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re: Trump Set to Lift Steel and Aluminum Tariffs on Canada and Mexico as Early as Today
Posted on 5/17/19 at 12:31 pm to CAD703X
Posted on 5/17/19 at 12:31 pm to CAD703X
quote:With all the focus on China, this would clear the way for the USMCA, which is a big deal. The Canada-Mexico agreement would represent by far our largest, most important trade agreement. We currently trade $1.2T/yr with Canada-Mexico at a trade deficit of $88Bn/yr. US trade with the EU runs ~$718Bn/yr w/ a $151Bn/yr deficit. Then comes China @ $635Bn/yr w/ a $376Bn/yr deficit.
poor IB reeeeeeeeeeeeeeeeeeeeeeeeeeeeman
So whereas the large China deficit and onerous predatory trade practices give us perhaps the most room for improvement, Canada/Mexico and the EU are more prolific partners.
1
Posted on 5/17/19 at 1:16 pm to NC_Tigah
quote:
With all the focus on China, this would clear the way for the USMCA, which is a big deal.
Very true but do you really think that the dems will let it be ratified? They will still find some issue with it just so they can stop Trump.
This post was edited on 5/18/19 at 11:59 am
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