Critics are panning the president’s new trade deal with Canada and Mexico as a minor update

October 3, 2018

as there is tons of stuff on the web about this...with ALMOST ALL sites saying this new agreement with Mexico and Canada is nothing more than minor tweaks...i will leave it to others to agree or disagree and with no animosity given ...or taken ... and to find their own proof on any way they think about this...it really did become a much ado with lots of blusters and big rhetorical totally empty threats with an end result of not too much changed as the final result...by the way... ALL the tariffs and counter tariffs and counter-counter tariffs are still fully in effect and are in the process of being negotiated to a satisfactory end to all parties concerned

October 3, 2018

China thinks it changed a whole lot and ruin any chance Mexico and Canada had at setting up a free trade deal with them..

https://www.reuters.com/article/us-trade-nafta-china/trade-pact-clause-seen-deterring-china-trade-deal-with-canada-mexico-idUSKCN1MC305

They agreed to it and whats done is done if it happens , regardless of what happens a it's $1.2 trillion worth of trade among the three nations that's a lot of cash that could pay the USA debt off in China from all the dumping they did in the USA .. When you Trade with China here is how it looks.

seems Trump got what he wanted

Quote

Derek Scissors, a China scholar at the American Enterprise Institute in Washington, said the provision gave the Trump administration an effective veto over any China trade deal by Canada or Mexico.

But your Government downplayed it not the Critics...

Quote

Canadian Finance Minister Bill Morneau downplayed the provision, arguing it was not significantly different from NAFTA’s clause that allows any member to leave the pact in six months’ time for any reason.

Thats something only Canada will have to workout for themselves the critics in Canada say its bad it don't matter what NBC says they a USA Network..Mexico is all for it.

The steel industry don't look good for Mexico and Canada thats were we set tariffs they been a trade war for 30 years with the USA steel industry and imports were it took there jobs , tariffs really not going to help the USA in the long run because steal mills will buy it from one of the others that they have no tariffs on. they have 85 countries they buy steel from.

https://www.bizjournals.com/pittsburgh/news/2018/06/12/u-s-steel-ceo-weve-been-in-a-trade-war-for-30.html

https://www.reuters.com/article/us-trade-nafta-mexico-steel/mexican-canadian-steel-lobbies-urge-fix-to-u-s-tariff-dispute-idUSKCN1MC2D4

But the US steel industry reports its helping they have a 10% gains since the tariffs but this in the short term

https://www.zacks.com/stock/news/320285/trump-tariffs-bearing-fruit-as-us-steel-imports-drop-ytd