http://www.foxbusiness.com/politics/...od-lumber.html - will it hurt?
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http://www.foxbusiness.com/politics/...od-lumber.html - will it hurt?
It will create animosity at the least. If I remember correctly, international court ruled in Canadian favour on that one, although there's probably no legal leg to stand on. I guess your fearless leader has to pay for the wall somehow.
For the Americans,it's simply a question of "supply and demand". Without the Canadian suppliers,American lumber costs will go through the roof. Those costs will be downloaded to the consumer and that won't sit well with cash-strapped customers,the very people that elected Trump. Not good for an unintended result.
This is a re-occurring theme, they have tried this for softwood over and over again and it has always failed in the international trade courts, Canada is not in the wrong and should not be charged but they keep doing it.Quote:
Originally Posted by Fisherman
The dairy industry in the US is another one on the list, Trump is claiming Canada is screwing them but Canada is actually just buying its own milk and the US is running out of buyers. They are making too much and there is no demand for it, obviously that is Canada's problem. How will Trump try to screw Canada over for not buying their product to the level they used to.
He has no clue how much NAFTA favours the US compared to Canada, maybe a re-write is needed, maybe we will get screwed over less if they cancel these deals.
That's my guess. NAFTA would have been a good thing if the Chretien Liberals and the Clinton Democrats had have left it alone to let it work,but,n-o-o-o-o,they couldn't let that happen. They had to "tweek" it to satisfy the politically correct crowd that cried "racism","favoritism" and "nepotism" instead of telling the leftist whiners to pound salt. As far as the WTO ruling against the Americans,again,I doubt President Trump will pay any attention to them,whatsoever,which MAY be a good thing for everybody. Those a**hats have been given far too much authority to dictate trade policy over sovereign nations. They,along with the UN,need to be kicked around the block a couple of times to bring them down a few notches. Trump is just the guy to do it.Quote:
Originally Posted by Fox
I think Justin is working on more important issues like legalizing marijuana. I don't think the liberals figured Trump would make sweeping changes that would affect us so dramatically. Sit down, roll one up and don't worry it's all under control.
Just once, I would like our PM to stare down the US president (whomever it is) when the US starts to get all bent out of shape over NAFTA. However, that would be political suicide as the trade between nations would suffer and a lot of people could lose their jobs.Quote:
Originally Posted by Fox
With Trump, you don't know what he is given to do any day of the week. I don't think he really knows. The majority of his campaign policies have either been reversed (some at the last minute) or overturned by courts. His inexperience about how the world works is starting to really show coupled with the fact he thinks Americans are getting screwed on every deal they have ever made despite evidence to the contrary. I think his antics (such as bringing the US senators to the White House for an important briefing on North Korea which didn't give out any recent, big information (and if certain reports can be believed Trump didn't speak much and wasn't in the meeting much) and several Repub senators did not seem too thrilled about being dragged to the White House such as Sen Bob Corker or promising to have a plan to replace Obamacare during the election and then passing it off to Paul Ryan and others) are starting to wear thin on his own party. His policy decisions change on a whim. How is the US suppose to be taken seriously when it's leader's policy shifts so rapidly? As he does this more and more, the US' world credibility shrinks less and less.
Both our PM and the Mexican President had late night calls with him and all of a sudden he said he will not pull out of NAFTA but work on re-negotiation. This tells me that both of them called him and helped him realize that he cannot do math and that the US is not as screwed and being "treated unfairly" by both Canada and Mexico. The lumber tariff could do a heck of a lot more damage to Trump's America than Canada, people are taking notice and are wanting to back away from trade with the US as Trump feels they should tariff everything but not allow anyone else to tariff them. If this ends up being the case our softwood will end up on a boat and not going south. Our milk will stay in our country and their farmers will run out of people to buy it. The US could end up going way too far when you look at isolation. They want to buy American but if they can only sell American and want to have high prices for their executives then the middle class will crash hard.Quote:
Originally Posted by Dythbringer
So I looked up the Office of the United States Trade Representative:Quote:
Originally Posted by Fox
https://ustr.gov/countries-regions/americas/canada
looking at the 2015 numbers, this president wants to endanger $662.7 Billion dollars (estimated 2015 numbers) between Canada and the US by destroying NAFTA. Anyone who would even consider endangering that kind of number shouldn't be in a position to do endanger it. I don't know what it will take for this guy to realize that how he thinks the world works isn't true. His comment today about how he thought the job was a lot easier than it was shows you how much he underestimated the work the job entails (I will bet he thought his will would be enacted and embraced by all but being a leader is not the same as being an owner of a company). Anyone with a before and after pictures of the various presidents can see how much of a mark the work of being the president leaves on a person.
The fact Trump wants to tariff everything coming into the US but doesn't realize that other countries will follow suit to US exports shows how badly he is mis-matched to the position. For years, he has had people blowing smoke up his backend about how good he was and he drank that Kool-Aid. As his presidency seasons over the first 100 days, everyone is starting to see how much of a big fish in a small pond he was.
As far as re-negotiation of NAFTA is concerned, Trump is sorely mistaken if he thinks Mexico and Canada will just give the US whatever he thinks it should have. A trade deal should work out to the benefit of both parites, not one side.
Well, he hasn't been able to do anything yet, so I wouldn't worry too much.