Yeah, let's kill NAFTA.
 

As we head towards killing NAFTA there are probably some facts that should be considered such as the 2 and a half million U.S. jobs involved in Importing and Exporting with our Neighbors to the North and South.

----------------------------------------------------------------------------------

Canada:

Canada was the United States' largest goods export market in 2015.

U.S. exports to Canada are up 179% from 1993 (pre-NAFTA)

Canada was the United States' 2nd largest supplier of goods imports in 2015.

U.S. imports from Canada are up 165% from 1993 (pre-NAFTA).

According to the Department of Commerce, U.S. exports of goods and services to Canada supported an estimated 1.7 million jobs in 2014 (latest data available) (1.3 million supported by goods exports and 394 thousand supported by services exports).

----------------------------------------------------------------------------------

Mexico:

Mexico was the United States' 2nd largest goods export market in 2015.

U.S. exports to Mexico are up 468% from 1993 (pre-NAFTA).

Mexico was the United States' 3rd largest supplier of goods imports in 2015.

U.S. imports from Mexico are up 638% from 1993 (pre-NAFTA)

According to the Department of Commerce, U.S. exports of goods and services to Mexico supported an estimated 1.1 million jobs in 2014 (latest data available) (953 thousand supported by goods exports and 193 thousand supported by services exports).

----------------------------------------------------------------------------------

https://ustr.gov/countries-regions/americas/canada

https://ustr.gov/countries-regions/americas/mexico

.

It's HORRIBLE for the people of the United States

USA first! Get rid of NAFTA

and get ready to pay a lot more for products.

It will be interesting see the real world results and how it all pans out.

We know how it will pan out

America first, it will be great

I have a Dodge 250 V10 club cab pick up made in Mexico -- it has been a good truck. I buy produce grown in Mexico all of the time. Now they want to place a 20% import tariff on these goods. They will cost me more to pay for a fucking stupid wall -- Thanks Trump.

America first :thumbsup

They were just saying on the news that 30% of U.S. auto part exports goto Mexico. I thought that was intersting. I think this is a lot more complicated than Trump understands, like the 3-5.5 million ghost voters that made him lose the popular vote :1orglaugh.

U.S. goods and services trade with Canada totaled an estimated $662.7 billion in 2015.

Exports were $337.3 billion.

imports were $325.4 billion.

The U.S. goods and services trade surplus with Canada was $11.9 billion in 2015.


U.S. goods and services trade with Mexico totaled an estimated $583.6 billion in 2015.

Exports were $267.2 billion.

imports were $316.4 billion.

The U.S. goods and services trade deficit with Mexico was -$49.2 billion in 2015.

.

Mexico:

The top export categories in 2015 were:
machinery ($42 billion),
electrical machinery ($41 billion),
vehicles ($22 billion),
mineral fuels ($19 billion),
plastics ($17 billion).

U.S. exports of agricultural products to Mexico totaled $18 billion in 2015, our 3th largest agricultural export market. Leading categories include:
corn ($2.3 billion),
soybeans ($1.4 billion),
dairy products ($1.3 billion),
pork & pork products ($1.3 billion),
beef & beef products ($1.1 billion).

U.S. exports of services to Mexico were an estimated $30.8 billion in 2015, 2.7% ($807 million) more than 2014, and 36.7% greater than 2005 levels. It was up roughly 196% from 1993 (pre-NAFTA).

Based on 2014, leading services exports from the U.S. to Mexico were in the travel, transportation, and intellectual property (computer software) sectors.

.

Mexico:

The top import categories in 2015 were:
vehicles ($74 billion),
electrical machinery ($63 billion),
machinery ($49 billion),
mineral fuels ($14 billion),
optical and medical instruments ($12 billion).

U.S. imports of agricultural products from Mexico totaled $21 billion in 2015, our 2nd largest supplier of agricultural imports.
Leading categories include:
fresh vegetables ($4.8 billion),
other fresh fruit ($4.3 billion),
wine and beer ($2.7 billion),
snack foods ($1.7 billion),
processed fruit & vegetables ($1.4 billion).

U.S. imports of services from Mexico were an estimated $21.6 billion in 2015, 11.0% ($2.1 billion) more than 2014, and 50.0% greater than 2005 levels. It was up roughly 191% from 1993 (pre-NAFTA). Based on 2014, leading services imports from Mexico to the U.S. were in the travel, transportation, and technical and other services sectors.

.

one detail is that when dealing with a trading partner that is 10x smaller than you, is that you have so much leverage that you can come up with any terms and the other party has really no choice but to accept them...

Mexico exports:
http://www.incontext.indiana.edu/201...fig2Mexico.gif

30-40% tariff or whatever he is proposing is probably a bit ridiculous though, it would shake up global economy a bit and results would be quite unpredictable... but little harm in using that as a threat to gain a leverage in some deal...

Which makes Trumps actions disrespecting him & his people even worse. We can financially put them in a depression, we hold all the cards.

No need for Trump to bash Mexico or their president he's acting like a manbaby bully and drags down international perception of our standing, which is like currency in future negotiations with other countries.

How's he bashing mexico? The place IS a shithole

Trump just killed the Asian trade deal. This sounds great, but... Now China will push it's version and we'll be left out. This is a huge part of ALL trade, and we just lost all of our leverage.

Increasing taxes on imported motorcycles sure helped American motorcycles