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jerryking : free_trade   3

The harsh reality: Canada’s in a near-impossible situation on NAFTA, experts say - The Globe and Mail
BARRIE MCKENNA
PUBLISHED AUGUST 31, 2018
UPDATED 9 HOURS AG

Canadian negotiators faced a grim ultimatum this week – cave to a series of hardline U.S. demands or get hit with steep tariffs on autos that could plunge much of the country into recession....“They don’t believe you can do an agreement where both sides win,” says John Manley, a former trade and finance minister who now heads the Business Council of Canada, which speaks for 150 of the country’s largest companies. “Everything is ‘what I get, you lose.’ That’s a pretty tough starting place.” ...In the end, Mr. Trump’s erratic nature, not Canadian missteps, may be the x-factor that has made a deal so hard to reach......even in the toughest days of negotiating... the original Canada-U.S. FTA ...and.. NAFTA t....Mr. Mulroney knew he could trust presidents Ronald Reagan and George H. W. Bush. “You’re not dealing with a rational character at the other end,” Mr. Burney says of Mr. Trump. “The difference you had in my day is that at least the relationship at the top between the leaders was positive.” ......The U.S. President insisted in leaked off-the-record comments Thursday that he’ll only do a deal with Canada that is “totally on our terms.”..That hard line makes reaching a deal all the more difficult.​
crossborder  negotiations  Donald_Trump  NAFTA  free_trade  international_trade  protectionism  concessions 
september 2018 by jerryking
Globalization, Alive and Well - New York Times
By THOMAS L. FRIEDMAN
September 22, 2002
the most important reason why globalization is alive and well post-9/11 is that while pampered college students and academics in the West continue to debate about whether countries should globalize, the two biggest countries in the world, India and China -- who represent one-third of humanity -- have long moved beyond that question. They have decided that opening their economies to trade in goods and services is the best way to lift their people out of abject poverty and are now focused simply on how to globalize in the most stable manner. Some prefer to go faster, and some prefer to phase out currency controls and subsidies gradually, but the debate about the direction they need to go is over.
globalization  China  India  flat_world  Infosys  Tom_Friedman  free_trade  poverty 
january 2012 by jerryking

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