if they have a product we want but dont supply ourselves. Like Anime in Japan
As of right now all they give is cheap labor undercutting ours.Manufacturing costs are less with Mexico.it could happen if they have a product we want but dont supply ourselves. Like Anime in Japan
I think they way you do this is to make it more advantageous to locate and stay here, then not.
tariffs and other stuffz are a method of doing that as well as lowering taxes.
Buckly J. Ewer
Racism Whistleblower
PostmodernProphet
fully immersed in faith..
absolutely......
Tony Schwartz, the guy who wrote Art of the Deal, would rename the book "The Sociopath".