mn | redoak - 1/22/2017 20:02
If Trump imposes a 35% tariff tax on Canadian vehicles beeing sold into US will Canadain gov't retaliate and impose same duty on Combines,tractors and pretty much all farm equipment mfg. in US ? Mechanization has taken mfg. jobs ,not Nafta......other than increased costs for all consumers and trade wars I don't think it will change things....Britain,Germany and other nations through History were the "leaders/powerhouses',last 100 yrs. its been North America ,looks like we are past our prime and it will be an Asian country next
I will have to disagree. Entire factories aren't closing down, moving to other countries, and opening back up because of mechanization. Even with a very automated factory there is hundreds if not thousands of jobs.
The problem with Nafta is that the U.S is the only one that follows the rules. If we try to send goods, other than commodities, to other countries they tariff the living hell out of it. But coming this was is basically free.
Just like when we allow packing plants to import cheap beef, process it here, and label it as US beef.
Edited by jtpfarm 1/23/2017 08:47
|
Trump to renegotiate NAFTA..........
