Canada rejoins talks to stay in NAFTA, deal possible this week

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1989TransAm
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Canada rejoins talks to stay in NAFTA, deal possible this week

Post by 1989TransAm » Tue Aug 28, 2018 1:29 pm

President Trump you magnificent bastard. :D Keeping yet another campaign promise. GO TRUMP GO

"WASHINGTON (Reuters) - Canada’s top trade negotiator joins her Mexican and U.S. counterparts in Washington on Tuesday in a bid to remain part of a trilateral North American trade pact, as U.S. officials expressed optimism a deal could be reached this week.

Ottawa is under pressure to accept new terms on auto trade and dispute settlement rules after the United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA).

Canadian Foreign Minister Chrystia Freeland rejoins the year-long talks following a hiatus of several weeks as the United States and Mexico ironed out outstanding bilateral disagreements in the renegotiation of the 24-year-old accord.

U.S. Treasury Secretary Steven Mnuchin told CNBC on Tuesday that he believed the United States could also reach a trade deal with Canada this week.
“The U.S. market and the Canadian markets are very intertwined,” Mnuchin said. “It’s important for them to get this deal and it’s important for us to get this deal.”

Trump has threatened he still could put tariffs on Canadian-made cars if Canada did not join its neighbors and warned he expected concessions on Canada’s dairy protections."

https://www.reuters.com/article/us-trad ... SKCN1LD1T4

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by RevTheory » Tue Aug 28, 2018 4:39 pm

Promises made, promises kept. MAGA! \:D/

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by j-c-c » Tue Aug 28, 2018 4:43 pm

Seriously, are you a post whore?

You just posted this nearly identical thread yesterday, it went south,, so are back at it, steering the narrative? [-X
viewtopic.php?f=33&t=54408

Rather Lame.


1989TransAm wrote:
Tue Aug 28, 2018 1:29 pm
President Trump you magnificent bastard. :D Keeping yet another campaign promise. GO TRUMP GO

"WASHINGTON (Reuters) - Canada’s top trade negotiator joins her Mexican and U.S. counterparts in Washington on Tuesday in a bid to remain part of a trilateral North American trade pact, as U.S. officials expressed optimism a deal could be reached this week.

Ottawa is under pressure to accept new terms on auto trade and dispute settlement rules after the United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA).

Canadian Foreign Minister Chrystia Freeland rejoins the year-long talks following a hiatus of several weeks as the United States and Mexico ironed out outstanding bilateral disagreements in the renegotiation of the 24-year-old accord.

U.S. Treasury Secretary Steven Mnuchin told CNBC on Tuesday that he believed the United States could also reach a trade deal with Canada this week.
“The U.S. market and the Canadian markets are very intertwined,” Mnuchin said. “It’s important for them to get this deal and it’s important for us to get this deal.”

Trump has threatened he still could put tariffs on Canadian-made cars if Canada did not join its neighbors and warned he expected concessions on Canada’s dairy protections."

https://www.reuters.com/article/us-trad ... SKCN1LD1T4

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by sanfordandson » Tue Aug 28, 2018 4:44 pm

RevTheory wrote:
Tue Aug 28, 2018 4:39 pm
Promises made, promises kept. MAGA! \:D/
Just like NK... :lol:

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by F-BIRD'88 » Tue Aug 28, 2018 5:04 pm

When the New incoming Mexican President comes to office in December Trumps little agreement won't be worth the paper its written on.
Canada is not going to roll over on this.

Canada is not going to sign anything by Friday.
Give your head a shake.
By the time the New Nafta deal (call it what you want) is actually signed and ratified in its final form Trump will no longer be potus.
We in Canada know how to endure long cold winters.
US new car buyers best be ready for new car sticker shock 'cause it is you that will be PAYING TRUMPS auto, steel and aluminum tarrifs.

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by RevTheory » Tue Aug 28, 2018 5:56 pm

This is interesting and helps you see how Trump thinks several steps ahead.

https://www.westernjournal.com/dick-mor ... mpaign=can

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by Brian P » Tue Aug 28, 2018 6:21 pm

https://business.financialpost.com/pmn/ ... t-a-glance

At first glance, this makes some sort of sense - raise wages in Mexico to bring Mexico up.

But that doesn't apply to the Canadian situation, in which inclusive of benefits, Canadian workers already earn more than US workers do, and are taxed more, in part to cover health care that US workers have to pay insurance for.

Net Canada-US trade was already far closer to being in balance than net Mexico-US trade was.

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by F-BIRD'88 » Tue Aug 28, 2018 6:28 pm

The US actually enjoys a NET overall trade surplus with Canada, including a BIG Net overall trade surplus in Dairy, overall. Trump does not want Americans to know this.

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by Brian P » Tue Aug 28, 2018 6:35 pm

RevTheory wrote:
Tue Aug 28, 2018 5:56 pm
This is interesting and helps you see how Trump thinks several steps ahead.

https://www.westernjournal.com/dick-mor ... mpaign=can
Perhaps it does - but I do have to point out that a "Chinese-made Canadian car" as suggested in that article is only a theoretical possibility, as there has not been any such vehicle produced, to my knowledge. Yes, it would be correct to nip the possibility in the bud before it happens, but it's not correct to imply that it already has happened.

The list of light duty cars and trucks officially assembled in Canada is quite short: Chevrolet Equinox, Chrysler 300-Challenger-Charger, Chrysler minivans, Ford Edge-Flex and the Lincoln equivalent, Honda Civic except hatch, Honda CRV, Toyota RAV4, Lexus RX series, Chevrolet Impala and a couple of platform-mates to it, and some GM trucks. NONE are "Chinese-made Canadian cars" as suggested in that article.

Honda sold some Chinese-assembled Fits in Canada, but never exported them to the US, and never tried to imply that they were NAFTA-sourced vehicles.

GM has never tried to imply that the Buick Envision was anything other than assembled in China.

There are some US-assembled vehicles that have a pretty big percentage of parts from Korea ... (GM, Hyundai/Kia)

There are some US-assembled vehicles that have a pretty big percentage of parts from Europe ... (BMW, Mercedes, Ford)

There are some Mexican-assembled vehicles that have a pretty big percentage of parts from Europe (VW, FCA, and others) ...

There are some vehicles with Japanese brand names that have quite high US content ... (Toyota, Honda)

Large changes in trade agreements screw with established supply chains. All I hope is that they don't break the auto industry by doing this.

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by mk e » Wed Aug 29, 2018 3:00 pm

Yet another twisted lie of a thread.

Canada was never not in NAFTA talks they just sat out the US -Mexico specific issues.

Enough with the lies already
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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by j-c-c » Wed Aug 29, 2018 3:14 pm

Brian P wrote:
Tue Aug 28, 2018 6:21 pm
https://business.financialpost.com/pmn/ ... t-a-glance

At first glance, this makes some sort of sense - raise wages in Mexico to bring Mexico up.
A State controlled market?

Businessman are always one step ahead of the government. the financial rewards are greater.

This just is an enticement to step up greater use of robots, so wages "appear" to increase, as jobs decrease.

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by mk e » Wed Aug 29, 2018 3:33 pm

j-c-c wrote:
Wed Aug 29, 2018 3:14 pm
Brian P wrote:
Tue Aug 28, 2018 6:21 pm
https://business.financialpost.com/pmn/ ... t-a-glance

At first glance, this makes some sort of sense - raise wages in Mexico to bring Mexico up.
A State controlled market?

Businessman are always one step ahead of the government. the financial rewards are greater.

This just is an enticement to step up greater use of robots, so wages "appear" to increase, as jobs decrease.
Plus it's an average mage not a minimum wage....so you change as many supervisors from salary to hourly as required to get the specified hourly average without raising anyone's wages. It's just silliness.
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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by Brian P » Wed Aug 29, 2018 4:57 pm

Auto industry in Mexico already has high levels of automation for modern vehicles that are sold in the USA/Canada/Europe. (I can't speak for the obsolete models that they still build for local or developing-world sale.) Automation isn't necessarily to cut jobs, it's to ensure that every vehicle gets every spot-weld in exactly the same spot without missing any, and the right amount of sealant is applied in the right spots, and the right amount of paint is applied in the right pattern, parts or fasteners aren't missed during assembly, etc.

If external constraints are applied for political reasons, I'm sure ways will be found to game the requirements ... this is not unheard of in the USA, either.

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by gmrocket » Wed Aug 29, 2018 5:20 pm

F-BIRD'88 wrote:
Tue Aug 28, 2018 5:04 pm
When the New incoming Mexican President comes to office in December Trumps little agreement won't be worth the paper its written on.
Canada is not going to roll over on this.

Canada is not going to sign anything by Friday.
Give your head a shake.
By the time the New Nafta deal (call it what you want) is actually signed and ratified in its final form Trump will no longer be potus.
We in Canada know how to endure long cold winters.
US new car buyers best be ready for new car sticker shock 'cause it is you that will be PAYING TRUMPS auto, steel and aluminum tarrifs.
:shock:

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Re: Canada rejoins talks to stay in NAFTA, deal possible this week

Post by gmrocket » Wed Aug 29, 2018 8:59 pm

gmrocket wrote:
Wed Aug 29, 2018 5:20 pm
F-BIRD'88 wrote:
Tue Aug 28, 2018 5:04 pm
When the New incoming Mexican President comes to office in December Trumps little agreement won't be worth the paper its written on.
Canada is not going to roll over on this.

Canada is not going to sign anything by Friday.
Give your head a shake.
By the time the New Nafta deal (call it what you want) is actually signed and ratified in its final form Trump will no longer be potus.
We in Canada know how to endure long cold winters.
US new car buyers best be ready for new car sticker shock 'cause it is you that will be PAYING TRUMPS auto, steel and aluminum tarrifs.
:shock:
Forgot to add...because I was stunned

You really think that?

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