Trump brought up NAFTA many times during his campaigning. It has always been slap in the face for America and Trump wants to even the scales. It seems that making it an advantage to America is out of the question.
Canada is part of the NAFTA conspiracy as well as Mexico. About 6 months ago Mexico stated that they didn't care what Trump wanted in regards to adjusting NAFTA. If it didn't favor Mexico they would just bypass the U.S. and trade with Canada. Now it is Canada that is stating that if NAFTA doesn't favor them that they too want no part of it.
I wonder if Trump planned this where he would still have leverage and Mexico will have no choice but to trade to new NAFTA rules if/since they can't fall back on Canada.
I still believe that Mexico will pay for the wall eventually (as they should) through NAFTA's new rules or complete elimination.
From Seeking Alpha Ltd. site.
"Canada is willing to walk away from NAFTA if the U.S. proposes a bad deal. We will not be pushed around," Prime Minister Justin Trudeau said at a town hall event in Nanaimo, British Columbia. "Canceling it would be extremely harmful and disruptive to people in the U.S.... We are going to keep negotiating in good faith, [but] we are not going to take any old deal."
Canada is part of the NAFTA conspiracy as well as Mexico. About 6 months ago Mexico stated that they didn't care what Trump wanted in regards to adjusting NAFTA. If it didn't favor Mexico they would just bypass the U.S. and trade with Canada. Now it is Canada that is stating that if NAFTA doesn't favor them that they too want no part of it.
I wonder if Trump planned this where he would still have leverage and Mexico will have no choice but to trade to new NAFTA rules if/since they can't fall back on Canada.
I still believe that Mexico will pay for the wall eventually (as they should) through NAFTA's new rules or complete elimination.
From Seeking Alpha Ltd. site.
"Canada is willing to walk away from NAFTA if the U.S. proposes a bad deal. We will not be pushed around," Prime Minister Justin Trudeau said at a town hall event in Nanaimo, British Columbia. "Canceling it would be extremely harmful and disruptive to people in the U.S.... We are going to keep negotiating in good faith, [but] we are not going to take any old deal."


Comment