CKA Forums :: Trump has just revolutionized global trade by replacing NAFT

Trump administration negotiators reached a major agreement with Canada on trade over the weekend. The breakthrough, which came on the heels of an earlier deal with Mexico, vindicates President Trump’s tough approach to reforming trade and will mark a fundamental turning point for American jobs and global power.

The new U.S.-Mexico-Canada Agreement (USMCA), which replaces the North American Free Trade Agreement (NAFTA), is much more than just a new name.

Some of its breakthroughs include:

Aiding farmers by curbing Canada’s high tariffs and low quotas on U.S. dairy products.
Reinvigorating U.S. car manufacturing. Previously 40 percent of a car could be made in China or other places with few labor or environmental standards and still considered to be “North American” and imported cheaply into the USA. The agreement drops this foreign portion to 25 percent.

Easing the burden on sick Americans who fund drug development by paying full price for patented drugs. Both Canada and Mexico have agreed to respect drug patents on biologic drugs—the most promising field of new cures—for a period of 10 years, which means Americans won’t be only ones from whom drug companies can recover expenses.

NAFTA was the most hated trade agreement in U.S. history. A poll earlier this year showed a plurality of Americans wanted to leave the agreement and only one in three thought it was beneficial. That’s why self-described “free traders” who have whined incessantly about Trump’s use of tariffs and other aggressive tactics should praise him. Trump has taken a pact that facilitated crony trade and replaced it with one that is durable and preserves liberalized trade in North America. It also serves as a new standard for trade agreements with other counties, especially its provisions to protect U.S. digital services and intellectual property—a big part of the future economy.

Author:	Newsbot [ Tue Oct 02, 2018 11:48 am ]
Post subject:	Trump has just revolutionized global trade by replacing NAFT
Title: Trump has just revolutionized global trade by replacing NAFTA with USMCA Category: Uncle Sam Posted By: Robair Date: 2018-10-02 09:16:13 Canadian

Author:	Robair [ Tue Oct 02, 2018 11:48 am ]
Post subject:
I posted this article as an example of how effed up fox news is. This is where a lot of Americans get all their info. explains a lot eh.

Author:	DrCaleb [ Tue Oct 02, 2018 11:52 am ]
Post subject:	Re:
Robair Robair: explains a lot eh. Yup.

Author:	BartSimpson [ Tue Oct 02, 2018 12:03 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
I don't watch Fox News. Can't stand all the panels with assholes screaming at each other.

Author:	peck420 [ Tue Oct 02, 2018 12:27 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
BartSimpson BartSimpson: Can't stand all the panels with assholes screaming at each other. I thought all of your 'news' channels covered politics?

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Author:	N_Fiddledog [ Tue Oct 02, 2018 12:50 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
I wasn't sure how horrified I should be because the link was posted incorrectly and I can't see the article. I had to look it up. This one, right? $1: Trump administration negotiators reached a major agreement with Canada on trade over the weekend. The breakthrough, which came on the heels of an earlier deal with Mexico, vindicates President Trump’s tough approach to reforming trade and will mark a fundamental turning point for American jobs and global power. The new U.S.-Mexico-Canada Agreement (USMCA), which replaces the North American Free Trade Agreement (NAFTA), is much more than just a new name. Some of its breakthroughs include: Aiding farmers by curbing Canada’s high tariffs and low quotas on U.S. dairy products. Reinvigorating U.S. car manufacturing. Previously 40 percent of a car could be made in China or other places with few labor or environmental standards and still considered to be “North American” and imported cheaply into the USA. The agreement drops this foreign portion to 25 percent. Easing the burden on sick Americans who fund drug development by paying full price for patented drugs. Both Canada and Mexico have agreed to respect drug patents on biologic drugs—the most promising field of new cures—for a period of 10 years, which means Americans won’t be only ones from whom drug companies can recover expenses. NAFTA was the most hated trade agreement in U.S. history. A poll earlier this year showed a plurality of Americans wanted to leave the agreement and only one in three thought it was beneficial. That’s why self-described “free traders” who have whined incessantly about Trump’s use of tariffs and other aggressive tactics should praise him. Trump has taken a pact that facilitated crony trade and replaced it with one that is durable and preserves liberalized trade in North America. It also serves as a new standard for trade agreements with other counties, especially its provisions to protect U.S. digital services and intellectual property—a big part of the future economy. More at Link It does seem to be written from the POV of the American right but knowing that I'm not sure I see what's more incorrect about it than how much of our media is portraying the agreement as a gigantic liberal victory. Also, let's give the Devil his due. Fox posted that as an "Opinion" piece.

Author:	llama66 [ Tue Oct 02, 2018 12:53 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
BartSimpson BartSimpson: I don't watch Fox News. Can't stand all the panels with assholes screaming at each other. You just like the forums with all the assholes that scream at each other? Me too.

Author:	N_Fiddledog [ Tue Oct 02, 2018 12:57 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
llama66 llama66: BartSimpson BartSimpson: I don't watch Fox News. Can't stand all the panels with assholes screaming at each other. You just like the forums with all the assholes that scream at each other? Me too. "Pound?" # It's your fault. I'll never be able to see the 2 words "Me too" now without laughing.

Author:	Robair [ Tue Oct 02, 2018 12:58 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
$1: Easing the burden on sick Americans who fund drug development by paying full price for patented drugs. Both Canada and Mexico have agreed to respect drug patents on biologic drugs—the most promising field of new cures—for a period of 10 years, which means Americans won’t be only ones from whom drug companies can recover expenses Parroting big pharma's line is not doing the American electorate any favors. For example.

Author:	llama66 [ Tue Oct 02, 2018 1:07 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
N_Fiddledog N_Fiddledog: "Pound?" # It's your fault. I'll never be able to see the 2 words "Me too" now without laughing. Ruining things is one of the many services I offer.

Author:	Tricks [ Tue Oct 02, 2018 3:54 pm ]
Post subject:	Re: Trump has just revolutionized global trade by replacing NAFT
They sound like Apple talking about a new phone or laptop that changes one thing.

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