NAFTA is dead. Donald Trump just signed a deal with Mexico excluding Canada from the process. NAFTA agreements that don't involve
all three parties are not NAFTA - they are just bilateral trade agreements. Canada has been kicked out of NAFTA and now the gutted
NAFTA is just the US and Mexico negotiating on trade.
The New NAFTA agreement with Mexico is much friendlier to the US and harsh on Mexican unfair trade practices,
Under the new agreement with Mexico, 75% of the content in automobiles must be sourced in North America to qualify for tariff-free treatment, up from 62.5% under the current Nafta.
The New Nafta includes rules that will make it harder for treaty members to challenge US trade penalties. While Mexico accepted that change,
Canadian officials have said for months that would be unacceptable.
Wilbur Ross, the US commerce secretary, confirmed on Tuesday that the Trump administration is “fully prepared to go ahead with or without Canada”
in ripping up Nafta and warned that Canada’s economy “can’t survive well” without a US deal.
“We hope that Canada will come in. I think it’s a good idea if they do. There’s really not much they should object to. But if not, they will
then have to be treated as a real outsider,” Ross told Fox Business Network.
US business groups sought to remind the administration that Canada remains its largest export market.
“In order to do no harm to the 14 million US jobs that depend on trade with Canada and Mexico, the agreement must remain trilateral,” the US Chamber of Commerce said in a statement on Monday.
These "business groups" are all illuminati companies who want to destroy the US economy or carve it up for themselves with their illuminati
Jewish friends. The Truth is that they are partially correct, Trump is killing NAFTA but that's a good thing and will help our economy and grow more
jobs over the long term.
90% of Canada's population lives within 100 miles of the US Border. Their entire economy is dependent upon ours. They don't make any movies,
their actors all come to the US. All the great people in Canada want to come to the big leagues - America. Canada is unimportant in the World Economy.
It is bland version of America's economy and really just an extension of it. That's why teh Canadians have no leverage over us in trade deals.
They are too dependent upon us for their economy's survival to exert pressure on us.
Despite their weak position, the illuminati and the Queen of England have protected Canada from true competition allowing them to utilize
numerous anti-fair trade practices. The Canadians have unfair tariffs on Lumber, Dairy Products, Maple Syrup. All industries that Canadians define as their
Canadian identity but industries that America has more competitive suppliers in and really out competes Canada in. Canada an only protect their uncompetitive
businesses by using tariffs.
The North American Free Trade Agreement (NAFTA) was brought in by New World Order puppet George Bush Sr. in the 1990s, and
implemented by Bill
Clinton. Prior to this, America enjoyed a trade surplus, as other nations were buying more US products than we bought from them,
which solidified the American middle class.
Trade imbalances are bad for countries on the losing side because that means their money is going into a foreign economy. NAFTA, a globalist scheme, created massive trade imbalances that hurt the US, yet the US government incentivizes it. Free trade agreements take the power out of the hands of the people and funnels it up to the sociopaths at the top of the pyramid.
While the American middle class is shrinking, the lower class is expanding- half of Americans are using some form of government assistance. While leftists promote socialism as the cure, Republicans defend corrupt corporations. Neither party is pursuing a free market solution based on ethics.
NAFTA has not only killed jobs in the US, but it has also decimated Mexico’s agricultural economy. For example, NAFTA allowed multi-national corporations to dump huge amounts of corn grown in the US into the Mexican market at below-market prices, undercutting Mexican farmers. It is more expensive to grow corn in the US, so American taxpayers were forced to subsidize the corporations who blew out the Mexican market. As a result, Mexican farmers lost their jobs and and immigrated in large numbers to the US. Mexican immigrants provide a cheap labor pool, and are pushing American workers out of the market.
Over 2 million Mexicans farmers were put out of work, which led to 500,000 low skilled workers immigrating to the US every year since NAFTA was enacted. Mass unemployment in Mexico caused poverty to skyrocket, which led to a huge spike in organized crime. Cartel crime, human trafficking and the drug industry all started with NAFTA.
By establishing the principle that U.S. corporations could relocate production elsewhere and sell back into the United States, NAFTA undercut the bargaining power of American workers, which had driven the expansion of the middle class since the end of World War II. The result has been 20 years of stagnant wages and the upward redistribution of income, wealth and political power.
The same tactic is being used against the US, which is being plundered by China as the free trade agreements have created a trade imbalance favoring China, which receives big breaks on shipping costs. The US is surviving only because there is cheap debt issued by the Federal Reserve.
Free trade treaties create monopolies and the winners are the illuminati - the heads of corporations and central bankers.