Canada Rushes to Do Trade Deal with Trump

Originally published at: Canada Rushes to Do Trade Deal with Trump | Infostormer.com

Canadian Prime Minister Justin Trudeau is rushing to do a trade deal with the United States. This after the President of the United States Donald Trump announced a new trade deal with Mexico.

CNBC:

Canadian Prime Minister Justin Trudeau said on Wednesday that it may be possible to reach a deal on NAFTA ahead of U.S. President Donald Trump's Friday deadline.

"We recognize that there is a possibility of getting there by Friday, but it is only a possibility, because it will hinge on whether or not there is ultimately a good deal for Canada," he said at a press conference in northern Ontario. "No NAFTA deal is better than a bad NAFTA deal."

It's pretty funny to see how Trudeau is trying to spin this. He's claiming that he won't accept a deal unless it is good for Canada, but in reality he has no choice but to accept whatever deal Trump presents. Canada needs access to the United States market much more than the United States needs access to Canada's market. And the agreement with Mexico made any agreement with Canada even less important to the United States. That's why Trudeau is rushing to make a deal.

Trump remarked that he thought a deal by the end of this week would be possible. He’s got Trudeau in a box and he has to deal on Trump’s terms. NAFTA is all but dead now.

4 Likes

Americans have to realize that many Canadian jobs and business left Canada, just as happened in the U.S. due to NAFTA. Americans also must realize Canada is America’s largest trading partner. Having said that, people are not as sorry to see NAFTA dissolve here as Americans may imagine. Personally i believe all countries should develop their own industry, trade with each other on an even par and no free trade.

1 Like

Canada charges the US a 300% tariff on it’s dairy products. That sounds a bit unfair. The US charges Canada high tariffs on things like automobiles. Reminds one of usury. Trudeau is such a weakling he only talks tough when Trump has left the room. I personally cannot see how you can have ‘free trade’ when all 3 countries have different currencies with different exchange rates. Sounds to me like a good time to start talking about monetary reform and dumping the Canadian dollar, the jewish Federal Reserve dollar, and the peso and create a brand new currency similar to the Euro only not controlled by the Rothschild syndicate and one that governments can actually control the printing of it rather than a private group of jewish bankers. If not a common currency then at least currencies that operate on parity with each other. This is not rocket science here.