Kanada muss sich bei den CUSMA-Handelsgesprächen auf das Schlimmste vorbereiten, warnt der ehemalige NAFTA-Unterhändler
https://financialpost.com/news/economy/canada-must-prepare-for-the-worst-in-cusma-trade-talks-warns-former-nafta-negotiator
Kanada muss sich bei den CUSMA-Handelsgesprächen auf das Schlimmste vorbereiten, warnt der ehemalige NAFTA-Unterhändler
https://financialpost.com/news/economy/canada-must-prepare-for-the-worst-in-cusma-trade-talks-warns-former-nafta-negotiator
5 Kommentare
Stellantis is proof this is broken.
We cannot negotiate with the US right now , they are a bad faith negotiator. Trump broke his own trade agreement and has demonstrated globally he’s willing to break all trade agreements. Why would we bother negotiating anything with them right now.
It’s futile.
We need to resolve this directly with the corporations that are abandoning us, we need to demand the people’s money back from corporations that are withdrawing after receiving subsidy.
We need to directly invest in the domestic industries that are best suited for global competitive trade – primarily energy, agriculture, and mining. Where Canada can through sheer volume of market value compete on a global scale.
We aren’t going to be a manufacturing center without American support and enormous money, so why fight this battle of futility.
Lets leverage what we have.
We increase the prices of those minerals that America needs and we sell them at a value representitive of the actual cost to the Canadian Marketplace.
Global free trade has been effectively killed for the next 5 to 8 years, so let’s withdraw resources trying to resuscitate.
The status quo is the worst that could come from CUSMA trade talks.
We have a trade deal that isn’t honoured by one participant. This creates so much uncertainty for investments and growth. Ripping up CUSMA would be bad, but a better outcome than what we have now. Integration into USA would be bad, but better than the outcome we have now.
The best outcome is that America honours their obligations. But that isn’t likely.
The worst case scenario is the Americans give 6 months notice of leaving CUSMA and slap down a take it or leave it bad bilateral deal.
Since they have already signalled they want bilateral deals with Canada and Mexico, it doesn’t seem farfetched.
The best thing we can do is vote with our wallets. Don’t buy USA garbage or dont buy from any company that leaves Canada for the US even if it’s not a US company.
I personally fully expect the USA to slap down an utterly shit deal, then tell us that we either accept everything or they pull out of CUSMA entirely.