Posted on 02/04/2018 11:00:44 PM PST by bitt
President Trump will pull the U.S. out of NAFTA and direct the U.S. Trade Representative to engage in unilateral trade deals with Canada and Mexico individually. There is no other possible alternative and here’s why.
First, the essential problem with NAFTA was an evolution over time. In its current form NAFTA became an exploited doorway into the coveted U.S. market. Asian economic interests, large multinational corporations, invested in Mexico and Canada as a way to work around any direct trade deals with the U.S.
By shipping parts to Mexico and/or Canada; and by deploying satellite manufacturing and assembly facilities in Canada and/or Mexico; China, Asia and to a lesser extent EU corporations exploited a loophole. Through a process of building, assembling or manufacturing their products in Mexico/Canada those foreign corporations can skirt U.S. trade tariffs and direct U.S. trade agreements. The finished foreign products entered the U.S. under NAFTA rules.
Why deal with the U.S. when you can just deal with Mexico, and use NAFTA rules to ship your product directly into the U.S. market?
This exploitative approach, a backdoor to the U.S. market, was the primary reason for massive foreign investment in Canada and Mexico; it was also the primary reason why candidate Donald Trump, now President Donald Trump, wanted to shut down that loophole and renegotiate NAFTA.
(Excerpt) Read more at theconservativetreehouse.com ...
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I hope it happens like “Sundance” is postulating in this excellent article. Well worth the read.
Trump should have initiated exit on day one of his administration and been negotiation a speedy exit. Okay, negotiation? Give the Mexicans 3 year delay if the pay of that big, bright, beautiful wall.
Yep, My Korean Samsung TV was assembled in Mexico.
“Trump should have initiated exit on day one of his administration and been negotiation a speedy exit.”
I wish I had a dime for every time I’ve read, “Trump should have xxxx on day one....1” Several times in my commercial career I took over a job that was in chaos. You sit with your subordinates, define the problems and make assignments. Even things that sound obvious at the outset sometimes turn out not to be the issue you thought they were. A primary objective in the new job is to keep the systems that are up and working at some level functioning as well as possible. The presidency and the cultural, social, and economic chaos that was inherent in and additionally created by the previous president is pervasive and omnipresent. We, The People, only see tiny bits of it. For the President and his staff it must be like taking a drink from a fire hose. Let’s give him four, and possibly, eight years to work through it all. I am confident that he will knock out the majority of the problems and reduce those he can’t change.
Naftexit? oh wait, how about Mexit?
NAFTA was crap and I supported Ross Perot back then. Perot was right! Blame Bush-Clinton for NAFTA. And NAFTA went through Congress and the Senate from Republican votes. Most Dems voted against approval because back then the Dems were still kind of the working man’s party though were fading fast on this.
To today where the Dems are the party of left oriented corporations (like Apple) that promote social agendas like gay marriage and tranny bathrooms. Pathetic! Plus Dems are open borders which kills the working man’s wages and even white collar wages such as in IT via H1-B imported workers.
“I wish I had a dime for every time I’ve read, “Trump should have xxxx on day one....!””
Yes, I just marvel at all the “savants” here on FR who from their Lazy Boy’s, beer in hand, tell us just what Trump “should have done.”
Yes, I just marvel at all the “savants” here on FR who from their Lazy Boy’s, beer in hand, tell us just what Trump “should have done.”
Maybe as I approach my 74th I am beginning at last to mature slightly. I don’t believe I have succumbed to the temptation to say what The Donald should have done. I do praise most of what he HAS done and I even wish he had done one or two things that the left lies about his having done.
Well said!
“Maybe as I approach my 74th I am beginning at last to mature slightly. I don’t believe I have succumbed to the temptation to say what The Donald should have done.”
Well Rip, I’m half way between 77 and 78, and I never thought I’d live to see the likes of Donald J. Trump. I loved Ronald Reagan, used to be in his company at California Republican Assembly events, but I have to say, in all candor, that there is actually no comparison between RR and Trump. Whereas RR, was fairly slow to get his agenda accomplished, Trump went through the gears on Inauguration Day and has had his foot flat on the floor ever since!
They are still the working mans party, just different working men than back then.
Both RR and DT had the “advantage” of following horrible Democrat presidents. Thus, there was low-hanging fruit to be picked, and both picked it. But the differences are that whereas RR had to finesse the Energy Crisis, DT inherited fracking/horrizontal drilling. Whereas RR had a fairly conservative but Democrat controlled House of Representatives, Trump inherited full Republican control of Congress. Not that there isn’t a RINO problem, but . . .Jimmy Carter had not bequeathed anything like the Executive Order regime of harassment of business that B.O. did. Not only that, but Reid had not busted the filibuster of nominees when Reagan was in office. The result is that Trump has much more authority to get useful things done by nominating good people like Gorsuch and his cabinet than Reagan had. Trump has a terrible regulatory thicket which he and his cabinet can slash away at that Reagan would have been horrified at.
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