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Keyword: nafta

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  • Media Hysteria and Historical Context in the NAFTA Discussions

    07/20/2018 11:07:11 AM PDT · by jfd1776 · 2 replies
    Illinois Review ^ | July 20, 2018 | John F. Di Leo
    Every time the President talks about trade negotiations, it makes the news. On July 18, he mentioned – for the umpteenth time – that he might prefer to break NAFTA up into two agreements, and the press went ballistic again. We have hundreds of major issues in United States politics – taxes, unemployment, crime, foreign policy – and people can talk comfortably about them because they are always on the collective mind. But trade is different; it’s only an issue once every generation or so. So this is an issue with tons of misconceptions, not only in the electorate, but...
  • Canada’s Trudeau Shuffles Cabinet Over Trade Concerns

    07/19/2018 12:57:28 PM PDT · by croixjr · 8 replies
    OTTAWA—Canadian Prime Minister Justin Trudeau on Wednesday shook up his cabinet to prioritize trade diversification, signaling Canada’s growing unease about U.S. trade policy just as it faces further tariff threats from the U.S. On Wednesday the U.S. Commerce Department launched a probe on whether uranium imports threatened national
  • Senate takes symbolic shot at Trump tariffs

    07/12/2018 12:17:43 AM PDT · by granada · 24 replies
    the Hill ^ | 11/07/18 | JORDAIN CARNEY
    The Senate on Wednesday took a symbolic shot at President Trump’s trade policy amid anxiety on Capitol Hill over his tariff strategy. Senators voted 88-11 to instruct lawmakers hashing out a deal on a government funding bill to include language “providing a role for Congress” on tariffs implemented for national security reasons, known as Section 232 of the trade laws. The vote is nonbinding, meaning lawmakers don’t have to add trade language into the funding bill. But the vote margin, with more senators supporting it than the amount needed to override a veto, underscores the depth of concern on Capitol...
  • Mexico president-elect strikes upbeat tone on Trump ahead of talks

    07/10/2018 4:42:34 PM PDT · by 2ndDivisionVet · 7 replies
    Reuters ^ | July 10, 2018 | Ana Isabel Martinez
    Mexico’s incoming president on Tuesday thanked U.S. President Donald Trump for his “respectful attitude” toward the next Mexican administration and held out hope for joint progress on tackling illegal migration ahead of a major meeting this week. Mexican President-elect Andres Manuel Lopez Obrador is due to meet on Friday with U.S. Secretary of State Mike Pompeo, Trump’s son-in-law and adviser Jared Kushner, U.S. Treasury Secretary Steven Mnuchin and others for talks in Mexico City. The meeting will be the first major face-to-face discussions between Lopez Obrador and his team and U.S. officials since the leftist won a landslide victory on...
  • 'We are the casualty:' US pig farmers brace for second round of pork tariffs from China, Mexico

    07/04/2018 11:23:56 AM PDT · by Poison Pill · 75 replies
    CNBC ^ | 7/4/2018 | Jeff Daniels
    U.S. pork producers are about to be bitten by a second batch of hefty retaliatory tariffs from China and Mexico — and that has some large producers predicting they could lose big money and be forced to invest overseas. Executives say the pork industry has been expanding in recent years, in part on the expectation of export opportunities that would continue to support growth. However, the threat of a trade war is adding uncertainty and driving fear. "We put a halt on all investment, not just because we will be losing money, but because we don't know if growing in...
  • How Andrés Manuel López Obrador will remake Mexico

    06/28/2018 8:27:40 AM PDT · by rktman · 22 replies
    economist.com ^ | 6/28/2018 | Unk
    Mexican voters are so fed up with their ruling class that they are taking a chance on a populist. These events sum up what many Mexicans have long liked about Mr López Obrador, and what others fear. His concern for the poor and wish to improve their lot is sincere. However, Mr López Obrador has a shaky grasp of economics—urging some people not to pay their bills tends to drive up prices for everyone else, for example. And he has little respect for rules or institutions. This matters because Mr López Obrador is set to become Mexico’s president in an...
  • Mexico's president-elect thanks Trump, says pair will 'reach an understanding'

    07/02/2018 11:20:28 AM PDT · by yesthatjallen · 30 replies
    The Hill ^ | 07/02/18 | Emily Birnbaum
    Mexico’s president-elect, Andrés Manuel López Obrador, on Monday thanked President Trump for congratulating him on his election win and said the pair will “reach an understanding," according to The Associated Press. López Obrador, who triumphed in Sunday’s presidential election over the ruling PRI party, is a leftist who has previously criticized Trump. He wrote a book titled "Oye, Trump" ("Listen Up, Trump"), which criticizes the U.S. president's plans to build a wall along the U.S. southern border. Trump tweeted his congratulations to López Obrador on Monday. "I look very much forward to working with [Lopez Obrador]," Trump tweeted on Monday....
  • Mexico’s new president doesn’t want Mexicans to have to immigrate to the US

    07/04/2018 7:51:16 AM PDT · by yesthatjallen · 53 replies
    The Hill ^ | 07/04/18 | Teresa Puente
    Mexico elected a new president Sunday and his win should impact the U.S. debate over immigration. In his acceptance speech Andrés Manuel López Obrador, vowed to root out corruption in Mexico, even if found among his friends and family. And he told Mexico’s poor that he would fight for them first. He also had a special message for immigrants. He said those who want to “emigrate should do so for pleasure, not out of necessity.” He said he would first work to tackle poverty in Mexico. An estimated 44 percent of Mexicans live below the poverty line and 7.6 percent...
  • Peso falls after leftist wins Mexican presidency in a landslide

    07/04/2018 8:05:28 AM PDT · by ATOMIC_PUNK · 20 replies
    https://www.msn.com ^ | Fred Imbert 2 days ago
    The Mexican peso fell against the U.S. dollar on Monday after voters in the second-largest Latin American economy overwhelmingly voted in favor of a far-left candidate as its new president. The peso pulled back 0.6 percent versus the dollar, erasing slight gains seen on Sunday, to trade at 20.032. Andres Manuel Lopez Obrador, better known by his initials AMLO, received more than 50 percent of the vote in an election held Sunday. His two closest rivals only got about 23 percent and 15 percent of the vote respectively. His victory, however, could lead to tougher negotiations between Mexico, the U.S....
  • Mexico’s Victor Reaches Out to Trump, Seeks NAFTA Deal

    07/02/2018 9:31:40 AM PDT · by 2ndDivisionVet · 36 replies
    GV Wire ^ | July 2, 2018 | The Associated Press
    MEXICO CITY — The morning after his crushing election victory, Mexico’s president-elect Andres Manuel Lopez Obrador thanked President Donald Trump for his congratulation message and said he’ll contact the U.S. leader to “reach an understanding.” Lopez Obrador said in an interview Monday with the Televisa news network that Trump’s Tweet Sunday night “was very respectful. That is what we always want to maintain with the U.S. government, that there be mutual respect.” Trump tweeted Sunday that “I look very much forward to working with him. There is much to be done that will benefit both the United States and Mexico!”(continued)
  • Exit polls show Mexicans overwhelmingly voted for leftist Lopez Obrador

    07/01/2018 6:50:41 PM PDT · by Nextrush · 91 replies
    Reuters ^ | 7/1/2018 | Christine Murray, Diego Ore
    MEXICO CITY (Reuters)-Mexicans voted overwhelmingly for anti-establishment outsider Andres Manuel Lopez Obrador in Sunday's presidential election, exit polls showed, betting a leftward turn in government could end the corruption and violence that has blighted the country. One exit poll by polling firm Parametria showed Lopez-Obrador, a former Mexico City mayor, winning between 53 percent and 59 percent of the vote, far ahead of his two main rivals from Mexico's traditional ruling parties....
  • Trump says he won't sign any NAFTA deal until after the midterms

    07/01/2018 1:15:05 PM PDT · by DoodleDawg · 20 replies
    Washington Post ^ | 7/1/18 | Heater Long
    President Trump said Sunday that he is “not happy” with the revised NAFTA deal that his administration has been hammering out with Canada and Mexico and that he doesn't want to sign any new agreement until after the midterm elections in November. The remarks were aired on Fox News's “Sunday Morning Futures” on a critical day in the U.S. relationship with its neighbors as Canada started collecting tariffs on $12.6 billion worth of U.S. products to hit back at Trump and Mexican voters went to the polls to pick a new president, who will play a key role in shaping...
  • Canada, EU and Germany Signal Compliance With President Trump Trade Demands…

    06/21/2018 6:08:57 AM PDT · by MaxistheBest · 41 replies
    Conservative Treehouse ^ | 06/21/2018 | Sundance
    This win needs to be sipped slowly for maximum enjoyment. First, we would draw your attention to May 23rd, when President Trump announced an instruction to Commerce Secretary Wilbur Ross to begin a Section 301 review of the auto industry a week prior to the implementation of the Steel and Aluminum tariffs. At the time when all media were discussing other ‘matters’ CTH pointed out the strategy that was visible in the Auto-Sector. China, the EU (specifically Germany), and Canada were the strategic trade targets in the approach. About a week later, Canadian Foreign Minister Chrystia Freeland snarkily announced her...
  • Canadians boycott US goods, Trump over tariffs

    06/14/2018 9:09:59 PM PDT · by Berlin_Freeper · 73 replies
    thehill.com ^ | June 14, 2018 | Julia Manchester
    Canadians have started to boycott U.S. goods in the wake of President Trump's war of words with Canadian Prime Minister Justin Trudeau and the recent steel and aluminum tariffs on Canada, the European Union, and Mexico. CTV News reported on Thursday that Canadian shoppers were boycotting Florida oranges, Kentucky bourbon and California wine over the diplomatic rift. Canadians have also employed hashtags such as #BoycottUSProducts, #BuyCanadian and #BoycottUSA.
  • Sea Change

    06/13/2018 6:36:03 AM PDT · by Rummyfan · 21 replies
    Steyn Online ^ | 12 June 2018 | Mrk Steyn
    When every last Trudeau eyebrow has been scraped off the floor of the Manoir Richelieu, it's worth remembering that the divisions in the G7 are not quite as straightforward as the media would have us believe. For one thing, it's not G6 vs Trump; there's another disrupter in town: Just met the new Prime Minister of Italy, @GiuseppeConteIT, a really great guy. He will be honored in Washington, at the @WhiteHouse, shortly. Signor Conte heads what would once have been regarded as a pantomime-horse coalition of two rear ends: the left-wing Five Star Movement (M5S) and the right-wing Northern League...
  • Weak and Dishonest Justin

    06/12/2018 10:41:06 AM PDT · by A Formerly Proud Canadian · 27 replies
    YouTube ^ | Monday June 11, 2018 | Faith J Goldy
    Trump called out Trudeau's hypocrisy and now the two nations are on a brink of an all-out trade war. Trudeau only has votes to gain, risking the entire Canadian economy to get them; meantime, Trump could start to patriate the entire auto sector, securing mega votes in Michigan once again. Why are Cuckservatives siding with Trudeau and is there any sane way to make Dairy Nationalism Great Again?
  • Trump is right about the War of 1812

    06/06/2018 2:24:12 PM PDT · by 2ndDivisionVet · 49 replies
    The New Republic ^ | June 6, 2018 | Jeet Heer
    Trump is right about the War of 1812.In late May, Canadian Prime Minister Justin Trudeau had a crotchety phone argument about trade with President Donald Trump. As CNN reports, Trudeau objected to the idea that Canada was a “national security” problem (the legal justification for the tariffs Trump was introducing). Trump responded, “Didn’t you guys burn down the White House?” Trump was referring to the famous burning of Washington conducted during the War of 1812. (The event actually took place in 1814). Pedants immediately jumped in to accuse Trump of an error. After all, wasn’t the torching of the White...
  • On Cue – Mitch McConnell Welcomes Legislation To Block President Trump Trade Policy…

    06/06/2018 8:05:09 AM PDT · by Bratch · 16 replies
    There are Trillions At Stake.   There is no upper limit to what congress is willing to do to stop President Trump from turning off the lobbyist funding.  Without influence in DC there can be no affluence in DC.  That’s why McConnell cancelled the recess. If the president continues to remain focused exclusively on what is in the U.S. best interests, he must be stopped.  Politicians in DC cannot just sit-by and allow the U.S. economy to be based on the interests of Americans; it would mean the destruction of years of central planning by DC Lobbyists, multinational banks, Wall Street and...
  • Trump wants separate trade pacts with Canada, Mexico, ...

    06/05/2018 4:50:29 PM PDT · by canuck_conservative · 35 replies
    FinancialPost.com ^ | Tuesday June 5, 2018 | Staff
    ... “Yesterday we met with the president a couple times, and he is very seriously contemplating kind of a shift in the NAFTA negotiations,” Kudlow says. “His preference now, and he asked me to convey this, is to actually negotiate with Mexico and Canada separately. He prefers bilateral negotiations and he’s looking at two much different countries. Kudlow says Trump “hates multilateral” treaties. “Canada is a different country than Mexico, they have different problems, and you know, he’s believed that bilaterals have always been better,” says Kudlow. “Now I know this is just three countries, but still, you know, oftentimes,...
  • Question: how will NAFTA's ending affect Americans working in Canada? (Vanity)

    06/03/2018 4:06:00 PM PDT · by Mamzelle · 10 replies
    Vanity | 6/3/18 | Mamzelle
    There are Americans working in Canada covered by trade provisions that have certain tax privileges. NAFTA is dead as a door nail. What happens when the reality sets in?