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grantcart

(53,061 posts)

77. Extremely doubtful, Canada just signed a free trade agreement with the EU

Thu Jan 26, 2017, 06:20 PM

Jan 2017

They were very strong the TPP because it will give them free trade to Australia and New Zealand as well as ASEAN and the Asian Tigers.

https://www.theguardian.com/business/2016/oct/30/eu-canada-sign-ceta-free-trade-deal-trudeau-juncker

The EU and Canada signed a free trade deal on Sunday that was almost derailed last week by objections from French-speaking Belgians , exposing the difficulties of securing agreement from 28 member states as Britain prepares for Brexit talks.

The European commission president, Jean-Claude Juncker, said there was no parallel between the deal struck with Canada and looming Brexit talks.

“I don’t see any relation between what we are signing today and the Brexit issue,” Juncker said, before greeting Canada’s prime minister, Justin Trudeau, in Brussels

Trudeau and top EU officials signed the comprehensive economic and trade agreement, known as Ceta, paving the way for most import duties to be removed early next year. However, the treaty needs the approval of at least 38 national and regional parliaments, including the UK’s, to take full force.

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Highlight:

CNN Reporting 20% Tax On Mexican Imports To Pay For Wall. LET THE TRADE WAR BEGIN! [View all] KittyWampus Jan 2017 OP

He will starve us before we can get him impeached... pbmus Jan 2017 #1

Q: who could have predicted this? etherealtruth Jan 2017 #2

I anticipate a black market smuggling operation in "real sugar" Coca Cola. brooklynite Jan 2017 #3

We used to cross the border to buy Mexican marybourg Jan 2017 #6

Spread the good news. dalton99a Jan 2017 #4

Trade war...here it comes!! workinclasszero Jan 2017 #5

Oh no!! Avocado tax! mainer Jan 2017 #7

This is a VERY bad idea... Hayabusa Jan 2017 #8

trump and his goons didn't think beyond wanting to wound the Mexican president spanone Jan 2017 #12

Not to mention Hayabusa Jan 2017 #16

i'm sure don hasn't been in a grocery store in.......possibly never. spanone Jan 2017 #17

Shit, he has people Hayabusa Jan 2017 #20

Yeah but not for his voters. His voters will definitely feel the impact of a trade war anneboleyn Jan 2017 #38

Your link says 70% of our fresh produce comes from Mexico. KittyWampus Jan 2017 #21

So... we're paying for it ???!!! C_U_L8R Jan 2017 #9

Oh, FFS Warpy Jan 2017 #10

Two can play that game herding cats Jan 2017 #11

Is this a tariff on things like cars JDC Jan 2017 #13

Don hasn't thought this through. His suits are made in Mexico. Vinca Jan 2017 #14

Does he ever think anything through? Yo_Mama_Been_Loggin Jan 2017 #82

Worried this will help him win the Rust Belt again in 2020 Alhena Jan 2017 #15

It won't if they're paying 20% more for food. KittyWampus Jan 2017 #23

Right because all those 30 dollar an hour factory jobs for HS dropouts with full bennies workinclasszero Jan 2017 #25

The rust belt will pay, precarious trade balances are at stake. gordianot Jan 2017 #34

Oh, they'd suffer from this, too. herding cats Jan 2017 #51

US Mexico trade analyzed by sector and import/export in billions of dollars Bernardo de La Paz Jan 2017 #94

It won't when tariff realities hit their wallets. They will scream when wal-mart prices jump anneboleyn Jan 2017 #60

Probably so, hope so anyway Alhena Jan 2017 #64

maybe some folks will finally understand how trade works ( silver lining) JHan Jan 2017 #76

Nope. Mex car parts go into US car assembly jobs. Bernardo de La Paz Jan 2017 #96

Trump is going to cause the US econoomy great harm !!! Vinnie From Indy Jan 2017 #18

How long before Mexico retaliates with a 20% tax on stuff from the USA? workinclasszero Jan 2017 #19

Mexico saw this coming... rainbow4321 Jan 2017 #33

Sure workinclasszero Jan 2017 #58

Interesting how this will play with those Wellstone ruled Jan 2017 #22

Stock market tanks tomorrow Drahthaardogs Jan 2017 #24

Uh oh.... workinclasszero Jan 2017 #26

If you have a pension or a 401K, you do. nt tblue37 Jan 2017 #91

Nope it got wiped out by the last republican administration workinclasszero Jan 2017 #92

So it looks like we pay for the wall after all...Through higher prices for food and other things. Auntie Bush Jan 2017 #27

Holy Guacamole!!! HopeAgain Jan 2017 #28

Thank goodness we grow our own here in California. Iggo Jan 2017 #44

There will be a run on Mexican beer. n/t rzemanfl Jan 2017 #29

Sol beer... Else You Are Mad Jan 2017 #61

I like Corona Light HoneyBadger Jan 2017 #69

Unless you're a woman, then he may have other ideas about what to do with what you drink. rzemanfl Jan 2017 #84

Which idiot 'free trade' Republicans are going to vote for this? jeanmarc Jan 2017 #30

They don't need to vote. Presidents have the power to create tariffs. Buckeye_Democrat Jan 2017 #37

It's not an expressed right in the Constitution, but it seems it is law somehow jeanmarc Jan 2017 #42

I doubt Congress will do anything if they don't have to. Buckeye_Democrat Jan 2017 #46

It is questionable sarisataka Jan 2017 #47

Tax on Americans... or tariffs on imports? Buckeye_Democrat Jan 2017 #52

That phrase sarisataka Jan 2017 #71

We'll see how it goes. Buckeye_Democrat Jan 2017 #79

He will seek a congressional vote (per CNN) MarvinGardens Jan 2017 #83

A vote, or just wanting their input for a plan? Buckeye_Democrat Jan 2017 #86

Mexico is bound to retaliate with a 20% tariff of their own. Charles Bukowski Jan 2017 #31

Yup..the ex Pres promised that in an interview last night rainbow4321 Jan 2017 #35

Wait till he gets around to China workinclasszero Jan 2017 #39

China... Else You Are Mad Jan 2017 #67

You are so right friend workinclasszero Jan 2017 #72

Wonder when the Mexican President will build a wall to keep deplorable Americans out of Mexico. democratisphere Jan 2017 #32

Maybe Mexico will form an alliance with China. gordianot Jan 2017 #40

Anything that Mexico manufactures, China can do for less HoneyBadger Jan 2017 #54

I feel bad for Mexico. His behavior indicated he wanted to make an example of a country LittleBlue Jan 2017 #36

So Mexico hikes its prices 20% and we end up where we start out: Paying For The (Ineffective) Wall? Iggo Jan 2017 #41

How does this make Mexico pay? sarisataka Jan 2017 #43

Trade doesn't expand with other countries that fast. Calista241 Jan 2017 #49

Mexico already has trade agreements with other countries OnDoutside Jan 2017 #62

I could see countries like China sarisataka Jan 2017 #65

Ensenada Chico Man Jan 2017 #95

Yep, so they'd have to expand the port. Calista241 Jan 2017 #98

Not legal. WTO has jurisdiction grantcart Jan 2017 #45

Fuhrer Trump don't need no stinkin WTO workinclasszero Jan 2017 #48

Except that the US set up the system and up until now has won all its cases but one grantcart Jan 2017 #53

I never anticipated a reality show clown/con man/Russian mole workinclasszero Jan 2017 #75

Yes he can, sadly. Buckeye_Democrat Jan 2017 #55

WTO doesn't enforce NAFTA, it enforces GATT grantcart Jan 2017 #73

Article 2205, right in the NAFTA agreement. Buckeye_Democrat Jan 2017 #80

NAFTA is a bilateral or multilateral agreement grantcart Jan 2017 #88

I would imagine both Canada and the US will be announcing Calista241 Jan 2017 #56

Extremely doubtful, Canada just signed a free trade agreement with the EU grantcart Jan 2017 #77

Canada will not put their access to the US market at risk Calista241 Jan 2017 #90

Wonder how his supporters will react to Walmart doubling prices? sinkingfeeling Jan 2017 #50

Can we please get some... Else You Are Mad Jan 2017 #57

Mexico and China Bad. Canada and Russia Good. Yavin4 Jan 2017 #59

Don't worry.. Else You Are Mad Jan 2017 #68

We import $291 billion from Mexico each year, 20% is nearly $60 billion HoneyBadger Jan 2017 #63

Mexico won't really be paying for it. Americans will because any sinkingfeeling Jan 2017 #70

Here comes the inflation, get ready for fruit to skyrocket. sarcasmo Jan 2017 #66

20% will be the tax,and then the Kroger food "tax" Bengus81 Jan 2017 #74

Whats sad is his idiotic voters are out there on twitter and places Thrill Jan 2017 #78

Looks like a good time to stock up on non-perishables. dgibby Jan 2017 #81

Trump the stupid fuckhead Yo_Mama_Been_Loggin Jan 2017 #85

Way to KILL the auto industry. Atman Jan 2017 #87

Mexico's economy is 1/15th the size of ours. Motown_Johnny Jan 2017 #89

Spicer said "the President made a decision". An hour later he said it was "only one option". . . . n Bernardo de La Paz Jan 2017 #93

S&P 500 down for the day, was even until the announcement. Bernardo de La Paz Jan 2017 #97

Trying to figure out who is the cluesless one here. GoCubsGo Jan 2017 #99

It is a shame that we cannot put a 20% tax on illegal cartel imports HoneyBadger Jan 2017 #100