||| The Independent |||
While even Republicans within the GOP have remained critical of Donald J. Trump, there is no doubting his negotiation skills as the 45th President of the United States of America proven by the recent USMCA Trade Deal with Canada and Mexico.
"The agreement will govern nearly $1.2 trillion in trade, which makes it the biggest trade deal in United States history," Trump said during a press conference in the Rose Garden.
The President said on Monday that his clever and precise stance on NAFTA, and list of demands for Canada and Mexico to play ball at America's guidance; have been a proven success.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Late last night, our deadline, we reached a wonderful new Trade Deal with Canada, to be added into the deal already reached with Mexico. The new name will be The United States Mexico Canada Agreement, or USMCA. It is a great deal for all three countries, solves the many……</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1046708836407685122?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">….deficiencies and mistakes in NAFTA, greatly opens markets to our Farmers and Manufacturers, reduces Trade Barriers to the U.S. and will bring all three Great Nations together in competition with the rest of the world. The USMCA is a historic transaction!</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1046714711268622336?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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"It puts us in a position we've never been in before," 45th President of the United States of America, Donald J. Trump said, after a heavy victory against both Canada and Mexico. "This is a terrific deal for all of us."
"We reached a wonderful new Trade Deal with Canada, to be added into the deal already reached with Mexico. The new name will be The United States Mexico Canada Agreement, or USMCA. It is a great deal for all three countries, solves the many deficiencies and mistakes in NAFTA, greatly opens markets to our Farmers and Manufacturers, reduce(s) Trade Barriers to the U.S. and will bring all three Great Nations closer together in competition with the rest of the world. The USMCA is a historic transaction!" Trump tweeted.
“In theory, there should be no trouble, but anything you submit to Congress is trouble no matter what,” the President said. “They’ll say ‘Trump likes it, and therefore we won’t approve it.’”
“While many in Washington claimed it could not be done, President Trump worked tirelessly to bring Canada to the table and negotiate a new trade deal that is better for American workers and consumers,” said Representative Steve Scalise (R-LA) the House Majority Whip.
<blockquote class="twitter-tweet" data-lang="en"><p lang="es" dir="ltr">Congratulations to Mexico and Canada!</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1046715439831797760?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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Trump said he would try a similar tactic with the European Union, China, Japan, Philippines, Brazil, Russia, and even India, where he intends to score new deals to take America into the mid-century clash of world powers competing for control.
Canadian Prime Minister Justin Trudeau gave a much softer reply, after being embarrassed on a world stage as if an ill-mannered child who'd been placed in detention for punishment.
“The new deal will be good for Canadian workers, good for Canadian businesses and good for Canadian families,” Trudeau said, after spewing tough talk for months, knowing he had no leg to stand on against the US.
President Trump slammed Trudeau back into reality earlier this year, saying that Canada wouldn't survive without renegotiations on NAFTA, because America would win without their help.
“We’re totally prepared to do that if they don’t negotiate,” Trump had said earlier this month, knowing that he is unwavering in his promise to put America First.
Recent cuts to foreign aid budgets for the likes of Palestine, with similar threats of sanctions towards Iran and Turkey, are also on the President’s agenda, as he battles for victory on all fronts.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">A good deal for Canada that will strengthen the middle class, grow the economy, create new jobs and more opportunities for Canadian businesses, workers, and families. Get the details on <a href="https://twitter.com/hashtag/USMCA?src=hash&ref_src=twsrc%5Etfw">#USMCA</a> here: <a href="https://t.co/xoP7VxnHX9">https://t.co/xoP7VxnHX9</a> <a href="https://t.co/QpekHTAJqG">pic.twitter.com/QpekHTAJqG</a></p>— Justin Trudeau (@JustinTrudeau) <a href="https://twitter.com/JustinTrudeau/status/1046837757409136646?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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Canadian Prime Minister Justin Trudeau caved-in and agreed to Trump's proposed changes on Sunday night, making the Northern-neighbor of the US bowing before us in a shootout to negotiate the North American Free Trade Agreement.
The Goldwater previously predicted this victory, telling our readers back in June that<a href="https://thegoldwater.com/news/28994-Trump-Wins-By-Default-as-Trade-War-with-America-Would-Put-Canada-s-Economy-in-Recession"> President Trump would win by default in any trade war with Trudeau because the Canadian economy couldn't survive </a>against us by any possible mathematical formula.
The war of words had hit critical mass during the summer between the two neighboring nations.
Pundits and critics both shelled out propaganda after the G7 Summit, where Trump blasted the “weak and dishonest” Canadian Prime Minister Justin Trudeau.
Trudeau had stopped at nothing to take shots at the President of the United States of America but only did so after Trump left the Summit of allied nations, where the Trump Administration acted swift in annihilating Canadian imports.
Talk is cheap, but that's all Trudeau could do and he forced his own industries to suffer greatly as a result.
Playing chess against a chess master and you'll likely hear the word checkmate uttered before the clock hits ten minutes.
That is exactly what happened to the broken Canadian PM on Sunday night, conceding that Canada cannot exist without US support.
“There is no question that renegotiating NAFTA has been a challenge in his conversations with Trump,” Trudeau said of his defeat.
“We will continue to work on things that allow us to benefit our workers, benefit our citizens and take on the world together as a North American market,” the Canadian PM said, hanging his head in shame as he prepares for the onslaught of upcoming Canadian elections.
Mexico, who already conceded to the President immediately after his demands were made, seems pleased by the boost to Mexico’s economy.
In recent months, Mexico has become a successful replacement to Canada as our trade-neighbor, giving prosperity for the Southern ally of the United States of America a probable place in their own reforming.
“We celebrate a trilateral deal. The door closes on trade fragmentation in the region,” tweetedJesús Seade, trade negotiator for Mexico’s incoming president, Andrés Manuel López Obrador.
<blockquote class="twitter-tweet" data-lang="en"><p lang="es" dir="ltr">Celebramos el acuerdo trilateral. Se cierra la puerta a la fragmentación comercial de la región. TLCAN 2 dará certidumbre y estabilidad al comercio de México con sus socios en Norteamérica. Gran satisfacción haber representado a <a href="https://twitter.com/lopezobrador?ref_src=twsrc%5Etfw">@lopezobrador</a> en este proceso. Enhorabuena a todos.</p>— Jesús Seade (@JesusSeade) <a href="https://twitter.com/JesusSeade/status/1046586217725382657?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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<blockquote class="twitter-tweet" data-lang="en"><p lang="es" dir="ltr">Celebramos el acuerdo trilateral. Se cierra la puerta a la fragmentación comercial de la región. TLCAN 2 dará certidumbre y estabilidad al comercio de México con sus socios en Norteamérica. Gran satisfacción haber representado a <a href="https://twitter.com/lopezobrador?ref_src=twsrc%5Etfw">@lopezobrador</a> en este proceso. Enhorabuena a todos.</p>— Jesús Seade (@JesusSeade) <a href="https://twitter.com/JesusSeade/status/1046586217725382657?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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A report from Scotiabank placed into mind various scenarios, including one where the United States of America were to cut all trade ties with its partnering nations; imposing 20% tariffs on all American goods across the boards.
The result of that analysis is that both Canada and Mexico would receive devastating effects, with Canada seeing a 1.8% loss to its economy.
While the number seems small, when it comes to economic prowess, a 1.8% hit could be crushing for any nation.
The newest of deals will still require Congressional approval, which is all but guaranteed as midterms approach and Representatives on both sides of the aisle need to gain the votes of American industries reliant on Canadian trade revenues.
The timing is impeccable, says Trump's leading advisor and son-in-law, Jared Kushner.
Kushner said he was confident of his abilities last year as Trump moved him front-and-center on both Middle East peace negotiations and NAFTA.
Many suggest that the most trusted White House official remains Jared Kushner because he's able to bring actual results to the Oval Office with his influential charisma.
“He is very serious about the fact that if he’s not able to achieve negotiated outcomes he’s not going to shy away from unilateral outcomes,” Jared Kushner said, after leading negotiations alongside President Trump.
Stocks soared as a result against the globe, putting the North American economy into the limelight with Mexico, Canada, and the United States of America roaring.
That roar, as if a lion to the world's herd that sits behind this continent, has reshaped global economics under President Trump, forcing Asian and EU stocks to bend to Donald Trump's will.
The Trump GDP was predicted at “4, 5, or 6 percent,” according to the President just last year, and the market has rallied under President Trump to back to being beyond “healthy” to those paying attention to globally diversified portfolios.
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Economic indicators across the world are booming, especially for investors, making the new trade deal rewarding for those investing.
This couldn't come at a better time, especially as China continues to expand its military prowess in the South China Sea, swallowing up islands in international waters.
Similar “long game” tactics are being used by Trump against China, creating turmoil with tariffs and deals with African nations to send the sleeping dragon packing back to the mainland.
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“The strategy that got Trump elected is going to go global,” Steve Bannon, former White House Chief strategist and close friend of the President said.
“He's been called both a street fighter and the most dangerous man in politics,” Steve Bannon said of Trump's brilliance. “We just want America to hold its rightful place. Let them call you anything they like. Wear it as a badge of honor.”
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The entire economic media and stock market pundits on both television and radio attempted to say that the President’s methods of blasting our trade partners wouldn't work, only to be proven wrong.
With Canadian PM Trudeau’s submission to Donald Trump coming swiftly after he took cheap shots knowing he couldn't back them, the world knows President Trump will not stand down.
Donald Trump outright shocked all of the worlds with his steel and aluminum import-halting tariffs on Ottawa — as well as stunned the GOP — but it worked. Canada has bent the knee to the Trump Administration.
The defeated Canadian leaders agreed to the White House demands after Trump loudly proclaimed his master plan of the “mother lode,” which would be new penalties on all automobile imports from Canada, bankrupting their ability to produce.
America is first again, and America is victorious with this trade deal that could hold the US economy to the top of the market ladder for decades to come.
A critic of Trudeau’s weaknesses in negations, Ontario premier Doug Ford, has demanded the Canadian government bailout their dairy farmers, saying Trudeau’s rhetoric has bankrupted many as a result.
This shows the absurd tone of Trudeau in trashing President Trump's desires for American prosperity is something that Canadians are angry with.
Canadians, themselves desiring a friendly relationship with America, are seeking to oust Trudeau and the lunatic liberal policies that have hurt their nation.
Trump made one strong series of tariffs, and Trudeau was caught off guard with no answer.
Justin Trudeau has destroyed Canadian industries by removing government support, on concessions to Trump, and that's unforgivable to Canada's voting majority.
Trump's team understood that while Canada might be the world’s 10th-largest economy, they can still only account for less than two percent of world GDP. This makes them a snail on the railroad where America is driving the freight train. They didn't stand a chance.
The only influence Canada has on world prices are the one or two commodities they control major market shares for, such as potash or uranium, neither of which can do any damage to Trump's steel fortitude and pending aggressions.
Canadian soybean farmers have also become collateral damage, in the ongoing trade dispute between U.S. and China, as tariffs imposed by Beijing highlight the tight cross-border ties between markets.
When China slapped a 25 percent retaliatory tariff on American soybeans in the summer, it affected Canada greatly, whose entire agricultural produce price is molded around US prices.
This meant that President Donald Trump, who quickly followed through on threats to levy hundreds of billions of tariffs against Chinese imports, could break Canada with his war on China.
Current U.S. soybean prices — already beat up from months of trade uncertainty — have now rebounded somewhat, with Taiwan promising to purchase more.
With Canadian prices essentially set by those set south of their border, inside the United States of America, there was no winning scenario for Trudeau.
It's likely that the pain is being felt not just in Manitoba and Ontario, but across the entirety of Canada when consumers buy groceries, analysts say.
“That’s going to cost a lot of money for the people of Canada. He learned. You can’t do that. You can’t do that,” Trump said in Singapore, after meeting with North Korean Chairman Kim Jong Un.
“I actually like Justin, you know, I think he’s good, I like him, but he shouldn’t have done that. That was a mistake. That’s going to cost him a lot of money,” Trump said.
“Obviously we support the continuing efforts by the president on North Korea. We look forward to looking at the details of the agreement. On his comments, as I said, I’m going to stay focused on defending jobs for Canadians and supporting Canadian interests,” Trudeau claimed.
That's not what happened, and Canada lost the attempted negotiations.
Canada's voters are infuriated, and they're blasting the liberal leader of their nation as a response.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Mr Trudeau when will the retaliatory tariffs be lifted here in Canada you are bleeding small businesses of there cash! <a href="https://twitter.com/hashtag/USMC?src=hash&ref_src=twsrc%5Etfw">#USMC</a></p>— David Mayhew (@Dmtbwkingston) <a href="https://twitter.com/Dmtbwkingston/status/1046846218981191680?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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<blockquote class="twitter-tweet" data-conversation="none" data-lang="en"><p lang="en" dir="ltr">What about dairy farmers though??? <a href="https://t.co/Bj0MHFerIT">pic.twitter.com/Bj0MHFerIT</a></p>— erika (@heavenlybodies) <a href="https://twitter.com/heavenlybodies/status/1046840251652530176?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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<blockquote class="twitter-tweet" data-conversation="none" data-lang="en"><p lang="en" dir="ltr">Really, prove it <a href="https://twitter.com/hashtag/Trudeaugrope?src=hash&ref_src=twsrc%5Etfw">#Trudeaugrope</a> Give us numbers and details. Oh, I forgot, you are not into details. Where is that so important gender clause you mentioned? Save Canada, just resign please.</p>— Mr. Quiet Canadian (@canadian_quiet) <a href="https://twitter.com/canadian_quiet/status/1046867210042466305?ref_src=twsrc%5Etfw">October 1, 2018</a></blockquote>
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The dairy farm industry, the soybean industry, Canadian automobiles, and the manufacturers of numerous other products which were affected by US tariffs are all squeezed dry of resources, some businesses even have closed their doors.
As a result, Canadian leaders in Ottawa blame Trudeau for this suffering.
NDP Leader Jagmeet Singh said, “Canadian politicians need to stand together against Trump’s bullying tactics,” and that the “government must focus on how to protect workers who could lose their jobs because of the punitive tariffs between the North American allies.”
“There are some real dangers, and again, whenever trade wars happen, it’s workers that are impacted,” he said. “(Employment Insurance) is not going to be enough. We need to look at additional supports, and what those are, we need to reflect on.”
Such an ignorant desire to work against the US will crush Canada and put the citizens into a state of suffering close to the Great Depression.
That is why analysts predict that Trudeau, and those who tried to work against the US alongside him, will lose their powerful grip on the Canadian government.
The last-minute deal also gives Americans greater access to Canada’s dairy market, which not only releases a burden on the Canadian farmers but removes some pressure from GOP Representatives in dairy states.
This is an issue that's vital for U.S. dairy manufacturers, a senior administration official told reporters, arguing that all sides are pleased with the outcome.
“Today, Canada and the United States reached an agreement, alongside Mexico, on a new, modernized trade agreement for the 21st century: the United States-Mexico-Canada Agreement (USMCA)," U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland said in a joint statement. "USMCA will give our workers, farmers, ranchers, and businesses a high-standard trade agreement that will result in freer markets, fairer trade and robust economic growth in our region."
Canada agreement to join the United States and Mexico in a trade deal to fill the void by Trump's destruction the North American Free Trade Agreement just again proves that President Trump keeps his promises.
That Promise is to America, and America will be first always.
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It is nice to see Trump playing hardball instead of being a pushover like the previous presidents.
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