Originally posted by ursus arctos
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Originally posted by Amor de Cosmos View PostToo early to say. I think the dairy concession was expected and, frankly, pretty hard to make a case for even within Canada. The dispute settlement is a different matter. Canada wants an impartial arbiter to any and all disputes. The US wanted such disputes settled in US courts. The latter is obviously unacceptable, but how far they'll move away from it remains to be seen.
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Has this been posted?
Anyway if so fuck it-just watch it again
-https://twitter.com/samuelljackson/status/1045815031928160256
Samuel L’s follow up tweet is a doozy too
https://twitter.com/samuelljackson/status/1045846812941316101
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This analysis is good IMO -in US and UK.
https://twitter.com/profkeithdevlin/status/1046545779123400704
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Outlines of the new NAFTA agreement released. Chapter 19 preserved as previously (major win for Canada). US gets access to Canadian dairy market, (win for US), tariffs lifted on Canadian steel and aluminum, (win for Canada), no US tariffs on most auto parts, (win for Canada,) Canada accepts quota system on vehicles shipped to the US (win for US.) Trump's already signed off apparently.
On first glance Canada "wins" what it already had prior to this negotiation, while the US gains, though new, don't amount to very much. The dairy concessions provide only a few percentage points more for the US than the TPP signatories are allowed, and the auto quotas are based on what the Canadian industry said it could live with without damaging existing or projected exports.
So months of sturm und drang amounting to not much of anything. Of course the orange shit-gibbon will spin it as the greatest treaty since the Congress of Vienna, but... zzzzzzzzzzzzLast edited by Amor de Cosmos; 01-10-2018, 04:43.
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Of course the orange shit-gibbon will spin it as the greatest treaty since the Congress of Vienna,Last edited by Ginger Yellow; 01-10-2018, 09:01.
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Will this be the end of it with NAFTA?
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Originally posted by Ginger Yellow View PostTo be fair, it sounds like a pretty successful negotiation for him. Certainly better than North Korea or the EU "deal". I've only seen the headlines, so maybe there's something else, but he got Canada to open up its dairy market and Mexico to make some relatively modest concessions on autos – which seem pretty sensible in their own right – for basically nothing in return other than not tearing up NAFTA (which would have been shooting himself in the foot in the long run anyway).
Edit: BTW, NAFTA no longer exists. What we now have is the United States-Mexico-Canada Agreement (USMCA.) So Trump can boast that he's destroyed NAFTA after all.Last edited by Amor de Cosmos; 01-10-2018, 14:01.
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I've no idea.
We're now beginning to find the devils in the details. For example there’s a clause allowing cancellation of the pact if any of the countries strike a free-trade agreement with a “non-market economy.” Clearly an attempt to hinder an FTA between Canada or Mexico and China, for example.
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Originally posted by ursus arctos View PostIndiana does have an oversize pharma sector.
Trade deals such as this have about 1% of the impact on mid-term voters that Tubbs seems to think they do.
But it's not like Donnelly is winning by a street.
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Originally posted by Amor de Cosmos View PostTPP11 — its successor, minus the USA — hasn't been ratified yet. I'm guessing the definition of a "non-market economy" will need clarification before much happens.
Trump could rejoin the TPP11 sometime, I suppose.
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