BREAKING Reports: Last Minute Trade Agreement Possible as Deadline Looms for Canada to Join U.S-Mexico Trade Bloc…

10:30pm EST – The U.S. and Canada have agreed on a trade deal that would save the North American Free Trade Agreement as a trilateral bloc, according to three people familiar with the matter.

President Donald Trump has approved the developments and the expectation is that an agreement will be announced on Sunday night, according to the people, who spoke on the condition of anonymity. U.S. Trade Representative Robert Lighthizer and Canadian officials are working on the final touches.  (more)

All day various media have been reporting on desperate, intense, and generally fast-moving last minute negotiations as a midnight deadline looms for Canada to join the U.S-Mexico trade agreement.   Expect the critical details to be framed around “Side Letters”.  Carve-outs within an agreement which remove the contentious aspects.

Canadian Foreign Minister Chrystia Freeland abandoned a U.N. speech to rush back to Canada on Friday night.  Tonight Canadian Prime Minister Justin Trudeau went to Ottawa to join the Canadian negotiating team in a series of back-and-forth conference calls between the U.S. and Canadian government.  USTR Robert Lighthizer and trade envoy Jared Kushner have been briefing President Trump throughout the day.

OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau called a late-night Cabinet meeting for Sunday amid signs that Canada and the United States were on the verge of sealing a deal to update NAFTA after frantic talks.

Negotiators from both sides spent two days talking by phone as they tried to settle a range of difficult issues such as access to Canada’s dairy market and U.S. tariffs.

U.S. President Donald Trump’s administration has said Canada must sign on to the text of the updated North American Free Trade Agreement by a midnight Sunday deadline (0400 GMT Monday) or face exclusion from the pact. Washington has already reached a bilateral deal with Mexico, the third NAFTA member.  (read more)

According to one report “side-letters” are being deployed to remove the conflicts within the trade disagreement. That’s the same  approach within some provisions of the bilateral Mexico-U.S. deal.

Two nations sign a side letter allowing Washington to pursue tariffs and set quotas on aspects of disagreement.  Side-Letters allow the U.S. to shape and modify concessions allowed within the main agreement over time.  The Mexican government agreed to a side letter on the auto-sector, allowing them some insurance that tariffs inside the auto industry would not be a factor so long as a particular quota threshold was not crossed.

This could be, and is likely to be, the approach toward finding common ground with Canada.

Some people familiar with the talks credited Trump senior adviser Jared Kushner for helping smooth the path toward a deal. When it looked like negotiations had stalled or broken down due to friction between the U.S. and Canadian sides, Kushner kept talks going with aides close to Prime Minister Justin Trudeau, including Gerald Butts and Katie Telford, three people said.

Lighthizer and Kushner were at the USTR office in Washington on Sunday afternoon negotiating final details by conference call with the Canadians in Ottawa. U.S. officials have been keeping Trump in the loop on every step since Friday, two people said.

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407 Responses to BREAKING Reports: Last Minute Trade Agreement Possible as Deadline Looms for Canada to Join U.S-Mexico Trade Bloc…

  1. Watch for a potential hit to Globalists’ Stocks!

    Trump just OUTFLANKED CHINA’s move to lower tariffs on goods that won’t expand American exports to speak of, and for which they likely put in hidden quotas or barriers.

    Liked by 14 people

  2. Troublemaker10 says:

    One down (NAFTA). Hopefully EU soon. After that, I don’t think China will hold out much longer.

    Liked by 8 people

    • Leverage: EU, Japan and other China alternative Deals FIRST.

      Liked by 6 people

    • cripto says:

      I would order it thus, KORUS was first, now NAFTA, Japan probably third, UK next if Brexit deal is unChequered, I suspect EU will deal when Brexit is cleaned up. China? They will make some small meaningless concessions, and that will come with behind the scenes repositioning and bolstering SOEs that hide the non-tariff barriers. Chairman Mao Jinping is moving left and talking ‘self reliance’ and rural ‘revitalization’. As I said before the great ‘trade war’ debate is over and the Comrades have come to a consensus that it is not about trade, but that the US wants to stop China’s rise as a world power.

      You will see inexorable movement by the US towards pressuring China on all fronts, one pressure point at a time. It will gather momentum and allies will help as China’s strategy affects them also. So, I would say no timelines for now. But the trajectory is clear. They will have to change their ways.

      Liked by 13 people

      • Vince says:

        India must be last, and China must know that India is last. If we can’t come to terms with China, China can be replaced with India.

        Liked by 3 people

        • cripto says:

          India, a nuclear power, is having a serious clash with Pakistan, also a nuclear power, on their mutual border. India likes to appear ‘independent’ of outside influence, thus does a little this a little that. Eventually it will have to make the hard decision. I suspect it will welcome coing full onboard with the Trump doctrine. Just my opinion.

          Liked by 1 person

      • tgimacb says:

        USS Decatur!
        -Twelve miles off the coast of a number of manmade militarized islands within China seas.

        -“Mao Jinping is moving left and talking ‘self reliance’ and rural ‘revitalization”
        All is well when one is caesar for life; currency manipulation, highways to nowhere and such engagements historically are futile.
        Internal partisan polit-bureaucrats WILL destroy it’s intolerable decades planning.

        Liked by 2 people

        • jrapdx says:

          If one is Caesar, one has only to worry about who among all those trusted souls in one’s inner circle holds the spirit of Brutus.

          Liked by 4 people

          • cripto says:

            Interesting the two posts. Chinese think tankers have internally (neibu 内部 ) have been saying that Xi by his actions, lifelong tenure, cult building, is setting himself up. When push comes to shove, he will be SOLELY responsible for any failures. A gamble, but in 3K years of experience with Tianxia (天下), the warnings were voiced. We shall see.

            Liked by 1 person

            • jrapdx says:

              Yup, “Pride goeth before destruction, and a haughty spirit before a fall.” If virtue is its own reward, arrogance is its own punishment. How many have underestimated PT, and how many overestimate their own invulnerability.

              Like

      • noswamp says:

        “Chairman Mao Jinping is moving left and talking ‘self reliance’ and rural ‘revitalization’. ”

        The self reliance and revitalization is nonsense. They are decades before they can bring up everyone’s standard of living to ours. They needed us as suckers to help them siphon off our wealth and with the previous patsies as President and Congress, McConnell his wife and Feinstein included, their play was to bring themselves up to our level in 10 years. Now that we have woken up, it will be decades before they can feed themselves and have the consumer base we have. Just aint gonna happen.
        Look at their pollution, for one, it is truly mind boggling. Masks in order not to get lung infections in their major cities. Their traffic, congestion, dirty streets(although the human street cleaners have helped some). I talk to engineers in China about when their pollution problem is going to be under control they tell me 2035 on a wing and a prayer.
        That is just one aspect of what they have to do to get their consumer base going, what about the ghost cities? Guess what, they are still ghost cities. Empty apartment buildings, with no one living in them situation worsened recently due to a real estate market crash recently in parts of the country. I know someone that made a killing off of this by the way. He was fortunate, not smart.
        Ma of Ali Babba has been talking of Chinese self sufficiency for YEARS. He was the visionary while the Chinese fiddled and assumed that things would remain steady until they overtook the US militarily and economically.

        Sorry China, the jig is up. Time to stand on your own two feet.

        Liked by 4 people

      • Louis Genevie says:

        China will change or be isolated. China’s first move was to try to cozy-up to our allies and Trump asked the EU, for example, how would you like this great trading partner in China that keeps very high trade barriers and wants you to have none on their goods? And how about their theft of your IP, great isn’t it? Oh, and by the way, they will manipulate their currency if all else fails and forget about the WTO. China breaks every rule in the book, apologizes and then starts over doing the same thing again. Great partner, right? The EU and all others will see the light soon enough and then China will pretend to fall in line. But they will soon learn that there is a new sheriff in town and their days of lying and cheating are over.

        Liked by 1 person

    • RoddREpub says:

      I personally don’t think China will make it past the end of the year. I know POTUS and others have mentioned it, but it is hitting them hard! Carry on!

      Liked by 1 person

      • noswamp says:

        “I personally don’t think China will make it past the end of the year.”

        They hold our bonds which they are gradually selling off. We don’t want China to fall too hard, but at the same time, they are so proud and so in tune with the politics of our country, (did you guys see where the Chinese hit us with their tariffs? USA FARMERS.) Chinese knew they were Trump supporters so it decided to hit them first. China will make it economically speaking way longer than a year, when you control EVERYTHING, you can do whatever you want to prop up the economy, including throwing cash to the tune of billions of yuan into their economy. China is not going anywhere any time soon, with the caveat: the only thing the Chinese fear is their OWN PEOPLE. Let Christmas come and go, and fewer goods are sold to America than before, then Chinese factories have to start laying off workers. What do you think those workers will do? They will revolt. Which leads me to what I mentioned earlier, the Chinese Gvt. will simply force the factory to pay them (say 50 factory workers) off( at 6mo salary(12,000 yuan(2000 yuan a month salary) approx. USD 1700 per worker, to put their finger in the dam. The province governor will happily force the factory owner to pay and make people sign severance packages. Not withstanding, at some point, you keep multiplying this scenario, then the dam will break. It just won’t be this year.

        Liked by 2 people

    • Mary Angela says:

      Ya gotta know when “to fold em”. Apparently little Justin did.

      Like

  3. Dave Sanderson says:

    As a new name to replace NAFTA may I suggest AMMECA …America + Mexico + Canada.

    Liked by 3 people

  4. sundance says:

    Liked by 16 people

  5. OSP says:

    What about banking?

    Are US banks still prohibited from doing business in Canada?

    Liked by 1 person

  6. Could this be the method to “PROGRESSIVELY RATCHET up N.A. AUTO PARTS CONTENT”?

    “Side-Letters allow the U.S. to shape and modify concessions allowed within the main agreement over time.”

    This would be a BRILLIANT tactic for “pacing” the Rate-of-Ratchet to match the Rate-of-Rebuilding for our Auto Parts Industry, preventing critical parts shortages!

    Liked by 12 people

    • Deplorable_Infidel says:

      “N.A. AUTO PARTS CONTENT”

      Another benefit should be increased quality of the components. This past year the thermocouple on the boiler had to be replaced. The technician said that the quality of replacement parts for appliances has deteriorated the past two decades. Many in the automotive field feel the same way about their imported repair parts.

      Liked by 12 people

    • Maquis says:

      And it communicates to industrialists that their pie can be much larger much sooner if they get off their asses and MAGA NOW!

      Liked by 4 people

    • dallasdan says:

      “Side-Letters allow the U.S. to shape and modify concessions allowed within the main agreement over time.”

      That is a very powerful statement. It has the potential of being the most beneficial “elastic clause” ever negotiated in a trade deal.

      Moreover, IMO it clearly signals that Trudeau and his lady friend were absolutely desperate to make a deal before time expired. As the MAGA-supporting details are revealed, Trudeau will be seen as circling the political drain after pulling the chain himself. Hilarious.

      Liked by 5 people

      • TRADE-DEAL “RATCHET SOLUTION”
        [GREAT FUN to see our contributions put to use!]

        =====

        Posted on September 15th thread:

        Trump-Tariff BRILLIANCE UNRECOGNIZED: The Content and Origination percentages can be RATCHETED UP whenever President Trump and AMLO decide our countries are ready to take another step toward 100% “Made in USM”.

        Trump-Tariff BRILLIANCE UNRECOGNIZED: The Mexican-Auto $16 Minimum Wage just STARTED ABOVE the American Lefties Minimum Wage propositions of $15 … and can be RATCHETED UP whenever President Trump and AMLO decide to.

        Watch for Mexico Trade Agreement details that TRANSITION PARTS SOURCING from CHINA to AMERICA … with PACING that MATCH the SPEED of AMERICA’s MANUFACTURING RENAISSANCE.

        Sundance on 9/15 RE WAGES & CONTENT: Thank you for the inspiration!
        “Combining the wage aspect with the content and origination agreement, this has become a win/win for both AMLO and President Trump.”

        =====

        Posted on September 30th thread:

        [RE SIDE LETTERS] This would be a BRILLIANT tactic for “pacing” the Rate-of-Ratchet to match the Rate-of-Rebuilding for our Auto Parts Industry, preventing critical parts shortages!

        Sundance on 9/30 RE SIDE DEALS: Thank you for the explanation!
        “9. The new agreement puts a system into place to progressively ratchet-up the amount of North American part content produced by Canada; in order to retain their access to the U.S. Market.”

        “11. Additionally, this approach is a tactic for “pacing” the Rate-of-Ratchet to match the Rate-of-Rebuilding for our North American auto parts industry; which has been heavily outsourced to China/Asia; and the time-allowed will prevent critical parts shortages.”

        Liked by 2 people

  7. romy911 says:

    I never would have dreamed I would be excited about (or even understand) trade. Thanks Sundance & fellow Treepers..

    Liked by 17 people

    • MAGADJT says:

      Me either. Thanks to SD and to Trump for making it a household conversation. The more people understand our trade deficit and budget deficit, the more the GOP will win. The Dems have always been able to use sound bites to obfuscate complex issues.

      Liked by 14 people

      • Dutchman says:

        Ues, I was brainwashed my whole life that “protectionism” was BAD, and would hurt America.

        Until DJT, no one ever explained that EVERY other country was ‘practicing’protectionism, except US!

        Liked by 7 people

  8. MakeAmericaGreat says:

    Sounds good

    Liked by 3 people

  9. Nigella says:

    I hope we didn’t give in… Any word on the agreement?

    Liked by 1 person

  10. Deplore Able says:

    Since the Mexico deal was struck, I wrote of Canada: “Capitulate they must.”

    Now I can write: “Capitulate they did.” But not entirely. Canada is too reliant on an assembly economy, using cheap subsidized Chinese parts to assemble and sell into the USA. That can’t be changed overnight. Canada needs time to transition. Transition they will. Side letters will be signed, but progress we must see.

    In the end, a good deal for Canadian middle class. Skilled manufacturer employees make more that assemblers. Cowboy up Canada. Time to start making stuff again.

    Liked by 12 people

  11. Cathy M. says:

    Keep on Keeping On!!

    Liked by 2 people

  12. Lynn Smith says:

    Golly Gee I Love and Thank Almighty God for Our President!

    Liked by 9 people

    • Turranos says:

      Well, well, Canada is still under crushing Socialism that will only get worse but, at least, jobs and the economy should be better off with this agreement. I’m sure many people behind the scenes need to be thanked but no credit should go to Sparkle Socks and Eggplant.

      Like

  13. 335blues says:

    I hope that the Canadian people will soon wake up from the drunken stupor of socialism
    and comprehend what the American people now understand with the excellent
    help of our great President Trump. People who love freedom and liberty must
    turn back the push toward globalism, which is in reality a push toward
    global communism, and crush the imperialistic aspirations of communist china,
    and the unelected dictators who rule from the EU politburo.
    It is capitalism that provides ordinary citizens an avenue to improve their
    standard of living if they are willing to work for it.
    Socialism, communism, whatever it is called only leads to misery and suffering.
    Trudeau and his cast of socialist clowns will never guide Canadians to a better Canada.

    Liked by 10 people

  14. MB224 says:

    Hmmm. I’m curious to see the details. Funny how the Canucks and their propaganda wings CBC and CTV all said…”There’s no deadline. Deadlines are made to be broken.” Well it looks like this deadline wasn’t made to be broken. They don’t understand: Trump does not bluff, as Sundance so astutely observed some time ago.

    Liked by 8 people

    • I think Kushner “leaked” Mexico’s Withdrawal Announcement scheduled for tonight:
      • Kushner LEAKED.
      • Trudeau FREAKED.

      Liked by 10 people

    • Exurban says:

      Justin cannot release anything detailed about any changes to dairy protection until polls close in the Quebec provincial election tomorrow night at 8 pm EST. It’s a close one where a party that wants immigration reduced may displace the Quebec wing of Justin’s Liberal Party. He may well be signing a deal, but he’s got to keep those details quiet until then.

      I’m skeptical that he’s really signing anything significant. “Concessiions” on dairy just mean cheaper milk, cheese and eggs for me. I’d be thrilled to sign the same deal the Mexicans did, but Justin’s not going to do that because he doesn’t WANT steel and aluminum coming back because 1. he’s a green fanatic and 2. those aren’t his voters aren’t his donors just aren’t his kind of people. (Actually, you could say the same about the auto companies and their workers.) Justin will continue to stall until the US elections in November because he considers himself a glbal member of the Resistance.

      Liked by 1 person

      • Exurban says:

        Sorry about the typos, and I originally wanted to reply to MB224 about “deadlines”. Justin doesn’t have deadlines, he has dates he intends to stall things past. Those are the Quebec election tomorrow and the midterm elections Nov. 6.

        Liked by 1 person

      • noswamp says:

        I tend to believe your sentiment. Hope its not factually correct though.

        Like

  15. feralcatsblog says:

    Justine makes me think of Tuco. Trump would be Blonde. Guess the scene.
    ,
    ,
    ,
    ,
    You never had a rope around your neck. Well, I’m going to tell you something. When that rope starts to pull tight, you can feel the Devil bite your ass.
    – Tuco Benedicto Pacifico Juan Maria Ramirez,

    Liked by 2 people

  16. MakeAmericaGreat says:

    Looks like the new name is set (added an “A”)

    Liked by 7 people

  17. Troublemaker10 says:

    Excerpt:

    It’s not the first time China has reduced trade barriers amid Trump’s criticism. In July, China lowered tariffs on consumer goods including clothing and home appliances.

    The latest Chinese government announcement comes as U.S. trade negotiators face a midnight deadline for an agreement with Canada to replace the North American Free Trade Agreement.

    Liked by 5 people

  18. JoD says:

    I sure hope that Chrystia wears that “stunning” purple dress to the signing.

    Liked by 3 people

  19. Sedanka says:

    Like I’ve said from the start, Trump’s goal was clearly not to just rip up NAFTA and walk away, it was to renegotiate the agreement into something fair, equitable and beneficial to the United States.

    Liked by 10 people

  20. Disgusted says:

    What about those of us who have rejoiced about ending NAFTA as we have been promised would happen by our President? Why are we getting this bad news from the usual “unidentified “sources, and how is it Kushner is involved? Any checking on his qualifications for this level of our negotiations doesn’t put him in a league anywhere near this job would require. Very confused, considering all the prior articles here, all rejoicing eliminating NAFTA, Justin and HIS crack negotiator! I am here at CTH multiple times every day and I hope my attitude is approved this time. If not, sorry about that.

    Liked by 1 person

  21. Sammy Hains says:

    The final agreement between Trump and Justin from Canada is Justin gives Trump everything he wants, and Trump promises not to call Justin a pussy before the 2019 Canadian election.

    Liked by 16 people

  22. Mommy why does good economic news make the leftist angry?

    Liked by 8 people

  23. TreeClimber says:

    I’d suggest Justine offered to do something for POTUS but it’s kinda vulgar for the Treehouse…

    Liked by 2 people

  24. chiefworm says:

    Disgusted, you are not allowed to have an attitude…just kidding. NAFTA IS dead. The only commonality is that with the addition of Canada it is again a trilateral deal. As for Kushner, I’d say he was a “feather de-ruffler”. As for his qualifications…I believe all we need to know is that our VSG President Donald J. Trump doesn’t seem to have a problem with it.

    Liked by 4 people

  25. rbrtsmth says:

    By the way, I hope some of those Swampy Senators see this and just get Kavanaugh done. Talk all you want after the fact.

    Liked by 1 person

  26. Troublemaker10 says:

    😀

    Like

    • MB224 says:

      I KNEW they’d tried this bullshyt. This entire process has made me seriously DISLIKE many, many, many things about Canada and Candians. It’s deeply disturbing.

      Like

  27. teeheeman says:

    Look forward to seeing the detail. i hope there is some language on IP infringement – not a big deal with MX/CA but a HUGE issue with China were IP/copyright infringement is rampant.

    Liked by 3 people

  28. Doppler says:

    Amazing weekend!
    1. I spent a lovely weekend with my wife and daughters – who had shared a group weep when Hillary lost, and, without my saying anything, two out of three of them were reacting to MSM reports about the further FBI inquiry re Kavanaugh by suggesting that the FBI should also look into how an uncorroborated allegation was allowed to derail Kavanaugh’s confirmation. With no male “bullying” attacks on Bradley Ford to distract them, they were focused on the heart of the matter, whether she was abusing her power as a vulnerable woman to frame Kavanaugh. They’re all teed up, depending on the result, to reach the conclusion that Feinstein is guilty, Guilty, GUILTY, and that further delays are just further proof of that.
    2. We also watched the Journal Report interviewing Mukasey, and talking about Rod Rosenstein. One of these lights of my life asked me who RR was, and I got to fill her in on the background on that story, which was supposed to be the whole story last Thursday, but is pushed back to next week’s episode.
    3. The NYT has an interesting op ed piece explaining why Trump will WIN in 2020, based on what the article condescendingly described as lessons from reality TV shows (e.g., the best shows have all lasted about six years, and the Trump presidency is the all time greatest reality TV show). They still don’t like him, but I was able to explain that most of what they don’t like is just him trolling his enemies in the MSM suckering them into nonstop coverage of his successes, if only to trash them due to transparently intentional exaggerations, hyperbole, etc.
    4. And now Canada comes to terms on the new NAFTA (or AMMEXCA) deal. While it’s fun to ridicule sparkle socks, I predict that President Trump will now have positive things to say about Trudeau and his team, now that a deal is reached. It’s part of his style.
    5. Something tells me that a similar breakthrough with China may also be imminent, not only resolving tariffs to mutual benefit, but also breaking any logjams with finalizing NK, while perhaps purging the US of high profile China-corrupted agents serving in or close to our government (ah, ah DiFi-Biden-Kerry CHOO).

    And, of course, the Trump-boom stock market continues to make geniuses out of all us buy and hold diversified investors.

    Liked by 10 people

  29. dufrst says:

    This is great news because the big enchilada is China, the 2nd largest trade partner of US if the EU is considered as a single trade partner and the nation with largest trade surplus with the US. This is just one more step towards balancing trade with China, where most of the trade deficit resides.

    We have our 3nd and 4th largest trading partners in line, again if you count EU as a single trade partner. Trump also closed the deal with South Korea, our 6th largest trading partner.

    We have the Japan now negotiating a new bilateral deal and the EU is already at the table (our number 1st and 5th largest trading partners respectively). If we come to terms with those two, then all that remains would be the UK and India (7th and 8th largest trading partners respectively) to come to terms in order for China to be isolated among the top ten US trading partners. India is already wanting to come to the table according to Trump in his last rally speech and we know the UK is inching to get into trade negotiations with the US once they can complete Brexit.

    These 10 nations make up 92% of the US trade deficit and China alone makes up 47% of the trade deficit. Trump’s brilliance was in working directly and around obstacles in all of these negotiations. He came directly to China and then when they didn’t move, he slapped tariffs. Now, he is going around them and reaching one agreement after another. China will come to terms one way or another, whether its unilaterally, bilaterally, or against a multilateral front created by Trump with deals closed with the other 9 large trade partners.

    Trump is already the greatest economic president in my lifetime. What he’s doing on trade, taxes, regulations, energy, and health care, will put him on Mt Rushmore. If he can turnaround and solve the fiscal spending problem in Washington, well then he would have broken the mold and will stand alone! MAGA!! Get out and vote 2018!

    BTW, with all of this great trade news, I fully expect tighter races than people think in the Midwest states, especially in the Senate. Watch carefully the races in MI, OH, MN, PA, IN, and WI for some major surprises because of these trade developments. Trump delivered!

    Liked by 11 people

    • rbrtsmth says:

      With this trade deal in the tank AND with Canada on board, this removes one of the points where Democrats were going to try to scare their constituents into line. The “our state does 50% of our trade with Canada” doesn’t cut it anymore. While citizens will say Trump got it done again — without any help from them ankle-biting, MAGA-hating Democrats.

      Liked by 7 people

    • gda says:

      Good stuff. Tnks.

      Liked by 2 people

    • teeheeman says:

      Nice post. One Senate race no one is talking about is sitting WI Dem Tammy “potted plant” Baldwin. Who outside of WI has even heard of her?? Definitely tough, but veteran Republican Leah Vukmir has a shot to beat her I think. Who would have ever thought WI would go for Trump in 2016?? Stay tuned…… probably pie in the sky, but shoot for 60 R Senate seats!! Now THAT would be cool….

      Like

  30. ken ken says:

    Canada was taken by the balls…..and u can only take so much pressure in that situation. President Trump has a vise-like grip.

    Liked by 2 people

  31. ken ken says:

    President Trump is TRULY a once in a generation miracle.

    Liked by 4 people

  32. Bill says:

    NOTE, Trump gets a HUGE political victory BEFORE the Nov. 6th Mid-term elections.
    Reinforces the message to vote Republican for more jobs.

    Trump has smashed the Obama ‘can’t do anything to change trade ‘ statement!!

    Liked by 4 people

    • Bill says:

      I would guess that Freedland and Trudeau did NOT want to hand Trump a political victory, but they would lose *all* leverage if not included in US/Mexico trade deal.

      Liked by 1 person

    • rbrtsmth says:

      As the Trade deals get done the gathering momentum makes other nations want to wrap up their deal. Nobody of consequence wants to be the last to the table. I guess, unless you are China and don’t know what to do when challenged in trade for the first time.

      Liked by 1 person

  33. Dutchman says:

    The one thing I’m not clear on; can China SURVIVE, in anything like it’s current form, if it capitulated to VSG on trade?
    Let’s face it, they produce CRAP. And in large part, they have failed to improve their quality, over last 30 years.

    When Japan started importing into U.S., their products were crap, BUT THEY IMPROVED, fairly quickly.

    The Chicom system is inherently corrupt, and strongly discourages the kind of thinking needed for innovative thought.

    A trade deal, and other measures which effectively prevent I.P. theft, lowering their barriers, etc. would be innimical, even dangerous for their system.

    If they continue to produce crap, with no innovation, they can’t compete.

    And, in order to improve quality, and spur innovation, they would have to change, changes which would destroy the communist system.

    So, I ask; Can Chicoms survive, with the Trade deal DJT is going to insist on?

    Can they compete, in a truly level playing field?

    Liked by 1 person

    • Bill says:

      If there is a coordinated world response to China’s illegal business tactics and tariffs, and you greatly impact GDP (-5% GDP contraction), you could kill their banking system. There was a Zerohedge article that stated continuous US interest rate increases would generate massive capital outflows from China that would result in REAL problems due to their corrupt banking system (and 300% Debt to GDP ratio.)

      Liked by 5 people

    • MB224 says:

      China’s dysfunction is DEEPER than the CCP or whatever they call their Commie party. It is truly a CULTURAL paradigm of taking the cheapest way out of any situation. They scam and scheme and cheat EACH OTHER. Unlike the Japanese, who were in rubble and were given the brilliant system for production of the great Edwards Deming, China will have no such opportunity or interest. I am personally all for crushing China outright. Market access is irrelevant if their easy money still flows. They will continue to exploit, leverage, steal etc. I would prefer they be labelled enemies outright and dealt with accordingly. Maybe it’s not time to do that. Maybe the extent of their treasonous activities needs to be exposed. But sooner or later they will have to be brought low, either through sanctions, tariffs or simply being replaced as a cheap labor depot. It will be interesting to see.

      Liked by 1 person

    • trialbytruth says:

      This is very valid question. I beleive Trump will give them a small space where they can continue a slow growth. Contraction is not go for anyone.

      I beleive the goal is to dampen their ability to become a stronger military force and force China to focus on domestic.improvments before conquest.

      Like

      • Bill says:

        Per Peter Zeihan, China has a huge demographic problem like every other nation in the world except the USA. A single Chinese son is suppose to support 4 Grandparents, 2 parents and grow a family and become a huge consumer of domestically manufactured goods. It will be problematic.

        The 2 child birth policy is not catching on in China.

        Liked by 1 person

    • Sylvia Avery says:

      “Let’s face it, they produce CRAP. And in large part, they have failed to improve their quality, over last 30 years.

      When Japan started importing into U.S., their products were crap, BUT THEY IMPROVED, fairly quickly.”

      Interesting point. I’m old enough to remember when Made in Japan meant you were getting the cheapest, flimsiest, poorest quality stuff. But then it improved and they started making some really good stuff.

      But China? Just for example. My microwave oven died. Countertop style. Circa 1999. Oh, how times have changed. All microwaves or at least their components are now made in China. There are two manufacturers in China who produce all the microwave ovens.

      I was reading online reviews of various brands. For several brands the comments included they were so lightweight when you opened the door they scooted clear across the counter so it would be nice if they would put little suction cup feet on them. Couple others were fire hazards. One guy was heating his microwave dinner in his new oven and he noticed flames inside the oven. He unplugged it and when he opened it up discovered the fire had burned so hot it had melted the glass turntable. When he tried explaining this to the Phillipine call center they told him it was food build up. He tried to explain it was a new oven, first time use. No, no. It is food build up. Another comment on a different brand microwave was gee it is a pretty nice oven, but unfortunately the cardboard they used to construct the inside of the oven gets soggy and deforms from the steam of actually using the microwave.

      Good heavens, I’m afraid to buy one after reading all that.

      Liked by 1 person

  34. gda says:

    It will be interesting to drill down the details. Looking forward to that.

    Thank you PDJT. And all those who helped in making this happen.

    Congratulations PDJT! Simply amazing stuff happening on trade. Look out China!

    May I add that I was always confident that a deal would be made, even when Sundance was not, and hugely relieved that it was (I guess someone lit a fire just in time under Dopey).

    Like

  35. Gary Lacey says:

    So Trump takes the Chamber of Commerce(Corruption) out of the equation,…absolutely brilliant!

    I wonder, can the courts try Tom Donahue…for stupid?

    Liked by 1 person

    • The Defiant One says:

      @Gary Lacy, “I wonder, can the courts try Tom Donahue…for stupid?”

      I don’t think Donahue is stupid, he’s just set in an old mindset that President Trump utterly destroyed. Just 6 years ago Mittens (one of the Grandfathers of Obamacare) thought that Globalism and American decline was the future– there was no reversing it so why fight it. And then came President Trump who challenged that assertion and kicked it’s ass with MAGA!

      We see it now with Kavanaugh, HE WILL BE CONFIRMED, yet the same old voices that Donahue represents think it’s impossible because Kavanaugh is too “Pro-American” and not “Globalist” enough in their eyes. And like Donahue the same shreking voices of the past will have hissy fits being unable to understand that they too are obsolete and that America is back on the rise.

      Liked by 2 people

    • MB224 says:

      Economic Treason is what he and several politicians should be tried for.

      Like

  36. NM says:

    Trump is ruthless, but a damn genius as well…he is near agreement with Japan and India I think and putting more and more pressure on China almost daily, love it. He is slowly ramping up the pressure and China is feeling it…at some point they will say uncle or face real problems economically. Trump is doing magnificent things for the US… they will study this for years to come. It is a shift in PARADIGM…great news for the middle class citizen everywhere..

    Liked by 2 people

    • Bill says:

      It’s called the ‘Containment Policy’ and the Chinese dearly hate the prospects because it killed the Soviet Union. If you read the 2016 book, ‘Crouching Tiger’ by Peter Navarro (i.e., our Trade Rep) you can see the implementation of the very policy proposed in the book, unfolding in real life!!!

      As Sundance has said, China was always the greater threat, far beyond North Korea.

      Liked by 3 people

    • noswamp says:

      “Trump is ruthless, but a damn genius as well…he is near agreement with Japan and India I think and putting more and more pressure on China almost daily, love it”

      Great post! Gotta agree with you. 100 percent. I don’t know how far we are from India and Japan, but I assume we are closer with Japan than India.

      The world watched how Canada jumped on the Trump train when it realized Trump was serious. After all the bombast, Trudeau keeled over like a knocked out prize fighter.
      Nuff said. Japan I suspect is next. Abe is a genius as well. Watch the play. Remember folks South Korea already signed a Free Trade deal with the USA. Japan is watching.

      Liked by 2 people

  37. Sammy Hains says:

    Way to go Jeff Flake for making sure the media ignores this news all week.
    That was likely this POS’s intent.

    Liked by 1 person

  38. Dutchman says:

    Mexico statement, I suspect really caused Justine to wake up. AMLO made it clear; he is ON the Trumptrain.
    Paraphrasing:Sure, we’ll act as a go-between, to reestablish communication, but we’re FINE, proceeding with the bi-lateral agreement we have, if Canada,wants,to get on board, ok. If not, we’re o.k. with that, too!

    It will be interesting to watch it unfold, but we MAY end up with a very good ally, in our Southern border.

    Now THAT would be a novel situation!

    Like

  39. Maquis says:

    “It’s fun to Win with the US-M-CA!”
    -Winnage People

    GBPDJT
    🇺🇸

    Liked by 1 person

  40. Ironclaw says:

    Twinkletoes caves, MAGA for the win!

    Liked by 1 person

  41. noswamp says:

    USMCA!!!!!! Please everyone stop using NAFTA. I am like Trump in this regard, boy oh boy how I hate that name!!!!!

    Liked by 2 people

  42. The Boss says:

    Tom Donohue isn’t sleeping well tonight.

    Liked by 1 person

  43. anthony earl says:

    so what made justin from canada come running back to the table? did he see his future having no future?

    Liked by 1 person

  44. Pyrthroes says:

    Thanks to VSG’s sagely determined sponsorship of Kushner and Lighthizer, both off-the-scale negotiators, plus Canada’s bovine stupefaction, this seminal development will get China –love “Tianxia”– and Brussels mules’ attention. One has to wonder how the Esteemed Object of Our Affection (EOOF) combines clamorous rallies in West Virginia at the very moment his A+ Economic Team is sealing Trump Prosperity for the next decade.

    Only concern here is that, since at least mid-2015, domestic U.S. and major foreign exchanges have escalated fiscal/monetary and other valuation measures such as PEG to historically unprecedented levels on an extremely narrow base. (Commentators assert that over eighteen months virtually all Index growth reflects activity in just three major info-tech vehicles, distributed over all manner of secondary “derivative” instruments.)

    Politics aside, should this unanticipated “October Surprise” drive Wall Street explosively higher, trillion-dollar fund managers’ discomfort with high premiums and little middle ground –that is, equities’ exhausted growth potential– render markets vulnerable to critically chaotic Black Swan events. “Uncertainty” here is a canard; though Lorenz’s “butterfly effect” indeed is indeterminate, its catastrophic consequences are unavoidable.

    Like

  45. 10buck2 says:

    The deal will be signed in November and will be submitted to Congress for approval at the beginning of 2019.

    So, what if congress is democrat controlled and they don’t “approve” the deal?

    Like

  46. mashall says:

    Kansas Rep. Kevin Yoder
    Republican Globalist Traitor to US Citizens
    HR392/S281.

    “Yoder’s cheap labor programs include the offer of fast-track citizenship to at least 250,000 Indian visa-workers who have taken many jobs once held by middle-class American technology workers. Yoder’s plan would remove the long-standing “country caps” for green cards.

    Yoder’s bill also defunded any action by border officials to implement Attorney General Jeff Sessions’ asylum reforms, although Yoder has hinted he may drop the curbs on Sessions’ asylum reforms. The flow of asylum-seeking migrants added at least 400,000 low-wage workers to the labor market in 2017.

    Yoder’s endorsement of the “country cap” plan is risky because his district includes many American college-graduates and a growing number of Indian outsourcing workers.

    Companies in his district employ roughly 1,400 visa workers in white-collar jobs sought by young Kansas graduates, according to H1BFacts.com, which organizes federal data to show the number of H-1B visa-workers in each legislator’s district.”

    and I learned another thing about HB1 Visas

    “There is NO CAP (LIMIT) on HB1 Visas for “Non-Profits”, Colleges and Universities”

    https://www.usimmigration.com/h1b-visa-facts.html

    “• Immediate family members (this means a spouse and any unmarried children under 21) of an H-1B visa recipient are allowed to immigrate to the U.S. on an H-4 visa. H-4 visa holders are not allowed to work in the U.S. but can apply for and receive and H-1B visa if they qualify. And children on an H-4 visa can attend a U.S. school.”

    Taxpaying US Citizens are forced to fund the education of ALL children (under 21).

    This is not America First
    This is not Americans First

    Like

    • mashall says:

      https://www.breitbart.com/big-government/2018/08/10/exclusive-gop-rep-yoder-rejected-jeff-sessions-plea-to-vote-against-catch-and-release-plan/

      The GOP legislators on the panel which voted for the Yoder giveaway are:

      Rodney P. Frelinghuysen, New Jersey, Chairman
      Harold Rogers, Kentucky
      Robert B. Aderholt, Alabama
      Kay Granger, Texas
      Michael K. Simpson, Idaho
      John Abney Culberson, Texas
      John R. Carter, Texas
      Ken Calvert, California
      Tom Cole, Oklahoma
      Mario Diaz-Balart, Florida
      Tom Graves, Georgia
      Kevin Yoder, Kansas
      Steve Womack, Arkansas
      Jeff Fortenberry, Nebraska
      Thomas J. Rooney, Florida
      Charles J. Fleischmann, Tennessee
      Jaime Herrera Beutler, Washington
      David P. Joyce, Ohio
      David G. Valadao, California
      Andy Harris, MD, Maryland
      Martha Roby, Alabama
      Mark E. Amodei, Nevada
      Chris Stewart, Utah
      David Young, Iowa
      Evan H. Jenkins, West Virginia
      Steven Palazzo, Mississippi
      Dan Newhouse, Washington
      John R. Moolenaar, Michigan
      Scott Taylor, Virginia
      John Rutherford, Florida

      Like

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