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USMCA went into effect today

Posted: Wed Jul 01, 2020 5:40 pm
by Red Oak
In case you missed this bit of real news amid all of the false hysteria over COVID-19 and the fake story on the “Russia briefing” being spread by our corrupt news media, the U.S./Mexico/Canada Agreement (USMCA) took effect today. It’s a really big deal, for one reason no one likes to talk about.

From today forward, Canada and Mexico will no longer be able to ship goods made in China but assembled in their countries into the U.S. free of tariffs, a practice both countries had engaged in to the huge disadvantage of the U.S. for the previous 25 years under NAFTA. As of this moment, the only goods that qualify as “North American” under this trade agreement are those that are completely manufactured within the three countries that are party to the deal.

https://dbdailyupdate.com/index.php/202 ... es-effect/

Re: USMCA went into effect today

Posted: Wed Jul 01, 2020 6:51 pm
by planosteve
Oops! This page can't be found.

But, why do you claim it is a "huge disadvantage" when it will mean either higher prices or lower quality items or both?

Re: USMCA went into effect today

Posted: Wed Jul 01, 2020 8:03 pm
by John in Plano
Perot was correct about NAFTA.

Re: USMCA went into effect today

Posted: Wed Jul 01, 2020 8:43 pm
by Sangersteve

Re: USMCA went into effect today

Posted: Wed Jul 01, 2020 9:10 pm
by Zephyr
And, it's about damned time!