NAFTA 2018

[trumped]

Might be without Canada lol:

Lee Saks
Lee Saks
@lee_Saks
·
13m
MEXICAN SOURCE SAYS TRUMP TRADE ANNOUNCEMENT AT WHITE HOUSE WILL BE THAT MEXICO AND U.S. HAVE REACHED AGREEMENT ON BILATERAL NAFTA ISSUES: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
9m
U.S.-MEXICO DEAL WOULD SEE 40-45 PCT OF AUTO CONTENT MADE BY WORKERS EARNING AVERAGE BASE WAGE OF $16 PER HOUR - USTR OFFICIAL: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
9m
EXCLUSIVE-U.S.-MEXICO DEAL WOULD INCREASE U.S. AND REGIONAL CONTENT IN AUTOS TO 75 PCT FROM CURRENT 62.5 PCT - USTR OFFICIAL: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
9m
THE UNITED STATES AND MEXICO HAVE REACHED A TRADE DEAL THAT WOULD REPLACE NAFTA -SENIOR U.S. TRADE OFFICIAL: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
8m
this looks like a BAD deal for mexico!


Lee Saks
Lee Saks
@lee_Saks
·
8m
CANADA WILL CONTINUE TO WORK TOWARDS A MODERNIZED NAFTA, IS IN CONTACT WITH ITS NEGOTIATING PARTNERS - FOREIGN MINISTER SPOKESMA: RTRS


Lee Saks
@lee_Saks
·
6m
CANADA "WILL ONLY SIGN A NEW NAFTA THAT IS GOOD FOR CANADA", CANADA'S SIGNATURE IS REQUIRED ON A NEW NAFTA - FOREIGN MINISTER SPOKESMAN: RTRS

[trumped]

If we make this dealwith only Mexico then fuck Canada lol.

Can rename Mexta

[oilsooner]

Canada had better get on board, or they’ll miss the bus. We are the biggest economy of the three (by far), so we have a lot of say in how this process works. If we truly don’t mind excluding them, that puts Canada in a very bad spot. And I think Trumps made it clear that he’ll walk away, which is an interesting, new (and probably extremely concerning for Canada) angle for the game theory.

Trudeau and Canada can continue the political grandstanding and get left behind, or they can move forward for the best of their country, people, and economy. I’m sure they’ll make the right decision, but I’m just as sure they will scream and moan about it first.


Sent from my iPhone using Tapatalk

[trumped]

Canada is so fucked lol:

Lee Saks
Lee Saks
@lee_Saks
·
46m
CANADA "WILL ONLY SIGN A NEW NAFTA THAT IS GOOD FOR CANADA", CANADA'S SIGNATURE IS REQUIRED ON A NEW NAFTA - FOREIGN MINISTER SPOKESMAN: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
45m
MEXICO AGREES TO LIFT "DE-MINIMIS" DUTY-FREE SHIPMENT VALUES TO $100 FROM $50 IN NAFTA BILATERAL ACCORD-USTR: RTRS



Lee Saks
@lee_Saks
·
45m
all these concessions from Mexico, what did they get in return


Lee Saks
@lee_Saks
·
42m
TRUMP SAYS WE ARE GOING TO CALL THIS THE UNITED STATES-MEXICO TRADE AGREEMENT, GETTING RID OF NAFTA NAME: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
41m
this is so bad for canada


Lee Saks
Lee Saks
@lee_Saks
·
40m
U.S.-MEXICO NAFTA AGREEMENT INCLUDES 10 YEARS OF DATA PROTECTION FOR BIOLOGIC DRUGS-USTR: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
39m
MEXICAN PRESIDENT TELLS TRUMP ON CALL IT IS MEXICO’S WISH THAT CANADA NOW BE INCORPORATED INTO THE DEAL -REUTERS WITNESS: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS TRADE DEAL WITH MEXICO IS VERY SPECIAL FOR MANUFACTURERS AND FARMERS: RTRS


Lee Saks
@lee_Saks
·
36m
TRUMP SAYS WE HAVE NOT STARTED WITH CANADA YET, WANTED TO SEE IF DEAL WITH MEXICO WAS POSSIBLE FIRST: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
*TRUMP SAYS HE'LL CALL CANADA PM TRUDEAU SOON: BBG


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS IF CANADA WANTS TO NEGOTIATE FAIRLY , WE WILL DO THAT: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS THE EASIEST THING TO DO WOULD BE TO PUT TARIFFS ON CANADIAN CARS: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS WE COULD DO A SEPARATE DEAL WITH CANADA OR MAKE THEM PART OF THE DEAL WITH MEXICO: RTRS



Lee Saks
@lee_Saks
·
34m
TRUMP SAYS MEXICO HAS PROMISED TO START TO IMMEDIATELY PURCHASE AS MUCH FARM PRODUCT AS POSSIBLE: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
33m
TRUMP SAYS HE HOPES THAT THE PART WITH CANADA WILL MATERIALIZE IN A QUICK FASHION: RTRS


Lee Saks
@lee_Saks
·
30m
*TRUMP: MEXICO TO WORK WITH U.S. ON BORDER, AGRICULTURE: BBG


Lee Saks
Lee Saks
@lee_Saks
·
29m
*TRUMP: STARTING NEGOTIATIONS WITH CANADA `ALMOST IMMEDIATELY': BBG


Lee Saks
@lee_Saks
·
29m
*LIGHTHIZER SAYS U.S.-MEXICO DEAL TO GO TO CONGRESS FOR APPROVAL: BBG


Lee Saks
@lee_Saks
·
28m
U.S. TRADE REPRESENTATIVE LIGHTHIZER SAYS THE DEAL IS LIKELY TO BE SIGNED IN NOVEMBER, SENT TO CONGRESS ON FRIDAY: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
29m
TRUMP SAYS HE WILL TERMINATE EXISTING NAFTA DEAL TO GO INTO THIS NEW DEAL: RTRS



Lee Saks
@lee_Saks
·
29m
TRUMP SAYS WILL EITHER PUT TARIFFS ON CANADA CARS OR REACH A NEGOTIATED DEAL WITH THEM: RTRS



Lee Saks
@lee_Saks
·
13m
MEXICAN PRESIDENT SAYS HAS CONCLUDED PHONE CALL WITH TRUMP, REITERATES HE WANTS CANADA TO COME BACK TO TALKS TO COMPLETE A TRILATERAL AGREEMENT THIS WEEK: RTRS

[trumped]

Jack Posobiec 🇺🇸
Jack Posobiec
@jackposobiec
·
17m
Trump: I'd like to call this the US-Mexico Trade Agreement. It's elegant. I don't like NAFTA. It has a lot of baggage. It was a ripoff.



Jack Posobiec
@jackposobiec
·
17m
Justin from Canada to respond to NAFTA news once he locates his eyebrows


Jack Posobiec 🇺🇸
Jack Posobiec
@jackposobiec
·
8m
Adios, NAFTA!

[soonernvolved]

[soonernvolved]

Aug 27, 2018 9:59:51 GMT -6 trumped said:

Canada is so fucked lol:

Lee Saks
Lee Saks
@lee_Saks
·
46m
CANADA "WILL ONLY SIGN A NEW NAFTA THAT IS GOOD FOR CANADA", CANADA'S SIGNATURE IS REQUIRED ON A NEW NAFTA - FOREIGN MINISTER SPOKESMAN: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
45m
MEXICO AGREES TO LIFT "DE-MINIMIS" DUTY-FREE SHIPMENT VALUES TO $100 FROM $50 IN NAFTA BILATERAL ACCORD-USTR: RTRS



Lee Saks
@lee_Saks
·
45m
all these concessions from Mexico, what did they get in return


Lee Saks
@lee_Saks
·
42m
TRUMP SAYS WE ARE GOING TO CALL THIS THE UNITED STATES-MEXICO TRADE AGREEMENT, GETTING RID OF NAFTA NAME: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
41m
this is so bad for canada


Lee Saks
Lee Saks
@lee_Saks
·
40m
U.S.-MEXICO NAFTA AGREEMENT INCLUDES 10 YEARS OF DATA PROTECTION FOR BIOLOGIC DRUGS-USTR: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
39m
MEXICAN PRESIDENT TELLS TRUMP ON CALL IT IS MEXICO’S WISH THAT CANADA NOW BE INCORPORATED INTO THE DEAL -REUTERS WITNESS: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS TRADE DEAL WITH MEXICO IS VERY SPECIAL FOR MANUFACTURERS AND FARMERS: RTRS


Lee Saks
@lee_Saks
·
36m
TRUMP SAYS WE HAVE NOT STARTED WITH CANADA YET, WANTED TO SEE IF DEAL WITH MEXICO WAS POSSIBLE FIRST: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
*TRUMP SAYS HE'LL CALL CANADA PM TRUDEAU SOON: BBG


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS IF CANADA WANTS TO NEGOTIATE FAIRLY , WE WILL DO THAT: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS THE EASIEST THING TO DO WOULD BE TO PUT TARIFFS ON CANADIAN CARS: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
36m
TRUMP SAYS WE COULD DO A SEPARATE DEAL WITH CANADA OR MAKE THEM PART OF THE DEAL WITH MEXICO: RTRS



Lee Saks
@lee_Saks
·
34m
TRUMP SAYS MEXICO HAS PROMISED TO START TO IMMEDIATELY PURCHASE AS MUCH FARM PRODUCT AS POSSIBLE: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
33m
TRUMP SAYS HE HOPES THAT THE PART WITH CANADA WILL MATERIALIZE IN A QUICK FASHION: RTRS


Lee Saks
@lee_Saks
·
30m
*TRUMP: MEXICO TO WORK WITH U.S. ON BORDER, AGRICULTURE: BBG


Lee Saks
Lee Saks
@lee_Saks
·
29m
*TRUMP: STARTING NEGOTIATIONS WITH CANADA `ALMOST IMMEDIATELY': BBG


Lee Saks
@lee_Saks
·
29m
*LIGHTHIZER SAYS U.S.-MEXICO DEAL TO GO TO CONGRESS FOR APPROVAL: BBG


Lee Saks
@lee_Saks
·
28m
U.S. TRADE REPRESENTATIVE LIGHTHIZER SAYS THE DEAL IS LIKELY TO BE SIGNED IN NOVEMBER, SENT TO CONGRESS ON FRIDAY: RTRS


Lee Saks
Lee Saks
@lee_Saks
·
29m
TRUMP SAYS HE WILL TERMINATE EXISTING NAFTA DEAL TO GO INTO THIS NEW DEAL: RTRS



Lee Saks
@lee_Saks
·
29m
TRUMP SAYS WILL EITHER PUT TARIFFS ON CANADA CARS OR REACH A NEGOTIATED DEAL WITH THEM: RTRS



Lee Saks
@lee_Saks
·
13m
MEXICAN PRESIDENT SAYS HAS CONCLUDED PHONE CALL WITH TRUMP, REITERATES HE WANTS CANADA TO COME BACK TO TALKS TO COMPLETE A TRILATERAL AGREEMENT THIS WEEK: RTRS

Similar to how the EU gave all those concessions to Trump & the White House.

[soonernvolved]

www.cnbc.com/2018/08/27/us-stocks-to-open-higher-after-powell-signals-further-rate-hikes.html

Stocks jumped on Monday as the United States and Mexico closed a new trade deal. Investors also digested reassuring comments from Federal Reserve Chair Jerome Powell on the central bank's policy-tightening path.

The Dow Jones Industrial Average rose 260 points as Caterpillar outperformed. The Nasdaq Composite climbed 1 percent to an all-time high, breaking above 8,000 for the first time, as Facebook, Amazon, Netflix and Alphabet rose. The S&P 500 gained 0.8 percent to hit a record high with materials and financials as the best-performing sectors.

"The market has been buffeted with a lot of headwinds lately, and the biggest one is trade," said Art Hogan, chief market strategist at B. Riley FBR. "If you were to take trade out of the picture, you would have a smoother ride higher in this market."

President Donald Trump said the deal would be called The United States-Mexico Trade agreement, getting rid of the NAFTA name. "The name NAFTA has a bad connotation because the United States was hurt very badly by NAFTA," he said. Trump added that the deal with Mexico is also very special for farmers and manufacturers.

The comment comes after Mexican Economy Minister Ildefonso Guajardo said Sunday both countries were close to resolving key differences on trade. This would pave the way for a new deal between the two longtime trade partners. "We've continued making progress," Guajardo said.

Trump tweeted earlier on Monday that a deal with Mexico was "looking good."

[soonernvolved]

www.breitbart.com/video/2018/08/27/trump-negotiations-with-canada-will-start-shortly-wont-stand-for-dairy-tariffs/


During the announcement of a trade deal with Mexico, President Trump stated that trade negotiations with Canada will short “shortly.” He also stated that Canada’s tariffs on dairy products aren’t acceptable and that the easiest move would be to put tariffs on cars from Canada.

Trump said, “Canada, we’ll start negotiations shortly. I’ll be calling the prime minister very soon, and we’ll start negotiation. And if they’d like to negotiate fairly, we’ll do that. You know, they have tariffs of almost 300% on some of our dairy products. So, we can’t have that. We’re not going to stand for that. I think with Canada, frankly, the easiest thing we can do is to tariff their cars coming in. It’s a tremendous amount of money, and it’s a very simple negotiation that could end in one day and we take in a lot of money the following day, but I think we’ll give them a chance to probably have a separate deal. We could have a separate deal or we could put it into this deal … We will see whether or not we decide to put up Canada or just do a separate deal with Canada, if they want to make the deal. The simplest deal is more or less already made.”

[soonernvolved]

zerohedge
zerohedge
@zerohedge
CANADA'S FREELAND HEADED TO WASHINGTON FOR NAFTA TALKS TUESDAY
1:57 PM · Aug 27, 2018
10
Retweets
27
Likes

[trumped]

Aug 27, 2018 12:11:04 GMT -6 soonernvolved said:

zerohedge
zerohedge
@zerohedge
CANADA'S FREELAND HEADED TO WASHINGTON FOR NAFTA TALKS TUESDAY
1:57 PM · Aug 27, 2018
10
Retweets
27
Likes

LOLOLOLOLOLOL

Panic move they are late to the party so get sloppy seconds.

[soonernvolved]

www.breitbart.com/big-government/2018/08/27/president-trump-announces-united-states-mexico-trade-agreement/


President Donald Trump announced a new bilateral trade deal with Mexico on Monday morning from the Oval Office alongside U.S. and Mexican officials.
“It’s a big day for trade, big day for our country, a lot of people though we’d never get here because we all negotiate tough. We do, so does Mexico,” said Trump.

Trump told reporters he wanted to do away with the name NAFTA (North American Free Trade Agreement) in favor of a new trade deal, The United States México trade agreement. He said the name NAFTA has a bad connotation because the U.S. has been hurt badly by it. He called the new deal a really good deal for both countries, the U.S. and Mexico.

He added, “we’ll see if Canada can be part of deal.” President Trump spoke of possibly making a separate bilateral trade deal with Canada and that negotiations on that would start soon.



Mexican President Enrique Peña Nieto joined the group by phone for the announcement.

In the room with Trump were U.S. Trade Representative Robert Lighthizer, Mexico’s Foreign Minister Luis Videgaray Caso, and Mexico’s Economic Minister Ildefonso Guajardo. Chief of Staff John Kelly, National Security Advisor John Bolton, and Senior Advisor to the President Jared Kushner.

News of the deal began breaking Monday morning ahead of the announcement. It comes on the heels of days of trade negotiations between the two countries.

“We’ve all worked very hard and your brilliant representatives are sitting right in front of me and I thought we would congratulate each other before it got out,” Trump told Nieto. “I know we’ll have a formal news conference in the not-too-distant future.”

Through a translator President Nieto thanked Trump and remarked that this is “very positive for the United States and Mexico.” He went on that the call was to “celebrate the understanding that [they] have had between both negotiating team on NAFTA.”

Nieto spoke of talks over months to renew, modernize, and update the trade deal between the nations as it relates to NAFTA. “And to generate a framework that will boost… productivity in North America,” said Nieto through the translator. “It is our wish now Mr. President that now Canada will also be able to be incorporated in all this.” Nieto said he was sure the U.S. and Canada will begin bilateral meetings on sensitive trade topics to their relationship.

The Mexican President acknowledged both Mexico and the U.S. negotiating teams including Lighthizer’s team. He thanked the support of the White House through Kushner. He thanked his own team from Mexico as well.

Trump thanked the Mexican President as well and referenced his meeting with Nieto in Mexico during the 2016 presidential campaign. “This is something that is very special for our manufacturers and for our farmers from both countries,” said Trump. “It’s also great trade and it makes it a much more fair bill.”

President Trump shared in thanking both trade teams. He spoke of the complicated nature of and months-long efforts that went in to forging the United States-Mexico Trade Agreement. He said that the U.S. hasn’t started with Canada yet as they wanted to work with Mexico first. President Trump said that many claimed it couldn’t be done due to the factions and complexity involved. “We made it much simpler, much better, much better for both countries,” said Trump.

Trump said they will be starting negotiations with Canada very soon and the he will be calling the Canadian Prime Minister. “If they’d like to negotiate fairly we’ll do that. You know they have tariffs of almost 300 percent on some of our dairy products so we can’t have that, we’re not going to stand for that,” said Trump. He indicated that the U.S. may levy tariffs on Canadian auto imports to the U.S. He suggested a separate deal would likely be forged with Canada, but left room for the possibility of including Canada in the deal with Mexico.

“The media should know that the President and the President-elect [of Mexico] worked very closely together,” said Trump of the new trade deal, acknowledging that Mexico will soon have a new President.

“It’s an incredible deal for both parties, most importantly it’s an incredible deal for the workers and for the citizens of both countries,” said Trump. He said the “farmers will be so happy.”

Trump added that they will be working with China, but that it’s “not the right time to talk” with China right now.

President Nieto then expressed hope that as they have reached a “final point of understanding” between the U.S. and Mexico on the deal that they can materialize a formalization of the agreement in the following days. Nieto confirmed the cooperation between himself and the president-elect of Mexico on the deal for a “highly unified front.”

Trump indicated he would soon see President Nieto and there would be a very formal ceremony to mark “one of the largest trade deals ever made.”

[trumped]

Dash Riprock 🇺🇸
Dash Riprock
@philmccrackin44
·
3h
Hey
@justintrudeau
, How does it feel to be playing poker against a guy who’s holding all of the aces

Good luck negotiating your new trade deal !

[soonernvolved]

Charles Payne:

“I will respectfully disagree. Every expert who echoes this whole, ‘You know we’re worried about the consumer.’ They’re not. They’re worried about corporate America’s bottom line. They’re worried about the globalists and Wall Street making big money. I don’t believe that. Because if you really were concerned I think the average American watching this show would pay a little more so the guy who lost their job a few years ago got it back.

[soonernvolved]

Flashback for fun:

[soonernvolved]

Adrian Morrow
@adrianmorrow
· 6h
Replying to @adrianmorrow
Mexican Foreign Minister Videgaray says Mexico’s deal with the U.S. is a “comprehensive” agreement, and warns that if Canada doesn’t reach a deal this week, it will be much harder for Ottawa to negotiate any changes to what’s already been agreed

Adrian Morrow
@adrianmorrow
Because of U.S. trade law, it would be very difficult for the U.S. and Mexico to do a bilateral without Canada at this point. But it looks like Mexico is helping Trump turn the pressure up on Canada. They agreed a nearly-complete deal without Canada at the table
3:09 PM - Aug 27, 2018

38

34 people are talking about this


Adrian Morrow
@adrianmorrow
Replying to @adrianmorrow
It’s possible there’s a secret Canada-Mexico understanding here. But if not, it’s hard to see this as anything other than Canada getting played. Mexico is blowing up the Canadian spin that Mexico and the U.S. weren’t agreeing anything Canada needed to be at the table for
3:15 PM - Aug 27, 2018

54

64 people are talking about this

[NN]

Serious question,I'm no economist, but if more car parts are made here (at a higher cost) and the parts made in Mexico are being made by Mexicans that just got a wage increase, won't that just make the cars cost more? And aren't US wages growing slower than inflation already?

[Boots]

Aug 27, 2018 21:45:27 GMT -6 NN said:

Serious question,I'm no economist, but if more car parts are made here (at a higher cost) and the parts made in Mexico are being made by Mexicans that just got a wage increase, won't that just make the cars cost more? And aren't US wages growing slower than inflation already?

The parts are made here and assembled in Mexico

[sooner8th]

Aug 27, 2018 21:45:27 GMT -6 NN said:

Serious question,I'm no economist, but if more car parts are made here (at a higher cost) and the parts made in Mexico are being made by Mexicans that just got a wage increase, won't that just make the cars cost more? And aren't US wages growing slower than inflation already?

Good question, yes it will.  Notice how it is car parts and not assembly in the outline?  Wages for making car parts is cheaper than assembly which is why they are moving assembly to mexico.  It will have the effect of sending more and more assembly to mexico and keep lower wage jobs here.  We should have it the other way around, assemble cars here and make parts in mexico, if you are going to manufacture out of the country.  

I heard today that the lowest 20% of wage earners were making ~$16k a year in 1979 and now make ~$16.2k a year.  So they actually lost wages since trickle down supply side economics was foisted upon us.  

[sheepdog]

Aug 28, 2018 13:16:54 GMT -6 sooner8th said:

Aug 27, 2018 21:45:27 GMT -6 NN said:

Serious question,I'm no economist, but if more car parts are made here (at a higher cost) and the parts made in Mexico are being made by Mexicans that just got a wage increase, won't that just make the cars cost more? And aren't US wages growing slower than inflation already?

Good question, yes it will.  Notice how it is car parts and not assembly in the outline?  Wages for making car parts is cheaper than assembly which is why they are moving assembly to mexico.  It will have the effect of sending more and more assembly to mexico and keep lower wage jobs here.  We should have it the other way around, assemble cars here and make parts in mexico, if you are going to manufacture out of the country.  

I heard today that the lowest 20% of wage earners were making ~$16k a year in 1979 and now make ~$16.2k a year.  So they actually lost wages since trickle down supply side economics was foisted upon us.  

What was the lower range hourly wage mentioned in yesterday's synopsis of the agreement with Mexico?

[soonernvolved]

www.zerohedge.com/news/2018-08-29/friday-nafta-deadline-looming-canada-optimistic-trudeau-holding-out-right-deal

With a bilateral deal between Mexico and the US already ironed out, Canada said an agreement to salvage the trilateral NAFTA - which technically no longer exists - is possible by the Friday deadline, but it will be hard work to resolve specific issues as talks with the United States entered a second day. Canadian Prime Minister Justin Trudeau said his government is trying to reach agreement with the U.S. this week. But Trudeau added that Canada won’t sacrifice its goal of getting the "right deal."

“We recognize that there is a possibility of getting there by Friday, but it is only a possibility, because it will hinge on whether or not there is ultimately a good deal for Canada,” he said at a press conference in northern Ontario on Wednesday. “No NAFTA deal is better than a bad NAFTA deal.”
"

"

“We’re going to be thoughtful, constructive, creative around the table but we are going to ensure that whatever deal gets agreed to is the right deal for Canada and the right deal for Canadians.”

Trump earlier set a Friday deadline for the three countries to reach an in-principle agreement, and is pressuring Canada to strike a deal by week’s end, which is when the Trump administration plans to inform Congress that he intends to sign a new trade pact with Mexico in 90 days that would replace Nafta. If Canada holds out, Trump warned he would levy tariffs on Canada if it does not come on board with revised trade terms.

This gives Canada three options according to Bloomberg: either strike a deal both can live with, cave to Trump’s pressure tactics or dig in and see what the U.S. will do.

www.bloomberg.com/news/articles/2018-08-29/u-s-said-to-stress-friday-nafta-deadline-as-canada-joins-talks

Canadian Foreign Minister Chrystia Freeland said Wednesday that she was optimistic that progress can be made this week, but she added that much work remained to be done to iron out the details: "When it comes to specific issues, we have a huge amount of work to do."

She declined to name the specific issues, but said on Tuesday that Mexico’s concessions on auto rules of origin and labor rights was a breakthrough. Freeland said the U.S. and Canada agreed to not negotiate the unresolved details publicly.

[oilsooner]

Lol




Sent from my iPhone using Tapatalk

[trumped]

When its all done Canada will pay for the Mexican/US wall

[oilsooner]

Holy shit...

Just got off the horn with a Canadian talking about NAFTA and Trump.

I know this dude has total TDS, but fuck dude...

Just hard to wrap my mind around how badly Trump has skull fucked these weak minded people.

Unbelievable.


Sent from my iPhone using Tapatalk

[redrex1]

Part of the deal needs to be that all the Canadian Geese go back home

[soonerbounce13]

Aug 30, 2018 17:34:04 GMT -6 redrex1 said:

Part of the deal needs to be that all the Canadian Geese go back home

and beiber

[soonernvolved]

www.zerohedge.com/news/2018-08-31/loonie-slides-canadian-officials-reportedly-doubt-nafta-deal-will-get-done

Despite outwardly optimistic appearances from Canada's Freeland, talks between Canadian and U.S. trade negotiators reportedly turned sour last night and Trudeau government officials are now expressing concern that a final NAFTA deal will not be concluded on Friday.

“That was a long, intensive conversation with Ambassador Lighthizer and his team. The atmosphere remains constructive. ...We are making progress,” Ms. Freeland said after a session that ended at 8:30 p.m.

She returned at 10:15 p.m. for another meeting that lasted just five minutes. Ms. Freeland told reporters that she had “a couple things to say” to Mr. Lighthizer and she would meet him again Friday.

According to The Globe reports, USTR Lighthizer has refused to budge on eliminating Chapter 19 - which allows Ottawa to challenge punitive American tariffs on imports before binational panels - and refusing to keep current cultural protection provisions in a redrafted North America free-trade agreement.

Ms. Freeland, who said on Thursday a deal is possible, had offered the Americans concessions on increased U.S. dairy exports to Canada U.S. and on intellectual property, but Mr. Lighthizer was unwilling to offer any concessions of his own on the two key Canadian demands.

However, it's not all 'give' from Canada, as they are reportedly holding the line on Buy American demands, telling the U.S. that it must have the same access to bid on U.S. govt contracts or will impose Buy Canadian provisions on U.S. firm.

As The Globe reports so ominously:

There is now deep concern within the Canadian negotiating team that the talks which continue this morning will end in failure.

However, on the back of The Globe's 'sources', the loonie is slipping lower - erasing all the early week hope-filled gains...

www.theglobeandmail.com/business/article-nafta-talks-sour-raising-doubts-of-deal-by-trump-imposed-deadline/

[soonernvolved]

www.zerohedge.com/news/2018-08-31/nafta-talks-conclude-press-conference-coming-430pn


After several days of negotiations, and just hours before the deadline, Reuters reports the the Nafta trade talks between the US and Canada have concluded.

U.S.-CANADIAN TRADE TALKS HAVE CONCLUDED -CANADIAN OFFICIAL: RTRS
CANADA'S FREELAND HAS LEFT USTR AFTER TALKS WITH LIGHTHIZER

Reuters adds that Canada's Freeland will hold a press conference at 4:30pm (after the close).
It was unclear if a deal has been reached, although some speculate that if there was a deal, the press conference would include the US, and not just Canada, which "usually means bad news."

[xingtherubicon]

Every day that goes by, I'm more and more amazed at how buttfuckingly stupid Obama and Bush were with regards to trade, NATO etc

[Boots]

Embedded in the agreement is a provision for standards of pay for maquila and other free trade workers in Mexico.

So, you may ask, why is that in a treaty between two nations?

Because, I will answer, the United States insisted on it.

Raise the living standard of the neighbor with the largest influx of economic driven illegal immigrants and you remove the impetus for them to come.

Ergo; another brick in the wall that Mexico is paying for.

6 dimensional chess, boys.