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Friday, April 06, 2018

The Art of the NAFTA

A month ago, President Trump slapped a tariff on imported aluminum and steel. The press panicked.

"Unswayed by Republican warnings of a trade war, President Donald Trump ordered steep new tariffs on steel and aluminum imports to the U.S. on Thursday, vowing to fight back against an 'assault on our country' by foreign competitors. The president said he would exempt Canada and Mexico as 'a special case' while negotiating for changes to the North American Free Trade Agreement," the Associated Press.

I called it a bargaining chip -- and I was of course correct. Trump needed leverage in fulfilling his campaign promise to renegotiate trade deals.

Voila. Not only has South Korea agreed to limit its sales of steel to the United States, but now Canada and Mexico seem to have seen the light after more than a year of heavy renegotiation of the North American Free Trade Agreement.

"We have a high chance of reaching a win-win-win deal for Canada, the United States and Mexico," Canadian Prime Minister Justin Trudeau told reporters on Thursday.

Trudeau said the deal will be cut ahead of the election in Mexico in July, or the midterms in America in November.

In the comments for the story I cited, Luca Brasi wrote, "As long as the US benefits, I'm OK with Canada benefiting."

Yup.

The trade war the press predicted rests beside the World War III the press predicted in the Prognostications Hall of Shame in Dacron, Ohio.

In "Animal House," Dean Vernon Wormer said, "Fat, drunk, and stupid is no way to go through life, son."

And yet the American press does just that.

9 comments:

  1. PDJT knows how to use leverage. MAGA. Canada and Mexico have no leverage. PDJT realizes this. Most in congress, former presidents such as Bathhouse Barry, and the media do not. But they never built a multi-billion dollar business.

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  2. The anti-Trump folks continue to be surprised that the guy whose biography is called "The Art of The Deal"is a master negotiator who stakes out strong opening positions and settles for what he really wanted.

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  3. They don't accept the linkage between Trump and the book. Every time they talk about it, they refer to it as "the book that was written by somebody else and DOnald only put his name on it."

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  4. The enemedia people are convinced they are smarter than anyone else (it is their TRUTH), especially we the Deplorable and that nincompoop TRUMP(!!!!!) They'll never take off their blinders.

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  5. It seems that NOBODY talks about his next book "The Art of the Comeback" ever.

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  6. Do,do not take too much stock in sparkle socks comment in Canada on this,the guy is a dummy with some else voicing.

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  7. How’s that market doing? November is coming.

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    Replies
    1. who gives a crap.

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    2. Yeah, it does that, doesn’t it? Once every twelve months.

      Why, did it catch you by surprise one year?

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