Europe just surrenderred easily to Trump, NAFTA deal imminent. China will b tough

[hater]

:lmao I have been saying Europe is just a bunch of American slave “nations” :lmao

Just surrenderred to Trump very easily after his tariff threats. They will shut the fuck up and do as told.in economy and NATO and any topic. They are our vassals

Germany is basically our military hardware depot and France is basically a running ioke :lol

Deal with Mexico is also imminent

Gotta give props to Trump where props are due

China on the other hand will be a tough cookie and the battle will go on past next year

Another open question is will Europe slaves finally fold on Iran dilemma. I say yes :lmao

[Winehole23]

Trump just promised to take auto tariffs off the table, what did the EU give up?

[boutons_deux]

Countries are going to figure out that Trash's opening gambits are pure bullshit.

[Brazil]

:lol hater

[hater]

Enjoy that overpriced LNG slaves :lmao

[hater]

Trump just promised to take auto tariffs off the table, what did the EU give up?

They are going to eat american soy while getting heated up by our very fancy LNG :lmao

[SnakeBoy]

Trump just promised to take auto tariffs off the table, what did the EU give up?

Auto tariffs aren't off the table.

[Blake]

Auto tariffs aren't off the table.

Which shows how much of an idiot Trump is

[boutons_deux]

The glaring problem with Trump’s EU soybean deal

Art of the deal.

According to the Wall Street Journal (https://www.wsj.com/articles/europe-welcomes-trade-steps-with-u-s-but-many-questions-remain-1532610190), Juncker, as the head of the European Commission,

has little power to promise increased soybean or energy purchases,

as they rely on private companies business decisions and “market conditions.”
“[The LNG and soybean pledge is] a bit of a stunt,”

an EU official told the Journal. “You give something without giving anything.”

“The real winner here would appear to be the European Union.

The U.S. auto tax threat was reversed in exchange for nothing that means anything,” :lol

he told CNBC (https://www.cnbc.com/2018/07/26/us-eu-trade-agreement-lacks-detail-and-fails-to-end-issues-with-china.html). “…

The U.S. is already the largest exporter of soybeans to the EU.

There are no subsidies, trade taxes or quotas on soybeans in the EU.

Private farmers decide whether to buy more soybeans or not.”

given that Europe can purchase Russian gas at a lower price,

U.S. companies that do end up exporting to Europe may end up losing money.

“While American gas exports have grown rapidly, most shipments have gone to Asia and Latin America, where prices have been higher,”

“Price differences mean American gas is usually attractive to European buyers only during cold snaps, when prices on the Continent rise.”

European buyers were already slated to purchase more U.S. soybeans due to Trump’s trade war with China, which has forced Brazil — a major soybean producer — to funnel more of its product to China, creating less competition in Europe.

“It’s already happening. While China concentrates its purchases on Brazil, the rest of the world turns to the U.S,”

https://thinkprogress.org/trump-brags-about-eu-trade-deal-eu-cant-enforce-b24f60e4a9e8/

Pootin's low-gas prices to Europe (I bet he's paid in US$, not Euros) total negates Trash's "arftul deal" :lol

[hater]

:lmao I have been saying Europe is just a bunch of American slave “nations” :lmao

Just surrenderred to Trump very easily after his tariff threats. They will shut the fuck up and do as told.in economy and NATO and any topic. They are our vassals

Germany is basically our military hardware depot and France is basically a running ioke :lol

Deal with Mexico is also imminent

Gotta give props to Trump where props are due

China on the other hand will be a tough cookie and the battle will go on past next year

Another open question is will Europe slaves finally fold on Iran dilemma. I say yes :lmao


Called that shit :tu :tu

[Reck]

Called that shit :tu :tu

An agreement is not a deal.

[hater]

An agreement is not a deal.

Is the deal imminent or not? Called it :tu

[Reck]

Is the deal imminent or not? Called it :tu

A deal won't be reached without Canada.

Republican leadership have already shit all over this agreement.

Some reading material for you..
https://www.wsj.com/articles/u-s-mexico-trade-pact-faces-scrutiny-from-lawmakers-at-home-1535621400

[Winehole23]

looks like the deal with Mexico isn't happening.

negotiations with Canada seems to have fallen apart as well.

so much for Trump remaking NAFTA single-handedly.

[Blake]

Excellent thread op

[hater]

We still in the driver seat nogas

A deal will be done :tu

[Blake]

Lol thread title

[RandomGuy]

looks like the deal with Mexico isn't happening.

negotiations with Canada seems to have fallen apart as well.

so much for Trump remaking NAFTA single-handedly.

Mexico may go along, but will be really really hesitant to give Trump what he wants without Canada on board, especially before the midterms.

As predicted Canada is slow walking this shit, almost certainly for that exact reason, and is pressuring Mexico to do the same.

[hater]

:lmao I have been saying Europe is just a bunch of American slave “nations” :lmao

Just surrenderred to Trump very easily after his tariff threats. They will shut the fuck up and do as told.in economy and NATO and any topic. They are our vassals

Germany is basically our military hardware depot and France is basically a running ioke :lol

Deal with Mexico is also imminent

Gotta give props to Trump where props are due

China on the other hand will be a tough cookie and the battle will go on past next year

Another open question is will Europe slaves finally fold on Iran dilemma. I say yes :lmao

Called this shit :tu

[hater]

Lol thread title

Lol Blake

[Blake]

Lol Blake

Lol Europe surrendering to trump

[Reck]

Called this shit :tu

You didn't call shit. You were wrong as usual.

This "new" deal is basically the same one with a different name.

:lol @ Europe surrendering to Trump. He came back begging for a deal after getting his ass lit by Canada and Mexico.

[Chucho]

You didn't call shit. You were wrong as usual.

This "new" deal is basically the same one with a different name.

:lol @ Europe surrendering to Trump. He came back begging for a deal after getting his ass lit by Canada and Mexico.

:rollin

[hater]

You didn't call shit. You were wrong as usual.

This "new" deal is basically the same one with a different name.

:lol @ Europe surrendering to Trump. He came back begging for a deal after getting his ass lit by Canada and Mexico.

He closed the deal and I called it :tu

Europe did surrender as them cucks are taking US tarifs bent over like vassals :lol

Called that shit :tu

[SnakeBoy]

Hater did call this one

Congrats :toast

[Chucho]

He closed the deal and I called it :tu

Europe did surrender as them cucks are taking US tarifs bent over like vassals :lol

Called that shit :tu


Damn, good reply.

[hater]

Hater did call this one

Congrats :toast

:tu

[hater]

Damn, good reply.

:tu

[hitmanyr2k]

So word on the street is Trump sucks at negotiating, is desperate for a deal so he's taking scraps from the TPP deal and trying to pass it off as his own administration's work :lol

[Winehole23]

Hater did call this one

Congrats :toastit's the same damn deal with very minor tweaks

[boutons_deux]

China just cancelled a security meeting with USA

We'll see how the USMC A deal works out in details, IF approved by Congress.

how about "Canada USA Mexico deal, the CUM deal

[boutons_deux]

it's the same damn deal with very minor tweaks

US milk into CA now, but I bet the CA dairy people will find "technical barriers" like US milk tainted with hormones, drugs, and shit

Here's a big surprise: Trash will totally LIE about the deal as huge win for him personally.

[Reck]

Hater did call this one

Congrats :toast


Damn, good reply.


So word on the street is Trump sucks at negotiating, is desperate for a deal so he's taking scraps from the TPP deal and trying to pass it off as his own administration's work :lol


it's the same damn deal with very minor tweaks


China just cancelled a security meeting with USA

Take note Chucho and Snakenoi. This is what happens when you suuport a Hater post without substance. :lol

[Chucho]

Take note Chucho and Snakenoi. This is what happens when you suuport a Hater post without substance. :lol


I was instigating. I supported yours first.

[Pavlov]

I was instigating. I supported yours first.You were basically being hater.

Pretty meta tbh.

[SnakeBoy]

it's the same damn deal with very minor tweaks

It's a deal

Hater called it

[Pavlov]

It's a deal

Hater called itWhat changed?

[hater]

It's a deal

Hater called it

:tu

[Blake]

What changed?

Ha ha Canadian farmers are pissed! That showed em who's boss!

USA! MAGA!

[SnakeBoy]

What changed?

USA, Mexico, and Canada have reached a new agreement. It's called the USMCA.

Hater called it

[Pavlov]

USA, Mexico, and Canada have reached a new agreement. It's called the USMCA.

Hater called itWhat's in the agreement that's different?

[Reck]

What's in the agreement that's different?

Ummm the name?

:lol Grand changes.

[hater]

USA, Mexico, and Canada have reached a new agreement. It's called the USMCA.

Hater called it

:tu

[Pavlov]

:tuWhat's in the agreement that's different?

Also "imminent" = in over two months. :lmao

[Chris]

looks like the deal with Mexico isn't happening.

negotiations with Canada seems to have fallen apart as well.

so much for Trump remaking NAFTA single-handedly.

lol

[Chris]

:tu

:tu

[Pavlov]

lolWhat changed in the new agreement, Chris?

[hater]

Wonder if the chinese beef is for real?

China denied Us carrier to dock in HongKong
Chinese top defense official cancele trip to US
Mattis canceled trip to china
Trade war is almost imminent save a miracle

Shit getting real?

[boutons_deux]

Trump calls revamped NAFTA a new model for U.S. trade relations, :lol

but others see it as just an update :lol

"The overhaul has some substantial updates and potentially significant improvements (https://latimes.us10.list-manage.com/track/click?u=f089ecc9238c5ee13b8e5f471&id=87161400fa&e=c9daddbba9), especially

for American dairy farmers (https://latimes.us10.list-manage.com/track/click?u=f089ecc9238c5ee13b8e5f471&id=a0f3a2daa1&e=c9daddbba9)in a particular niche.

But overall, according to many trade experts who are still poring over the details, it’s not fundamentally different."

http://www.latimes.com/business/la-fi-nafta-react-20181001-story.html#nws=mcnewsletter

iow, just more self-aggrandizing FRAUD and LIES from the Fraudster / Liar-in-chief

[DeadlyDynasty]

:tu

[Pavlov]

:lol
1047119553283665920

[boutons_deux]

USMCA acronym sucks. oozemka

[in2deep]

:tu

[in2deep]

Strange the china “beef”

a deal was getting done and China was agreeing to basically every US demand. The only tricky point was the technology trade points. US wanted to stop any technology export that china could exploit, copy/paste basically. China would not budge on that.

i think giants like apple are afraid chinese companies woukd flood US market with Xiawei for example and bankrupt them like what happened with Autos. Thatband US afraid China will copy technology and eclipse us eventually.

Either that or somehow US is being way too demanding. China basically agreed almost to anything that Trump demanded

[boutons_deux]

'New NAFTA' Falls Flat for Farmers, Food Advocates

Institute for Agriculture & Trade Policy (https://www.commondreams.org/organization/institute-agriculture-trade-policy)

The reworked agreement between the United States, Mexico and Canada neglects the demands of farm groups

The reworked NAFTA agreement entrenches agribusiness control over supply chains,

seeks to streamline approval and trade of controversial agricultural biotechnology products,

fails to protect consumers’ right to know what’s in their food and where it is produced,

and worsens the devastating impacts of climate change.

The Canadian government has agreed to end certain restrictions on dairy imports and grant additional market access for U.S. dairy.

These concessions will weaken the Canadian system

with no clear benefit for U.S. dairy farmers, especially the small, family farms bearing the brunt of the current crisis.

The reworked agreement squandered key opportunities

to address agricultural dumping across borders and

to reform NAFTA's enforcement system.

This enforcement system

sustains oil, gas and other industry challenges to governmental environment and climate policies

in corporate-friendly forums where they seek billions of dollars in damages for claimed lost profits.

https://www.commondreams.org/newswire/2018/10/02/new-nafta-falls-flat-farmers-food-advocates?cd-origin=rss

iow, Trash nibbled around edges of NAFTA, got NAFTA2, and parades onto the WH grass with bunch sycophants sniffing his ass, to claim, for himself, a huge victory. F R A U D

[Winehole23]

EFF says section 230 is in there, big if true.

[Winehole23]

Canada got to keep ISDS.

That was maybe the biggest sovereignty issue, but when your biggest trading partner is 10 times bigger, maybe you feel the need for a personal security device.

[boutons_deux]

Canada got to keep ISDS.

That was maybe the biggest sovereignty issue, but when your biggest trading partner is 10 times bigger, maybe you feel the need for a personal security device.

NAFTA's Chapter 11 dispute mechanism too costly for Canada at $314M, says report

CCPA says Canada has been sued over twice as many times as Mexico and the U.S. combined

https://www.cbc.ca/news/politics/chapter-11-report-ccpa-1.4489102

[boutons_deux]

Why Trump’s NAFTA 2.0 Is a Win for Big Oil — But a Huge Loss for Workers and the Environment

While oil companies would reap benefits from the deal, workers at home and abroad would suffer.

a victory for large corporations and polluters at the expense of workers and the planet.
“This deal is a giant step backwards for people, communities and the environment,”

USMCA “would enshrine and globalize Trump’s deregulatory zealotry into

a trade pact that would outlast the administration and imperil future efforts to protect consumers, workers and the environment.”

“Most people don’t know how bad a deal NAFTA was for Mexico,”

“But a quarter-century after NAFTA, Mexican wages are about the same as they were in 1980,

some 20 million more people are in poverty,

five million were displaced from agriculture because of NAFTA tariff policy, and

economic growth in Mexico ranks about 15 of 20 Latin American countries.”

“Americans have suffered under NAFTA’s corporate-rigged rules for decades,”

“Nearly one million U.S. jobs have been government-certified as lost to NAFTA, with NAFTA helping corporations outsource more jobs to Mexico every week,”

“The downward pressure on U.S. workers’ wages caused by NAFTA outsourcing has only intensified as Mexican wages declined in real terms since NAFTA, with Mexican manufacturing wages now 40 percent below those in coastal China.”

American Petroleum Institute, :lol the largest oil and gas industry lobby in the country, supports the deal, :lol DUH!

saying it would (https://www.huffingtonpost.com/entry/nafta-environment_us_5bb24486e4b0c7575967b819) “help ensure the U.S. energy revolution continues into the future.”

“The [USMCA] has giant giveaways to the agrochemical industry

that paves the way for

unregulated gene-edited GMOs,

rolls back Mexico’s regulation of GMOs, and

lets chemical giants like Monsanto and Dow keep the data on the safety of their pesticides secret for 10 years,”

“The energy provisions will encourage more pipelines and exports of natural gas and oil that would further expand fracking in the United States and Mexico,” she continued. :lol BigWin for Sky People!

“The text also provides

new avenues for polluters to challenge and try and roll back proposed environmental safeguards,

cementing Trump’s pro-polluter agenda in the trade deal.”

starting in 2020, 30 percent of the manufacturing of the car must be conducted by workers making a minimum of $16 an hour (https://www.washingtonpost.com/business/2018/10/01/us-canada-mexico-just-reached-sweeping-new-nafta-deal-heres-whats-it/?noredirect=on&utm_term=.6d6d71a3898d)—

roughly three times the hourly wage of Mexican workers in the auto industry. :lol what enforcement? :lol

the deal will also extend patents on biologic drugs (https://www.marketplace.org/2018/10/01/world/winners-and-losers-nafta-20) from eight to ten years, resulting in a rise in the prices for customers and a win for the pharmaceutical industry.

https://www.alternet.org/economy/trumps-nafta-20-promises-deepen-economic-and-environmental-crises

while US Fed minimum wage is blocked by the oligarchy at $7.25 / hour

https://money.cnn.com/interactive/economy/minimum-wage-since-1938/images/minimum-wage-ie.png

[Winehole23]

Trump’s ‘Historic’ Trade Deal: How Different Is It From Nafta?


By Shawn Donnan (https://twitter.com/sdonnan), Andrew Mayeda (https://twitter.com/amayeda), Jenny Leonard (https://twitter.com/jendeben) and Jeremy C.F. Lin (https://twitter.com/Jeremy_CF_Lin)
October 2, 2018

The U.S., Canada and Mexico reached a deal on a successor to the 24-year-old Nafta, capping more than 13 months of negotiations and overcoming major sticking points from Canadian dairy market access to minimum wage requirements for automobile production. Here are the major differences between the old deal and the new one, called the U.S.-Mexico-Canada Agreement, or USMCA, which President Donald Trump hailed Monday as a historic achievement.


U.S.-Mexico-Canada Agreement
North American Free Trade Agreement

CARS
The new deal increases the portion of a car that needs to be produced in North America to 75 percentto avoid tariffs. It also requires at least 40 percent of that come from factories where the average wage is $16/hour.

The current Nafta, which came into force in 1994, requires that 62.5 percent of cars produced in the trade zone be made in North America. There's no minimum-wage requirement.

DAIRY
U.S. dairy farmers will be allowed to sell more milk to Canada.

Dairy wasn't part of the original deal. The U.S. has long complained that Canada's system of domestic quotas protects its dairy farmers from foreign competition.

DISPUTES
The new deal severely restricts chapter 11 between the U.S. and Mexico, while eliminating it between the U.S. and Canada. Chapter 19 and 20 both survived, virtually intact.

Nafta has three kinds of dispute settlement systems. Chapter 11 provides a mechanism for solving disputes between companies and Nafta governments. Chapter 19 allows for cross-border mediation when Nafta partners clash over dumping or subsidy cases. Chapter 20 governs disputes between states.

CURRENCY
The new deal includes a new currency chapter that commits the three countries to maintain market-determined exchange rates and refrain from competitive devaluations of their currencies. The pledge won't have much effect on policymaking in the three nations, all of which have free-floating exchange rates. But it could serve as a template for future trade deals, giving the U.S. leverage over countries such as China.

The current Nafta doesn't include a currency chapter. Automakers and some lawmakers have been calling for one as a way to shield against currency manipulation.

SUNSET CLAUSE
The U.S. had demanded a sunset clause that would kill Nafta after five years unless the countries agreed to extend it. In the end, the countries settled on a 16-year term for the deal, with a review to identify and fix problems and a chance of a deal extension after six years.

https://www.bloomberg.com/graphics/2018-nafta-vs-usmca/