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Nafta Renog...tariffs help whom?

Ward
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Joined: Jan 6 2006

Just a thought. Supposing NAFTA is scrapped by the US. Would not imposimg countervailing tariffs (or any tariffs of any sort for that matter) be such a terrible idea?


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voice of the damned
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Joined: Sep 23 2004

Ward wrote:

Just a thought. Supposing NAFTA is scrapped by the US. Would not imposimg countervailing tariffs (or any tariffs of any sort for that matter) be such a terrible idea?

My own guess is that if Trump looks like he's actually gonna scrap NAFTA, he'll be quickly reined in by the Republicans in Congress, most of whom depend on donations from people who are very much in favour of NAFTA. They'll probably still allow him to tweet a bunch of empty populist threats against a few multinational companies, just to keep his base under the illuison that he's really taking action.

That said, if NAFTA were to be scrapped, I would assume that a lot of people on the left would favour re-introducing at least some tariffs, since preserving tariffs was one of the main arguments against "liberalized" trade.

 


NDPP
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Joined: Dec 27 2008

PMO Held Talks With Trump Team to Avert Trade War

http://www.theglobeandmail.com/news/politics/pmo-held-talks-with-trump-t...

"...Mr Trueau's principal secretary Gerald Butts, chief of staff Katie Telford and Canada's ambassador to the US, David MacNaughton, have met several times in Washington, in what have been described as bridge-building talks with Jared Kushner, Mr Trump's son-in-law, and Stephen Bannon, chief strategist and senior counsellor to the incoming Republican president.

'This is big stuff we are trying to navigate here,' a senior Canadian government insider said."

 

A Trade Gamble Canada Can't Win

https://www.policyalternatives.ca/publications/monitor/trade-gamble-cana...

"Canada should be prepared to walk away from the NAFTA negotiating table, even if that means Trump makes good on his threat to pull out of the agreement."


iyraste1313
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Joined: Jan 18 2014

Would not imposimg countervailing tariffs (or any tariffs of any sort for that matter) be such a terrible idea?

....in a sane world where regional and national self reliant ecoomies to gurarantee social development with justice and respect for the ecosystem, tariffs are a must, which would in effect finance governments instead of income and service taxes...in other words the alternative to a neoliberal new world order...but of course sanity does not prevail in Canada thanks to the ever vigilant neoliberal media and its apologists


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