Canadians Discovering ‘America First’ Consequences Within USMCA…

Two Canadian political and economic observers, Ezra Levant of The Rebel.media and lawyer and consultant Manny Montenegrino, discuss how the USMCA grants special consideration to Mexico that Canada doesn’t receive.

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Historians will note the trilateral negotiations, including the U.S. and Canada, broke down in a series of events between October 2017 and January 2018; culminating with USTR Robert Lighthizer and President Trump deciding to focus on a bilateral agreement between the U.S. and Mexico that Canada was later forced to join.

The intransigent demands by Canada, which would have forced the U.S. to accept any Canada-China trade deal, was the fracture point.  [SEE HERE] This strategic mistake by Justin Trudeau and Chrystia Freeland created the downstream consequences now beginning to surface.

Here’s the America First Infrastructure Executive Order.

Here’s the USMCA Review Link.

Here’s the Full Text of the USMCA as discussed.

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This entry was posted in Auto Sector, Big Government, Canada, Economy, Legislation, Mexico, NAFTA, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA, USMCA. Bookmark the permalink.

155 Responses to Canadians Discovering ‘America First’ Consequences Within USMCA…

  1. Jown says:

    Just watched it, love Manny, any idea when the USMCA will be voted on?

    Liked by 3 people

    • bertdilbert says:

      Well why exactly should US tax dollars for infrastructure go to Canada anyways?

      Trump needs to thank all those big blue democrat states for forced minimum wage hikes. That feeds into Trump’s rising wages, giving him better numbers.

      Liked by 9 people

      • Old Codger says:

        You’re joking on minimum wages, right?

        Liked by 1 person

        • bertdilbert says:

          In my democrat controlled, area minimum wage goes up July 1st from $13.25 an hour to $14.25 an hour, an approximately 8% increase in a 3+% economy.

          Trump will capture this wage increase in his rising wages numbers. If Trump is showing 3% wage growth, part of that will be 8% minimum wage boost.

          In other words, democrats have unwittingly fed into positive economic numbers for which Trump will take full credit. WINNING!

          Like

          • Daniel Wright says:

            Until those artificially inflated wages lead to lay offs and price hikes. Not so winning.

            Like

            • bertdilbert says:

              Public unions cannot continue to get raises without raising the tax base. Raising the minimum wage increases prices and generates sales tax revenue. You have to start thinking like a democrat to understand the motivation behind the wage hikes.

              Public unions support open borders because it burdens government, which means greater number of union employees. Open borders depresses wages. The fix is mandatory wage increases. It is union winning, nothing about you winning though.

              Like

              • Pokey says:

                Nobody wins from minimum wage increases. I am sure Trump is not interested in the affect of minimum wage increases on total wage increases, since few people over 21 years old are working for minimum wages and few people under 21 will get minimum jobs since the net affect of minimum wage increases is job losses among the people who would normally take a minimum wage job if it is available.
                Increasing minimum wage would make the unemployment numbers as much worse as the affect would make average wages appear to go up. Minimum wage increases are a net loss for America. Trump knows it. And he wins only on what is best for America.
                I suggest reading Ludwig Von Mises or Milton Friedman on this subject, but Henry Hazlitt is probably an easier read. Not saying that I agree with everything these guys wrote, but I do agree with them on this subject.

                Like

                • bertdilbert says:

                  I am not advocating minimum wage. I am just reporting what is going on. As to Trump, I doubt he is going to back out minimum wage increases imposed by the democrats when he is reporting wage gains. Why should he?

                  Like

    • The Demon Slick says:

      Expect the Vichy republicans to fight against the USMCA trade deal. Manny is smart but he still doesn’t grasp the intentionally shaping opinions by the enemedia. He thinks that they don’t cover it because the subject matter is dry and complex. We know they don’t cover it because the subject matter reflects poorly on lefty Trudeau.

      Liked by 3 people

  2. ParteaGirl says:

    D’oh Canada.

    Liked by 15 people

  3. Bullseye says:

    The anti american senators specifically one said yesterday that the president doesn’t have a right to break trade agreements and he will not be voting for the USMCA without changes. I;m sure their are more to be rooted out. President Trump and others on his team need to caal these traders out so they can face the public. They’ve been able to hide long enough.

    Liked by 10 people

    • snarkybeach says:

      the fall back is the dissolution of NAFTA which is in the President’s purview… I know the senator’s paymaster, the CoC, would hate that more. bBesides, the way Mexico is facilitating the caravans, it would serve them right to lose the USMCA deal.

      Liked by 26 people

      • bandit says:

        Grassely is trying to maneuver around it. Mitch is calling all the troops in to shut down POTUS. I think the GOP would let POTUS flap in the wind in an impeachment hearing. It makes me sick!

        Liked by 10 people

        • Suzanne says:

          I actually think half the miserable GOPe senators would vote for his Impeachment. Imho at this moment in time the evil Turtle is the most powerful man in DC. He can either bring the articles of Impeachment (which are surely coming over from the comunists) to the floor or not depending on how much money Donahue throws at him. I believe he’s up for reelection next year.

          Liked by 5 people

          • kiskiminetas says:

            Impeach him for what Russian collusion, calling out politicians for building walls around their houses and or stating the USA will never be Socialist. Mitch and the rest of the deep state anti-American cabal will be going down the wrong road if they do try to impeach him. They are on thin ice and they know it. The time is coming when they will no longer be in government where they will never leech off of the public’s backs.

            Liked by 4 people

            • Fringe Dweller says:

              They receive a paycheck and health care for life once they leave. They have literally nothing to lose.

              Liked by 2 people

              • Carrie2 says:

                Fringe, they are our hired/elected non-representatives and do not own us because we are now awake and they will be removed and no lifetime benefits of any kind, and don’t forget the continuing salary they make in Congress. We did not authorize a lot of the crap, but now we are awake and taking charge. This is why they are desperate and hurrying to do as much damage by both parties. Their future as our employees is very, very dim!

                Like

              • Polly says:

                No, they have their most treasured thing to lose — their power. That’s why they are all multimillionaires but still stay on.

                Like

          • madeline says:

            He was just elected in 2016.

            Like

            • WVPatriot says:

              Sen. mcturtle was primary challenged in 2014, by the present Governor Matt Bevin. mcturtle gloated that he had bankrupted and “forever destroyed” Mr. Bevin. mcturtle is a vicious, vindictive and vile man. He has got to have more “baggage” than Samsonite!!!

              He is running for re-election in 2020…!

              Like

          • WVPatriot says:

            Suzanne — You are correct. 2020!!!

            Like

        • thegoosefish says:

          Let it come. Some things you just have to let happen. And see how it shakes out. See how the electorate feels.

          Liked by 1 person

    • Dutchman says:

      The ‘Beauty’ of whats happening; the Dems have already ‘outed’ themselves;
      No more “Abortion should be available, safe and RARE!”, now its ” every 12 y.o. should have at least one, and why stop at birth?”
      No more “Common sense gun control”, now its “YES, we DO want to take your guns, and lock up anyone who would even want one!”
      Etc. In short, they are exposing their true nature, and can’t go back to their old ‘stealth’ mode of ‘boil the frog slowly’.

      NOW, we are seeing the Decepticon Republican reveal THEIR true nature, and it ain’t pretty! But, in order to destroy the Uniparty, BOTH ‘faces’ HAVE to be exposed, before We, the People can wrest back control from these Globalist Elitist Sociopaths.

      Liked by 21 people

    • BuckNutGuy says:

      Just fired off a letter to Portman. As a person trained in classical economics, I am a proponent of free trade. What CTH has revealed to me is that there is no such thing as free trade, only managed trade. Even USMCA is such. Why then shouldn’t we “manage trade” in more favorable terms for the citizens of this great country. The world, including the US, is full of tariffs. The President is just utilizing them to our collective advantage.

      Liked by 11 people

    • noswamp says:

      These Senators must be getting money from Canadian lobbyists. Terrible for them. We need to know their names and votes them out of office.

      Like

    • Carrie2 says:

      Bullseye, they forgetting he is the EXECUTIVE/CEO/BOSS and has the powers to get done what must be done. They need to stop and remember they are our employees and not the King and Queen.

      Like

  4. MIKE says:

    We can’t say you didn’t call it. Reading here is almost like cheating, sometimes.

    Liked by 24 people

  5. Mr. T. says:

    Canada deserves to take the hit to their economy. That’s the price they pay for electing that arrogant jackass of a misfit Trudeau. They’ve stuck it to us for too long. Payback’s a bitch.

    Liked by 11 people

    • Mark L. says:

      No offense, our own previous Leaders stuck it to US.

      Liked by 13 people

    • DallasMatt says:

      The conversation didn’t mention it, but as I understand it, ‘green’ Canada does shut down their steel mills – they only tranship steel from China, and perhaps fabricate it, before selling it into the US. So Trudeau sold out its steelworkers to Chinese so they can enjoy clean air, but pimps their NAFTA membership to sell into the US.

      With the USMCA, that is going to stop, or pay Trump a nice fat import tariff. If unionmembers don’t pressure their CongressCritters to pass the USMCA, NAFTA has been killed, so the default w/b to throw US/Mexico/Canada trade relationships into the WTO. This is same as what would happen if UK-PM May does not get a deal done with EU, and has a hard Brexit in 60 days – will default to WTO trade rules.

      Like

    • Peppurr says:

      Totally agree with you!

      Liked by 1 person

  6. everywhereguyy says:

    Smooth move, Justin. How’s the next election looking right now?

    Liked by 1 person

    • WES says:

      Sadly none of this is covered by liberal msm which Trudope owns 100%!

      In last budget Trudope gave msm $600 million in tax breaks! This exceeds Obama’s $160 million to msm!

      Sadly Trudope will easily win re-election. Opposition near hopeless.

      Liked by 1 person

    • Pokey says:

      Swimmingly well! In just the same way Barry Sotero won a second term in the US and would have won several more terms until he could be declared President for life by our sycophant media.

      Like

  7. Maquis says:

    Aw, no Koala for Kanada. Tant pis!

    Liked by 1 person

  8. Sharon says:

    About 6-7 minutes, Levant is all baffled and saying, “……this is complicated…..” No. It’s not, Ezra. You apparently haven’t been paying attention. I don’t claim any smartz and it is not complicated at all.

    “I don’t think Trump dislikes Canada…..we were accidental collateral damage”….. nothing accidental about it, Ezra.

    People who must deal with POTUS Trump might want to pay attention to what he has said about the subject at hand. He means what he says and says what he means.

    I understand Canada being caught flat-footed at the time of the intense negotiations, since they really couldn’t believe they were actually dealing with a different type of negotiating animal. But we are over a year out from that now, and apparently Mr. Levant is still sort of flat-footed.

    Liked by 9 people

    • snarkybeach says:

      sending Ms. Eggplant and her leaving to go shopping with her BFFs in Paris in the middle of negotiations showed the Canadians weren’t serious.

      Liked by 3 people

    • Corticram says:

      Ezra was probably thinking, correctly, that this is way over the heads of the average Canadian who likes the news in thirty second sound bites.

      Like

  9. Mark L. says:

    Justin and Macron are two Leaders that really do not get what is going on in the world today.

    Liked by 6 people

    • budklatsch says:

      Well they are French

      Liked by 6 people

    • tomf says:

      “Justin and Macron are two Leaders that really do not get what is going on in the world today.”
      Oh, they get it. And resist it.
      Combined, they are overmatched.
      They, and many other ‘statesmen’ are overmatched.
      It ain’t over. Prayers needed for continued success.

      Liked by 5 people

      • Madhatton says:

        You could add hausfrau M to the list if densekopfs . She threatens a POTUS from a euro supremist viewpoint but …. honeybadger don’t give a schiff .

        Like

    • GB Bari says:

      European Socialists are too far brainwashed to “get it” about nationalist free market captialism.

      They have no interest in “getting it”. They only want a totally government-controlled economy from the top down. And they want to be the ones at the top of the government controlling everything. It’s all about power and forcing their ways of thinking on entire nations.

      It is NEVER more complicated than that.

      Like

  10. TwoLaine says:

    If our gubt needs something they should get it from the USA. We should ALWAYS BE FIRST!

    Liked by 3 people

  11. Carson Napier says:

    A Swede is a Norwegian with his head cut off

    A Canadian is a Mexican with his head cut off.

    Liked by 4 people

  12. Linus in W.PA. says:

    When the train leaves the station, you can either be seated on the train…..or laid down on the tracks.

    Liked by 4 people

  13. Judiciary says:

    People like Sen. Pat Toomey are out there saying NAFTA has worked well and Trump can’t unilaterally get rid of it. It seems the Never Trumpers just can’t support this great President.

    Liked by 1 person

    • SwampRatTerrier says:

      Toomey’s a Lying Creep imo.

      Liked by 5 people

      • warrprin1 says:

        How many times am I permitted to “like” SRTerrier’s statement about PA’s 2nd least favorite son, Pat Toomey. So many choices for absolute least favorite PA son,: Bob Casey comes to mind.

        iwillnevervotefortoomeyagainiwillnevervotefortoomeyagainiwillnevervotefortoomeyagain:
        NEVER AGAIN.

        Like

    • bessie2003 says:

      This really surprised me because isn’t he from Pennsylvania, and isn’t the steel industry coming back to Pennsylvania? When hearing Toomey say what he did my only thought was that he must be in the pocket of the big club.

      Hopefully his duplicity or confusion will come to light in time for voters in his State to take notice and find someone who actually likes the people of their state.

      Liked by 3 people

      • SwampRatTerrier says:

        Is he a bought and paid for Communist Chinese Spy, like San Fran DiFi’s chauffeur?

        Liked by 2 people

      • warrprin1 says:

        Bessie, Toomey is lazy, lazy, lazy. He has never distinguished himself in the Senate, ever. The only one lazier and more cowardly than Toomey is our other PA Senator, Dem Bob Casey.

        Here’s the kicker: the PA State GOP Chairman, Val DiGiorgio, who professes to be a big supporter of President Trump, just pulled off a major fundraising dinner event, with Toomey as the keynote speaker. This does not compute.

        One cannot simultaneously support both President Trump and Decepticon Toomey. Toomey is so undistinguished in his Office, that I don’t think the vicious, underwater lurking, nevertrumper Snapper Turtle is even acquainted with Toomey’s name or his face.

        Real BMOC, in his own mind. Decepticons gotta go. Gotta run ‘em outta town on the next train: no excuses, no luggage, no trophies; no mercy.

        Liked by 1 person

    • ristvan says:

      Poor Toomey—yes PDJT can make Nafta go away. Two letters signed by him and six months. Black and white in NAFTA Article 22§05. And you and the restbof Congress can do NOTHING about it.

      Liked by 3 people

      • WES says:

        President Trump carries a big stick! No carrot offered nor needed!

        Trudope 100% owned by Chinese! They put money into his family trust. That is why he sided with China on trade against best interests of Canadians!

        Trudope like all socialists is corrupt! Trudope gets away with this by 100% control of media!

        Liked by 2 people

    • Except Toomey is talking through his hat.

      Like

  14. TwoLaine says:

    As I recall, the $$$ TRILLION $$$ ObamaCare Marketplace piece of crap came from Canada. Why would we ever give them any business ever again when they saddled us with that b.s.?

    Liked by 5 people

  15. 335blues says:

    Manny Montenegrino is quite sharp. He pointed out a few things worth highlighting:
    1. China has been forced into a box. They must sign a deal with America or they will be squeezed out of the American market. No wonder they are squealing like a pig.
    It is also no wonder that the marxist/globalists, ie chamber of commerce, have called in some bought and paid for senators (Portman, Romney, etc) to put forth legislation to limit the President’s ability to enact tariffs. This will be designed to let the pressure off communist china to sign a deal.
    Trump’s tariffs are killing china’s economy right now. This is a seditious, anti-American effort to help communist china at America’s expense. It is not surprising to find Portman and Romney in on it.

    2. Canada really got screwed by Trudeau and Freeman, and of course Trump’s brilliance.
    But the media keeps reporting that T and F signed a great deal, and they really stuck it to Trump,
    because the Trump is bad narrative must be continued “OR THEY HAVE NOTHING.”
    This really sounds like the state of the marxist democrat party and their media propaganda wing.
    Trump must continue to be painted bad BECAUSE THEY HAVE NOTHING.

    Liked by 8 people

  16. bessie2003 says:

    This made my day!

    Liked by 1 person

  17. Jeff hansen says:

    Ms. Freeland and Trudeau are quite possibly the worst Canada has to offer. While I wish no ill will towards the Canadian people, their economy is gonna take a beating with no one to blame but these morons.

    Liked by 4 people

    • 335blues says:

      Canadians voted them in. They love their socialism.
      But soon they will run out of other people’s money to spend.

      Liked by 3 people

      • Paul from Canuskistan says:

        Dissing our Canadian Obama?
        Hard not too. The lad is both embarrassing and sad.
        We Canucks survived and thrived despite his Socialist Sire
        The Younger Turd is an actual misogynist douchebag protected by the Ottawa elite
        Unfortunately the kneepad media will probably help him salvage a minority this fall
        The Stupid is Strong in this One

        Liked by 1 person

      • GB Bari says:

        I thought only about 1/3 of Canadians voted them in?
        Trudope’s party got more votes than any of the other several parties

        (IMHO it’s a self-defeating political system that allows a significant minority to take power over the majority but Canada’s not the only European country with that kind of system).

        Yes I wrote “European.” Their leaders think and act far more old world European than new world American.

        Like

    • TheLastDemocrat says:

      Trudeau and Freeland are spokesmodels. We will never know if they on their own would have been good or bad Canadian trade negotiators. Once China decides they are not good, they will be gone. And replaced.

      Liked by 2 people

    • Paul from Canuskistan says:

      IKR…pair of knotheads

      Like

  18. WestTXPatriot says:

    Sorry Canada…..you voted for this s*it. I don’t feel bad for you. Just like how we got what we deserved during the Obama era. The question is are you all smart enough to demand change or are you permanently cucked Canadians. Personally, I don’t have much hope for Canada which is a shame bc I’ve met some wonderful people from Canada.

    Blind Sheep vs Realists

    The choice is always in the power of the people.

    Liked by 3 people

    • obama was chosen…twice

      Like

      • Paul from Canuskistan says:

        Obama claims he could have won a third term. MSM would have led the charge.
        Fantasyland squared
        Corruption is openly practiced and displayed in the United States depending on political affiliation. Entertaining to watch POTUS school DC from afar.
        Unfortunately Obama minions had no problem taking over the Liberal Party of Canada and installing the Puppet PM with a compliant media.

        Not whining just making observations…on the other hand

        It has been an absolute treat to watch President Trump spank Trudeau the Stupider

        Just saying….

        Liked by 1 person

      • Charles Ross says:

        As will the trust fund soy boy Trudope.

        Like

    • sadsack says:

      Without the electoral college that you have in the U.S., it will be difficult to get rid of Trudeau. Ontario and Quebec have more seats than the other 8 provinces and territories combined.

      If you did not have the electoral college, New York and Cali would decide the election and to hell with the rest of the country. This is what we face in Canada.

      Liked by 3 people

      • Sharon says:

        What you describe with re to Canada in general is specifically true in all of our states. It’s the explanation for why the strong agricultural base in Oregon is dragged around by the throat by the populations of Eugene and Corvallis and Portland. It explains why relatively large rural Minnesota is perpetually hogtied to the nonsensical policies and regs foisted on them by the know-it-alls who live in St. Paul, Minneapolis, and the Iron Range. Original California (inland desert, mountains, etc) is dominated by the mega-cities.

        At the state level, we deal with the same thing you describe applying to the national level. It’s discouraging, I know.

        Liked by 2 people

  19. Sundance’s Crystal Ball wins again.

    Liked by 3 people

  20. SmilinJackAbbott says:

    Yeah but isn’t the jist of what Manny is saying is the agreement contains a giant backdoor loophole undermining the protectionist purpose in the 1st place? It sounds like Mexico can undercut US contractors on government projects.

    Like

  21. MaineCoon says:

    Excellent video. If all of us can understand the dynamics explained in a 30-minute video, why couldn’t Trudeau & Freeland have any comprehension after 1+ years of negotiation and singing onto a Mexico-USA trade agreement at the last minute, literally. Sadly, the consequences of their inept actions, which end up being as self-serving to the point of being traitorous (at least in spirit) against Canada and Canadians is the same as Zero and his crew’s actions. Canada is on a declining slope. sadly, his successor will get much of the blame.

    Freeland is a far left liberal totally full of herself. Canadians who support her deserve the consequences. Same with Trudeau.

    Liked by 2 people

    • TheLastDemocrat says:

      You all are missing it.

      The SJW stuff is to convince Canadian voters that TRudeau, and Freeland, are virtuous.

      They are Spokesmodels, hired to present a Chinese view, disguised with a Canadian accent.

      Do we think they dreamed up that tour of our Congressmen, and tour of the states, and bankrolled it, on their own? No. That was engineered by Uniparty in cahoots with China.

      Liked by 1 person

    • Doug Amos says:

      Chunky was Canada’s Newswoman of the Year. Justine the Debt Machine has the only budget in the world that “balances itself”. Somehow, his new carbon tax is going to put $ in the pockets of those assessed. As stated here many times, his opposition could not win an election, fixed or otherwise. In Toronto there is no triage, no housing and $1050 traffic tickets. The Canadian media blames it all on President Trump; 87% of the population agrees.

      Like

  22. DJT2020 says:

    Not sure how to insert images. If I knew how this would be the one.

    http://prntscr.com/mi4305

    Like

  23. DJT2020 says:

    [img]http://prntscr.com/mi4305[/img]

    Like

  24. Humble says:

    Thanks so much for this. With every article I read, I am much more informed.

    Liked by 1 person

  25. Nagothm says:

    It’s interesting to see the guy Ezra coming to the realization that he has been being played by the Canadian liberal media. Pretty enlightening.

    Liked by 1 person

  26. anniefannie says:

    Sacre bleu!!

    Liked by 1 person

  27. Margaret Berger says:

    I will never believe that the American people voted that man in twice. He won it the first time and the fix was in the second time.

    Liked by 5 people

  28. WSB says:

    These two are really funny!

    Like

  29. That was a really interesting conversation and insight into Canadian thinking. Thanks for posting.

    Like

  30. Zaza says:

    So whatever happened to Canadian Bacon, is that still a thing? I know that was a pizza topping choice up north. Outside of Pam Anderson and Dorothy Stratton I can’t think of much from Canada I really need imported to the U.S.

    Dear Cana-DUH please cease and desist with all the “hey look at me” crap, we don’t really need you so just shut up and sit down, enjoy the free ride you are getting from US Military superiority and twiddle about with your socialists welfare medicare garbage.

    Like

  31. Phil aka Felipe says:

    “What affects this election cycle is how can we make…I mean there is no question that the Prime Minister (Trudeau) is failing in almost every file. And so, how do you save him? You gotta keep the ‘Trump is terrible’ narrative going or he’s GOT NOTHING. THAT’S WHAT IT IS”.

    VSGPDJT’s detactors/enemies/Democrats: “They’ve GOT NOTHING. THAT’S WHAT IT IS”

    So, they’ve got to keep saying ‘Trump Is Terrible.’

    “They’ve GOT NOTHING. THAT’S WHAT IT IS”

    Well said Manny!

    Liked by 3 people

  32. thegoosefish says:

    Probably exempting Mexico from America-only government projects is because we would need their companies to build the wall. or fence, or whatever it is.

    Like

  33. GSparrow says:

    This is what happens to a country when their PM unwisely bellows empty barrel threats like, “We won’t be pushed around” and their chief negotiator Chrystia Freeland chooses to attend infuriating events like “Trump is a Tyrant” rather than focus on trade during a crucial time in a trade agreement negotiation. Both of these ill advised skits played well with the average low information Canadian Liberal voter.

    Here is a CBC video of a carefully chosen so called “Panel of U.S. Political Insiders” discussing POTUS’s recent SOTU. This is their “trusted” national broadcaster. It’s not difficult to understand why a majority of Canadians despise Trump.

    Warning; Might raise blood pressure in Trump supporters. Advance cursor to 24:20

    Like

  34. TheLastDemocrat says:

    Related topic:
    I was interested in what happened to US manufacturing jobs following the beginning of NAFTA. NAFTA became law Jan 1994, and was phased in over a few years.

    I got a trend for manufacturing jobs at the link below. There are other factors, but there is a big drop, nearly reducing mfring jobs in half, in the few years after NAFTA enactment – FRED link.

    Then, I pondered: what about mfr jobs in Mexico? Well, in 2004, Carnegie Endowment for some reason did an analysis of this. Carnegie link below. It sounds like their was some boost to Mexico mfring jobs, plus that report covers the matter of maquiladoras – clearly noting that once NAFTA was in place, they started shipping stuff to Mexico for final assembly in Mexico. This is before Trump / MAGA, so back then they did not know it was taboo to note that things were being made in China with final assembly in Mexico so that China could benefit from NAFTA almost as if China were part of NAFTA.

    [the next step would be to look at China mfring jobs in this NAFTA period – I don’t have time right now.]

    https://fred.stlouisfed.org/series/MANEMP

    http://carnegieendowment.org/2004/02/25/mexican-employment-productivity-and-income-decade-after-nafta-pub-1473

    Like

  35. railer says:

    Toomey and McConnell and Willard will lose this battle badly, and Toomey is liable to get thrown out of office over it.

    The Democrats will provide all the votes Trump needs for the USMCA. The Big 3 automakers signed off on it originally, as did the Canadian Autoworkers. The UAW membership will be on board, even if the plutocrats in their leadership squeal alongside Tom Donohoe.

    This is pretty much a done deal, and I suspect Trump got it inked but is withholding any finalization push simply because it allows him to dangle everything in front of the Chinese and Euros and tell them things could get even worse for them if the USMCA deal is altered by Congress. It gives Trump the weaponized leverage of uncertainty. It also lets him intimidate the Mexicans some over the border issues.

    China is the big enchilada. These other trade agreements are being used against that China backdrop, as that is where at least $400B of trade deficit arises, in addition to all the other issues involved.

    Trudeau has been neutered, and that’s all we really need to worry about. If the Canadians want him as PM, so be it.

    Liked by 2 people

  36. NC Nana says:

    During the Canadian antics of the trade negotiations, the Canadian PM and Trade Minister opened my eyes wide to Canada’s view of our President and the people of our country. Given the “deal” they ended up with I am sure our President clearly understood the contempt in which they held us. I am not interested in seeing the US rescue them with their current political leadership and the mindset of their people. Cheers folks. You worked yourself into quite a position.

    Like

  37. cripto says:

    Forget Canada or Mexico (both have special exemptions) the killer clause is Article 32.10 of the USMCA, ‘Non-Market Country FTA’ which means that China, as a designated NME (and there are others) is in the crosshairs if either Mexico, Canada (or the US) tries to enter into a FTA those deals are subject to the following:

    non-market country is a country:
    (a) that on the date of signature of this Agreement, a Party has determined to be a
    non-market economy for purposes of its trade remedy laws; and
    (b) with which no Party has signed a free trade agreement.
    2. At least 3 months prior to commencing negotiations, a Party shall inform the other Parties of its intention to commence free trade agreement negotiations with a non-market country.
    3. Upon request of another Party, a Party intending to commence free trade negotiations with a non-market country shall provide as much information as possible regarding the objectives for those negotiations.
    4. As early as possible, and no later than 30 days before the date of signature, a Party intending to sign a free trade agreement with a non-market country shall provide the other Parties with an opportunity to review the full text of the agreement, including any annexes and side instruments, in order for the Parties to be able to review the agreement and assess its potential impact on this Agreement. If the Party involved requests that the text be treated as confidential, the other Parties shall maintain the confidentiality of the text.

    **5. Entry by a Party into a free trade agreement with a non-market country will allow the other Parties to terminate this Agreement on six months’ notice and replace this Agreement with an agreement as between them (bilateral agreement).**

    6. The bilateral agreement shall be comprised of all the provisions of this Agreement, except those provisions that the relevant Parties agree are not applicable as between them.
    7. The relevant Parties shall utilize the six months’ notice period to review this Agreement and determine whether any amendments should be made in order to ensure the proper operation of the bilateral agreement.
    8. The bilateral agreement enters into force 60 days after the date on which the last party to the bilateral agreement has notified the other party that it has completed its applicable legal procedures.

    here is the link to China as a NME 10 Jan 2019:
    https://fas.org/sgp/crs/row/IF10385.pdf

    Like

  38. Mr BiG Time says:

    Thanks for the video clip …. as usual, Ezra and Manny are spot on! Love watching those guys!

    Like

  39. frank field says:

    I wouldn’t be surprised if the USMCA devolves into two bilateral agreements…both to even more benefits to America.

    Congress critters don’t like it! I’m happy to see ungrateful Canada squirm because of their bad choice of electing Happy Socks. 👓

    Like

  40. Pokey says:

    I lived in Canada for about two years back in the 1980s, so I am no expert on current Canadian politics. But one thing I noticed back was that Canadians are not stupid. In fact, I think they have better Government Schools than we have. They will right their political ship when it seems to be listing too much.
    I also noticed that most Canadians were descendants of the people who were loyal to the British during our revolution. Their idea of liberty naturally follows along the same currents as the British, although they have gained a lot of respect for the US and its ideals over the last 200 years. I bet they can take care of their Trudeau problem on their own.

    Like

  41. Gary Lacey says:

    Trudeau & Freeland’s chickens have come home to roost, why they didn’t take the negotiations serious could be the result of listening to the American MSM
    Or did they think DJT would be gone?!

    Like

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