U.S. - Mexico Trade Deal Will Never Happen

[Oliver88]

Wow, just wow. A lot of people sure dont understand economics. Can Canada do without Nafta? Well sure, if you dont mind our GDP reverting back to 1985 levels.

The wealth accrued by our country and our current high standard of living is all due to nafta. We barely trade with any one else in the world in comparison.

But by all means keep up the virtue signalling.

So funny, our good amigos the mexicans got 5 weeks to negotiate a deal and sock boy gets 5 days. Good on him. He can own it.

If Groper gets us losing our NAFTA deal it will be interesting to see how many southern Ontario Liberals get elected with a 25% auto tariff.

Virtue signalling doesn’t pay in trade deals it appears......yikes.

[15444]

If Canada doesn't sign by Friday, they will no longer call any shots after the midterms. 25% auto tariffs will go into place, auto makers will leave (or do massive cuts) and when Trump comes back with a Trump-Friendly Republican Congress is 2019, Trudeau will have to only ask how high when told to jump. With a possible 3rd Supreme Court pick to come in the next couple of years, no Republican voter is going to risk losing the chance to shape the Court for the next 30 years.

Notice I said Trump-friendly Republicans. Voters are making that known in the Congressional primaries.

But yeah, I forgot, we don't need the US. The best years in the Canadian Beef biz were from 2003-2008 right?

[ajl]

Could you please provide some evidence to back up your claim US federal revenues are rising. All data I have seen says tax revenues are down since the tax cut
https://www.bloomberg.com/news/articles/2018-03-12/u-s-posts-biggest-budget-deficit-since-2012-as-tax-income-falls https://www.bloomberg.com/news/articles/2018-03-12/u-s-posts-biggest-budget-deficit-since-2012-as-tax-income-falls
https://www.wsj.com/articles/u-s-budget-deficit-narrowed-to-74-86-billion-in-june-1531418402 https://www.wsj.com/articles/u-s-budget-deficit-narrowed-to-74-86-billion-in-june-1531418402 http://www.thefiscaltimes.com/2018/07/13/Government-Revenues-Drop-Tax-Cuts-Kick http://www.thefiscaltimes.com/2018/07/13/Government-Revenues-Drop-Tax-Cuts-Kick
https://seekingalpha.com/article/4062442-danger-federal-tax-revenue-growth-falls-80-month-low https://seekingalpha.com/article/4062442-danger-federal-tax-revenue-growth-falls-80-month-low
https://www.cbpp.org/blog/cbo-forecast-of-weak-revenues-under-trump-policies-shows-impact-of-2017-tax-law https://www.cbpp.org/blog/cbo-forecast-of-weak-revenues-under-trump-policies-shows-impact-of-2017-tax-law

Here is one: Its primary focus is the deficit but it does mention that 9 months into fiscal 2018 revenue is up 1.3% from the corresponding period in fiscal 2017 which I do realize starts Oct 1.

https://www.bloomberg.com/news/articles/2018-07-12/u-s-budget-deficit-jumps-in-first-nine-months-of-fiscal-year

[shtferbrains]

We've got nothing to worry about because we know " No deal is better than a bad deal".

WTF does "no deal" mean?

[the big wheel]

If Canada doesn't sign by Friday, they will no longer call any shots after the midterms. 25% auto tariffs will go into place, auto makers will leave (or do massive cuts) and when Trump comes back with a Trump-Friendly Republican Congress is 2019, Trudeau will have to only ask how high when told to jump. With a possible 3rd Supreme Court pick to come in the next couple of years, no Republican voter is going to risk losing the chance to shape the Court for the next 30 years.

Notice I said Trump-friendly Republicans. Voters are making that known in the Congressional primaries.

But yeah, I forgot, we don't need the US. The best years in the Canadian Beef biz were from 2003-2008 right?

No deal and trump is done. We actually hold his future in our hands. Republican states that need our business will not b republican any more hello impeachment.

[grassfarmer]

We've got nothing to worry about because we know " No deal is better than a bad deal".

WTF does "no deal" mean?

No deal means not signing a poorer version of the NAFTA agreement than we have now. Absolutely right too and something that all Canadians should support. Life goes on with or without this deal. Don't believe the BS Trump is spouting as if he calls all the shots and gets to decide what the deal is - he probably believes the Apprentice show was real life. These are longstanding internationally negotiated trade deals. If a new NAFTA deal isn't signed trade is still governed by the WTO rules as well as NAFTA's predecessor agreement. Trump is a crook, a clown and showman with no clue how Government or politics work.

[SASKFARMER3]

You fool he is going to throw farmers under the bus.

He will take the deal.

Weak is weak.

[bucket]

You fool he is going to throw farmers under the bus.

He will take the deal.

Weak is weak.

Yup.... trudeau wasn't even smart enough to ask what the 12 billion was for and least point out to trump that the US is subsidizing farmers....

Anyone mention North Dakota canola subsidies ....didnt think so...

Farm groups and Trudeau must both go to the same negotiating school....

[the big wheel]

You fool he is going to throw farmers under the bus.

He will take the deal.

Weak is weak.

Ok so you agree deal shouldn't be signed?

[SASKFARMER3]

Yes don’t sign a bad deal.

My point is our gay pride bunch of fools went to a gun fight with a whip and leather boots.

And the USA went wtf.

And Mexico decided to play ball while Canada was out of the loop.
Proves again Trudeau is a fool