politics

Trump signs new NAFTA deal that could affect Japanese automakers

9 Comments

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This is a true president of a century who love the nation. Who does not betray the nation for money. We will see a Trump's second with lots of prosperity and safety for the world.

-6 ( +9 / -15 )

The old NAFTA and the new deal (called CUSMA in Canada, USMCA in America) are far more alike than they are different, and the impact of the renegotiated agreement will not be that big. Last April, the US International Trade Commission found this version of the USMCA would create 176,000 jobs after six years and increase the GDP by 0.35% For comparison's sake the US added 266,000 new jobs last November alone. Trump's play is always the same; dissolve something that is working, call it the "worst deal in history" and then come to the rescue with something "better". His trail of destruction has left North Korea designing and testing weapons at it's fastest rate ever. Iran is now racing toward a nuclear bomb virtually unchecked. Putin is rubbing his hands at the chaos Trump has created with NATO. And on and on it goes. Trump is an idiot. He was a disaster as a businessman and far worse as a so called leader.

9 ( +12 / -3 )

Japanese auto makers , this is the first sign of danger to yr business.

1 ( +5 / -4 )

Japanese auto makers , this is the first sign of danger to yr business.

not really , Japan can still export cars made in Japan to the US under the US/Japan FTA except they have to pay 2.5% import duty, Id also guess that Japanese factories are cheaper to manufacture cars than in the US so Japanese factories will still have an advantage for exporting its vehicles compared to those produced in the US, Japan also has an FTA with the EU and when Brexit finally hit home Im guessing many of those vehicle produced in the UK will now be produced in Japan

3 ( +5 / -2 )

US/Japan FTA

Is no auto tariffs written in stone?

1 ( +1 / -0 )

President Trump ( Donnie, Tony etc) signed a new deal. Lets see what kind of accusation would come from Trump haters? And how would they connect it to create another possible evidence to impeach him.

-5 ( +2 / -7 )

Love it, Trump done good, helping to eradicate slave labor.

Hope Nissan goes down the toilet first

-7 ( +0 / -7 )

This is a true president of a century who love the nation. Who does not betray the nation for money. We will see a Trump's second with lots of prosperity and safety for the world.

I wholeheartedly agree with that.

-3 ( +1 / -4 )

Trump mentioned in his awesome State of the Union address that one of the first things he did was get rid of the original, terrible NAFTA.

0 ( +0 / -0 )

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