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Got any details as to what we gave up to placate agent orange?
Based on what I could find, Canada agreed to give US farmers more access to Canadian dairy market, limit export of Canadian-made vehicle, and allow more duty-free online purchases.
I'm surprised the steel and aluminum tariffs remain. That's something I thought would be a throw away to get the deal done but can only assume some assurance has been mad they're conditional upon this being ratified by congress or some such.
I'm surprised the steel and aluminum tariffs remain. That's something I thought would be a throw away to get the deal done but can only assume some assurance has been mad they're conditional upon this being ratified by congress or some such.
Trump has a problem. He is encouraging new steel mills to open. What company would take that risk if tariffs on Canadian steel were promptly eliminated? He was talking about quotas on Canadian steel today.
I think the new USMCA just gives some breathing room. We need to diversify our markets.
Trump has a problem. He is encouraging new steel mills to open. What company would take that risk if tariffs on Canadian steel were promptly eliminated? He was talking about quotas on Canadian steel today.
I think the new USMCA just gives some breathing room. We need to diversify our markets.
"We need to diversify our markets" is what governments all over the world are saying after the lessons learned from the Trump administration this past couple of years.
This is interesting. From USMCA agreement, Article 3.10:
Quote:
4. Entry by any Party into a free trade agreement with a non-market country, shall allow the other Parties to terminate this Agreement on six-month notice and replace this Agreement with an agreement as between them (bilateral agreement).
It looks like the U.S. want to stop Canada or Mexico from entering into a free trade agreement with China.
Quote:
It would make it incredibly difficult for Canada or Mexico to negotiate a free-trade agreement with a “non-market country,” which pretty obviously means China. Should one of the USMCA countries do so, the other two could kick it out of the club with six months’ notice.
It’s hard to read this as anything but a way to further lock Canada and Mexico into the U.S. orbit, restricting their ability to counterbalance against overwhelming American economic influence. Its presence requires explanation.
"We need to diversify our markets" is what governments all over the world are saying after the lessons learned from the Trump administration this past couple of years.
.
I'll be 55 in December. I've been hearing we need to diversify our markets since I was a teenager. That's why even my small city has paid for the mayor or a member of council to go on trade missions with members of the provincial or federal governments over the past 4 decades or so.
It's not like Canadian governments haven't known for decades that dependence on the USA leaves us vulnerable to their market fluctuations. We've been trying to spread ourselves out but geography is sort of destiny until transporters are invented.
Last edited by lollycat; 10-01-2018 at 07:14 PM..
Reason: spelling error
What does this mean for the CPTPP? I heard it was signed but has it been ratified? I haven't found any thing that says it was ratified.
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