Consider this a kick-off to my official NAFTA watch. Readers will note my earlier spidey-sense prediction of NAFTA withdrawal announcement in/around the end of February through March. I cannot see a delay in an announcement extending beyond March 2018. Ergo, CTH is fine-tuning the radar to watch closely.
The fatal flaw within NAFTA has not been addressed. Neither Canada nor Mexico has even slightly indicated a willingness to engage talks over the fatal flaw.
Exactly the opposite happened earlier this month when Canada signed up to the TPP deal.
The agreement has yet to be ratified by Canadian Parliament, and many are nervous, but it will likely get done.
The NAFTA decision will be the biggest political and economic decision in the Trump administration so far, and the corporate GOPe response is anticipated to be beyond ugly. Additionally, it would be intellectually dishonest not to accept there are very specific interests watching these pages as part of their proactive strategy. (Hi, Tom)
That said, if you were Mexican President Enrique Peña Nieto and you noted the specificity of the current trade-policy planetary positions; and you were overlaying the preparatory action taken by Justin from Canada; and you understand there are factually hundreds of billions in play; you would be a fool not to go past past Economy Minister Ildefonso Guarjardo and directly engage the ultimate decision-maker, U.S. President Donald Trump, out of an urgent need to evaluate the survivability of your economic surroundings. It would be imprudent not to prepare yourself:
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