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re: 1st quarter GDP: 3.2%
Posted on 4/26/19 at 8:53 am to Jyrdis
Posted on 4/26/19 at 8:53 am to Jyrdis
noteworthy i thought was that the main positive contributors were things that reduce uncertainty (things that were already in TPP), and that the auto rules of origin provisions were a net negative
but really i was just curious if you knew the kind of typical details. i skimmed the report, curious about their assumption on the future state of the steel/aluminum tariffs, and didn't see a word about it
but really i was just curious if you knew the kind of typical details. i skimmed the report, curious about their assumption on the future state of the steel/aluminum tariffs, and didn't see a word about it
Posted on 4/26/19 at 9:08 am to 90proofprofessional
The ROOs for auto/steel/aluminum, I think as I haven't read it in great detail, will definitely make it more difficult for Canada and Mexico to export those items to the US. This should serve to boost those industries. This also leads me to think they may be concerned about the future state of those industries. I don't recall the percentage of each good, but Canada and Mexico are two of our larger (Canada used to be the largest in terms of total trade) partners--particularly in those goods.
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