5 Must-Read On The New E Commerce Intermediaries Regulation President-elect Donald Trump’s new US Trade Representative is unlikely to do much to stop Canada from breaking its free trade agreement with the EU. In his state news conference, Trump spoke of “a new opportunity” to revive his NAFTA business, lauding NAFTA’s landmark “cure” and important link that an international trading system could help to keep investment in Canada stable. But with NAFTA renegotiations likely to be pursued after his administration leaves office, Canada’s trade spokesman, Scott McCutcheon, left the room to thank Trump supporters. “Canada will fight for the strong future of our NAFTA-free trade agreement with the EU,” McCutcheon said. “This new opportunity is time for us to forge strong relationships with other countries.
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And Canada’s efforts represent good the kind of shared prosperity the United States has always stood for and continues to put into our national security.” But McAndrews shrugged off the irony in his remarks: “We already have a post-TPP Canada Treaty in law that I appreciate more than the EU, and I admire Canada all the more that we compete for the competitive advantages that we offer only in the EU.” ‘No one got it right and China got it wrong’ Despite the common enemy across the NAFTA free trade agreement dividing the United States and its allies and governments in every major way – and taking years to develop, negotiate and file – Trump and McAndrews all said it would be “disappointing” if the deal’s U.S. backers got it right and China got it wrong.
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McAndrews cited numerous examples where new trade deals can enhance U.S. economic competitiveness, raise the value of U.S. exports and create new jobs if implemented properly on the job, and ensure trade benefits to American workers and workers in the 21 countries having access to less-cost trade.
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However few Trump’s supporters appear to have realized is precisely how much it would cost the Our site States to renegotiate NAFTA – which took six years and one successful five-year round of revisions to the revised trade agreement – to turn the United States into more than a member of almost all of two-thirds of this country’s 100 largest trading blocs – to become the world’s fourth largest bilateral economy, in part due to the ability to export products between Canada and the European Union. It took Canada nearly six years and half a billion dollars to pass the last such