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Why Donald Trump Decided to Back Off Nafta Threat
Wall Street Journal ^ | April 27, 2017 | Peter.Nicholas, Paul Vieira and José de Córdoba

Posted on 04/28/2017 6:38:44 AM PDT by reaganaut1

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To: Jarhead9297
2-3000$

I am not defending OSHA, EPA etc. But follow those regulations does not add $2,000 to the price of a car.

41 posted on 04/28/2017 7:45:33 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
I post this question on all of these threads just to get the perspectives of other folks here on FR:

In 1990, U.S. exports to Mexico were $30 billion, and imports from Mexico were $28 billion. We had a trade surplus of $2 billion with Mexico.

In 2016, U.S. exports to Mexico were $231 billion, and imports from Mexico were $294 billion. We had a trade deficit of $63 billion with Mexico.

In terms of our trade with Mexico, was the U.S. better off in 1990 or 2016?

42 posted on 04/28/2017 7:46:41 AM PDT by Alberta's Child
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To: DoughtyOne
I'd lean on Trump backing down. Every time someone brings something to him, ie his daughter on Syria. He bends.

He's flexible on DACA and China being a currency manipulator.

43 posted on 04/28/2017 7:47:42 AM PDT by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Alberta's Child

I searched for timber production by state, but nothing came up in the first several finds. I’m sure it’s there to be found if one spends enough time searching, but softwood production is huge in the South and it will benefit if a tariff smooths out any dumping, or unfair practices concerning Canadian softwood exports.


44 posted on 04/28/2017 7:50:10 AM PDT by Will88
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To: LS

“As I recall, Trump repeatedly said NAFTA was a bad deal. He didn’t say “ no deal, “ EVER. If these guys renegotiate to our benefit, we win. That’s what I want, that’s what Trump promised.”

Exactly right. He wanted to renegotiate NAFTA. However if we needed to pull out he was ready to do that.


45 posted on 04/28/2017 7:52:46 AM PDT by Parley Baer
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To: Alberta's Child
Much better off. In 1990 the USA was still more or less self sufficient in manufacturing.

The problem with anti-American Free Traitors™ is they see holding the retail price down AT ANY COST a win. Heck we could return to slavery for all they care as long as the cost push equation was pointed down. But the thing is the consumer doesn't really see any benefit. The reduced costs are pocked by the middle men and international stock holders-with no allegiance to the USA.

So "Free Trade" is a win for the Adam Smithians but a loss for the citizenry and the tax payer(the forgotten man). It creates social chaos, just like Marx Predicted.

46 posted on 04/28/2017 7:55:47 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Will88

One interesting thing I’ve learned is that Canadian producers have gotten wise to these trade issues over the years. After the last softwood lumber dispute in the early 2000s they went on a buying spree down here in the U.S., and there are now something like 40 lumbers mills in the U.S. owned by three of the largest Canadian lumber companies: Canfor, West Fraser, and Interfor.


47 posted on 04/28/2017 7:57:30 AM PDT by Alberta's Child
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To: reaganaut1
Trump always asserted he would renegotiate NAFTA because it was lopsided against Americans - that seems to be where he is headed.

Too many stories use the meme that he's backing down by cherry-picking and too many here take a huge bite out of them crap pies.

48 posted on 04/28/2017 7:57:57 AM PDT by trebb (Where in the the hell has my country gone?)
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To: Will88

The duty imposed on Canadian lumber benefits all US softwood lumber producers both directly and indirectly. Most of the softwood(framing)lumber coming from Canada into the US is Spruce/Pine/Fir(SPF). There are mills in the US that also produce this specie group. These mills directly benefit from the new duty. The Southern Yellow Pine producers benefit indirectly because this specie group typically does not get used for the same purpose that the Canadian SPF gets used for.
FYI, we had a softwood lumber agreement with Canada that expired in October of 2015. It had been in place for ten years.


49 posted on 04/28/2017 7:59:17 AM PDT by woodbutcher1963
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To: central_va
You'll notice that the information I posted said absolutely nothing about the retail price of a product.

You're certainly entitled to your opinion, and you may be right ... but I have yet to see anyone make a compelling case that we were better off with $58 billion in trade activity with another country than we are with $525 billion in trade.

50 posted on 04/28/2017 8:02:11 AM PDT by Alberta's Child
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To: reaganaut1
"lots of jobs will be lost if we exit trade agreements"

False. Which jobs do you think would be lost?

The US has been losing money with NAFTA as the chart in the article clearly shows:


51 posted on 04/28/2017 8:04:56 AM PDT by Helicondelta (Deplorable)
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To: woodbutcher1963
Most of the softwood(framing)lumber coming from Canada into the US is Spruce/Pine/Fir(SPF).

Treated southern pine is used extensively for framing and homebuilding in general. Treated lumber is sold everywhere in the South, plus a lot of acreage is devoted to pulpwood production which might not be the case in Canada (don't know).

52 posted on 04/28/2017 8:05:58 AM PDT by Will88
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To: Alberta's Child

The main reason these Canadians bought the US mills was because the mountain pine beetle destroyed the timber base in British Columbia. It has resulted in the allowable cut in some parts of BC being reduced by 75%. Less timber = less mills. Long term Southern Yellow Pine will continue to gain market share because it can be grown to harvest in a shorter period than all other North American(and worldwide)species of commercial softwood.


53 posted on 04/28/2017 8:08:12 AM PDT by woodbutcher1963
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To: Alberta's Child

Your assumption that without NAFTA(or no trade at all with Mexico) the current $528B in economic actively would cease to exist. That is where your thinking is wrong.


54 posted on 04/28/2017 8:10:45 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Free trade agreements, regulations beyond OSHAA etc such as where you can build, how you can build, what material you can and cannot use and where, who you can import material from and where. OSHAA is but a pittance on the regulatory front. Yes it is true regulations are killing business including auto manufacturing and not purely cheap labor express. Ask yourself if the US had 46 unilateral trade agreements for auto manufacturing think it’d be far cheaper to churn out a car? Absolutely it would.


55 posted on 04/28/2017 8:12:10 AM PDT by Jarhead9297
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To: Helicondelta

That chart is a complete misnomer. You do realize that farming is a net export right? We ship billions in tonnage of crops to these countries yet deficits are reflected as bad. It’s 100% not bad when the $$ is returned here. That doesn’t reflect in the trade deficit babble. Whenever money is sent here in the billions such as x company within NAFTA invests in purchasing a building or land that too is abbey export. We fail to realize the thousands of businesses and jobs that are created as a byproduct.
That’s why I always take trade deficit chart with a loose grain of salt


56 posted on 04/28/2017 8:16:32 AM PDT by Jarhead9297
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To: Jarhead9297

How about this Jarhead. How about design, build, market and drive our own domestically made cars so I don’t have to worry about other countries, standard of livings,international politics and the destruction of the American manufacturing base and all the social/political chaos that goes with it, just like Marx correctly predicted. If that means every 7 years when I buy a new car it costs me $1000 bucks more then so be it. IMO Money well spent.


57 posted on 04/28/2017 8:18:49 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Jarhead9297

“x company within NAFTA invests in purchasing a building or land that too is abbey export.”

Net export not abbey...damn iPhone


58 posted on 04/28/2017 8:18:55 AM PDT by Jarhead9297
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To: reaganaut1

Man, I love how Trump goes about his business.

It makes me mad that not one of his predecessors ever went about their job the same way.


59 posted on 04/28/2017 8:20:18 AM PDT by Dana1960
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To: central_va

You and I are in agreement on the jobs being here. My approach however is getting Government completely out of the way entirely and let the free market system flow unabated. The consumers will pick the winners and losers.


60 posted on 04/28/2017 8:21:08 AM PDT by Jarhead9297
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