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Justin From Canada Attempts Backup Option for Trade Mistakes, Fails Miserably
Posted on 2/19/18 at 3:24 pm
Posted on 2/19/18 at 3:24 pm
quote:
NAFTA is as precarious as a slow-spinning plate on a stick. Mexico and Canada are both taking half-hearted turns recharging the momentum – while simultaneously looking for trade options due to, well,.. the inevitable.
The basic issue is a simple one; for the U.S. NAFTA has a fatal flaw. Canada and Mexico are used by China and Asian nations as a way to work-around direct trade with the U.S. and use NAFTA as a backdoor into the U.S. market. It works out great for Canada and Mexico, but terrible for the U.S. It’s a structural issue and no amount of negotiation is going to remove the fatal flaw unless Canada and Mexico agree to terms that are directly against their current financial interests.
Ergo POTUS Trump is positioned to withdraw.
Trying to keep the U.S. in NAFTA, but understanding the likelihood of exit, Justin from Canada originally approached China for a big trade deal. Justin didn’t find Happy Panda in his discussions; instead he found The Red Dragon behind the Panda mask. China was willing to talk trade, but China tiered their approach because Canada is only valuable to China as long as the NAFTA door is open. Without NAFTA China has no use for Canada.
Justin left China with dragon burns and immediately realized his trade cards were getting weaker by the day…. so he had to sign-up for the Trans-Pacific-Partnership. Unfortunately for Justin, though some think he didn’t realize the consequence, signing TPP guaranteed POTUS Trump would exit NAFTA.
Why? Because if the U.S. stayed in NAFTA the TPP nations would now have a collective backdoor into the valuable U.S. market through Canada. The NAFTA fundamental flaw just became more flawed.
quote:
We always knew there was a generally good trade strategy visible from POTUS Trump, but it needs to be said that NO-ONE realized just how well thought out it really is. Now I know what this guy does instead of sleeping… he maps out the matrix of trade leverage and economic strategy….. it’s almost absurd how keenly insightful Trump is on the geopolitical side of economics.
Our president has flaws and faults, we all accept that…. but he is engaging in international economics with a mastery never seen by a U.S. president. EVER.
How does the author arrive at this conclusion...read more here: LINK
Posted on 2/19/18 at 3:29 pm to GumboPot
quote:
Our president has flaws and faults, we all accept that
I’m legit trying to figure out what his flaws as POTUS are
quote:
he is engaging in international economics with a mastery never seen by a U.S. president. EVER
Indeed
Posted on 2/19/18 at 3:30 pm to ScoopAndScore
The entire article is worth reading. I didn't want to post a wall of text.
Posted on 2/19/18 at 3:38 pm to GumboPot
The thought of Justin in high stakes trade negotiations with the Chinese is a funny one.
He needs to stick to what he does best: apologizing and weeping.
He needs to stick to what he does best: apologizing and weeping.
Posted on 2/19/18 at 3:45 pm to GumboPot
My favorite part of the article...
quote:
You see, while Justin from Canada was trying to find his way through the China, ASEAN and TPP trade matrix, POTUS Trump and India’s Prime Minister Modi were hugging it out on trade deals; with U.N. Ambassador Nikki Haley courting the national Indian crowd.
Yup, Justin from Canada shows up in India, and the airport -much like the rest of the diplomatic venues- is empty. POTUS Trump arrived early and stole all the trade hugging last year; then used a geopolitical strategy of punching Pakistan in the teeth to elevate his own Indian magnanimity. A bazillion India peeps loves-them-some-Trump now.
More FUBAR eh’?
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