What Californians should watch for as NAFTA negotiations begin

 

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By Stephen Frank, Exclusive to the California Political News and Views

California has a lot riding of the re-negotiating of the NAFTA agreement.  There is no doubt the current agreement has killed American jobs harmed our exports and caused a larger trade deficit.  Hillary would be negotiating based on helping American companies to export jobs and revenues to other countries.  But she lost.  President Trump will negotiate based on what is good for American workers and how to create jobs in the United States.

“U.S. negotiators want new provisions added to NAFTA that would increase U.S. exports and lower the trade deficit. To do that, trade experts believe the U.S. will ask for new “rules of origin.”

Camuñez explained the term, using an example from the automotive industry:

Under NAFTA, a car that is manufactured in Mexico can be exported to the U.S. tax free if at least 62.5 percent of the value of that car (i.e, the value of all of its parts) originated in Canada, Mexico and/or the U.S.

The U.S. negotiators will likely try to convince Canada and Mexico to increase that percentage – the assumption being that it would stimulate more North American car part manufacturing (and part manufacturing for appliances and other products).

Please note that all of the CEO’s that quit Trumps Business Advisory Councils were major supporters of the current NAFTA—and that may have been the real reason they resigned.  They realized Trump was going to represent workers, not them—and they used as an excuse the lie that Trump did not come out against Nazi’s—a really stupid and silly belief of the media and other haters.

Related article: What Californians should watch for as NAFTA negotiations begin


Stephen Frank

Stephen Frank: Is the the publisher and editor of the California Political News and Views.  Mr. Frank speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows and is a full time political consultant. http://capoliticalnews.com/

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One Response to What Californians should watch for as NAFTA negotiations begin

  1. William Hicks August 20, 2017 at 12:01 pm

    That’s a very plausible reason for certain CEO’s leaving The business advisory council, but what good would that do them? What kind of input would they have by not being part of the conversation?

    Reply

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