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"Who Would Ever Sign A Thing Like This?" By Ponderer March 7, 2025 6:30 am Category: International (0.0 from 0 votes) Rules of the Post Write A New Article How To Post Here

Trump wants to renegotiate his own trade deal with Mexico and Canada

Washington
CNN
—
Former President Donald Trump is once again pledging to save American manufacturing and bring back jobs by rewriting a trade agreement with Mexico and Canada.

But this time, instead of replacing the North American Free Trade Agreement, known as NAFTA, which he has often described as the “worst trade deal ever made,” he wants to renegotiate his own trade deal.

Trump signed onto the US-Mexico-Canada Agreement, or USMCA, in 2018. It took effect in January 2020 and replaced NAFTA.

In 2018, Trump said the USMCA would be “the most modern, up-to-date, and balanced trade agreement in the history of our country, with the most advanced protections for workers ever developed.”

But now, he thinks it can be improved.

“Upon taking office, I will formally notify Mexico and Canada of my intention to invoke the six-year renegotiation provision of the USMCA that I put in,” Trump said last week during a speech at the Detroit Economic Club.

The USMCA includes a clause that requires a review by the three signatory countries at the six-year anniversary.



Donald Trump Accidentally Insults Himself: ‘Who Would Ever Sign A Thing Like This?’

The president recently rebuked a 2020 trade deal known as the U.S.-Mexico-Canada Agreement even though he signed it.

[...]

“I mean, who can blame them if they made these great deals with the United States, took advantage of the United States on manufacturing?” Trump said Monday. “On just about anything, every aspect you can imagine, they took advantage.”

He continued, “I look at some of these agreements, I’d read them at night, and I’d say, ‘Who would ever sign a thing like this?’ So the tariffs will go forward, yes, and we’re gonna make up a lot of territory. All we want is reciprocal. We want reciprocity.”

Trump praised the USMCA in 2020 as the “best agreement we’ve ever made” and lauded it for replacing the “nightmare” North American Free Trade Agreement ratified under former President Bill Clinton, calling it the “worst trade deal ever made.”



The man is a flailing, deranged lunatic. And he still doesn't know how tariffs work.

Cited and related links:

1. cnn.com
2. huffpost.com

Comments Start Below

by HatetheSwamp on March 7, 2025 6:53 am So, po, CNN and HuffPo. A little from the metaphorical Rachel and a little from Curt's Holy Trinity. Nice. Objective and fair, eh? Ole pb ain't a fan of tariffs, but Trump might be right that tariffs will bolster manufacturing and bring jobs back. You have to grant that? Right? by meagain on March 7, 2025 7:02 am "Ole pb ain't a fan of tariffs, but Trump might be right that tariffs will bolster manufacturing and bring jobs back." No! It is not right. Other countries will retaliate and as, after the Smoot/Hawley fiasco, there will be a recession, and very country will lose manufacturing and jobs: millions of jobs down the drain. Massive personal bankruptcies in the US, mostly since half the population even now is only a few hundred dollars away from insolvency And there are inadequate social programmes to help them. by Ponderer on March 7, 2025 7:41 am "but Trump might be right that tariffs will bolster manufacturing and bring jobs back. You have to grant that? Right?" -hate No I do not. "Just make everything here!", Trump blithely suggests. A suggestion that he can make so easily because he is a blithering moron. So... Okay... So let's just start building thousands of factories and digging mines and hiring $4-a-day workers by the millions here in this country to make all the stuff we will need once these tariffs really hit home! Right? by HatetheSwamp on March 7, 2025 8:04 am Wow. You're the one who favors undocumented workers ripe to be oppressed. That's precisely what MAGA is against. by oldedude on March 7, 2025 8:26 am So... Okay... So let's just start building thousands of factories and digging mines and hiring $4-a-day workers by the millions here in this country to make all the stuff we will need once these tariffs really hit home! Right? You don't read much, or comprehend very well, do you? ALL manufacturing (and mining) jobs in the US are Union jobs (or an equivalency in pay and benefits). Workers are guaranteed a level of pay agreed upon by the Unions and are pretty standard throughout the US. In addition, they have some of the best medical and vacation packages in the US. Great overtime benefits, and a whole bunch of stuff you've never thought of. We have lots of retired union workers down here. Mostly from the Northeast/ upper midwest area. These folks (UAW, police, fire) make as much as I did active duty in their retirement, and medical benefits are great. This also goes for the riggers and oil folks in construction, and the oil fields pedojoe fired when he cut the oil fields. by meagain on March 7, 2025 8:37 am "ALL manufacturing (and mining) jobs in the US are Union jobs (or an equivalency in pay and benefits). Workers are guaranteed a level of pay agreed upon by the Unions and are pretty standard throughout the US." That is so far from the truth that it is almost funny. The Union rate in the USA is 11% and that largest sector, a plurality of the total is public employees. As for equality in pay for non-union workers, have you not heard of "right to work laws" where unions were castrated so that wages would be kept low? by oldedude on March 7, 2025 8:47 am Again, you deflected. The federal employees are unionized, as well as most of the states. by Ponderer on March 7, 2025 3:56 pm Again, olde dude, you deflected. Suppose we just miraculously and suddenly build the tens of thousands of factories we will need in this country to replace everything that we get from these other countries as quickly as is humanly possible. And we fill them with millions of these union workers you bring up. Unions that are so great for protecting the pay and benefits of American workers. I am 100% pro-union myself, btw. But the factories in China that make "mega-widgets", let's say, and export them to the U.S., utilizing a $4.00 per day workforce, let's say, to make them with sells them here with a final retail price of $29.95, let's just say. Would you care to take a guess at how much a U.S. union workforce factory's retail price for the mega-widgets it produces here in the U.S. would likely have to retail for? At $29.95 mega-widgets were practically disposable. No one's gonna pay over a hundred or two hundred bucks for a mega-widget! Wouldn't wages simply have to come down some way to even make the stuff cheap enough to where people will still buy it? Maybe not to $4.00 a day, but still... This is what I was getting at. by oldedude on March 7, 2025 5:49 pm I read it again and still don't get it. Moving on. First, there don't have to be "thousands" of factories. There will still be trade. No one in their right mind would want to dissolve trade. What we would build is better quality automobiles with US steel, aluminum, etc. Computer chips, self-sufficient in oil. Furniture is something they've also been talking about. It was huge in parts of the US. Again then we started buying the crap that falls apart when you have to build it. Are we going to get rid of the chinese $29.95 mega-widgets that are thrown away? Maybe if we have a $49 or $50 mega-widget that is actually not something you're willing to just dispose of. That has quality and lasts more than a week. I by T-shirts that are a buck or two more because the shirt (per se) is US made. Why? because the chinese crap only stays together for a couple of months. And their rayon shirts are actually one-wash shirts, then they literally fall apart and fade. Another thing we need to catch up with is polypropylene garments. You know them as those fuzzy things that most kids and adults will wear. Our grocery bags are used for those garments. We don't have anyone in the US that can change those over. I would be happy to buy a US made thing to keep a person in a job. ALSO, our recycling in the US SUCKS. simply put. When I was in Germany in the 1970's, everyone recycled wine bottles. Yes, the distributors picked them up, they were cleaned and sold back to the wineries at a lower cost. Where I'm at, there is no glass recycle, only plastic 1 & 2, and "some" paper. WTF? 40 years and we can't catch up? I've asked wineries about the concept, but it's the government oversight and rules that make using old bottles more expensive than the used. Steel and Al are also reusable items, and yet there are very few recycle areas for them. (Meaning they refurbish the metal into raw blocks, sheeting, or wire to send to manufacturing plants to make stuff). Also, I'm not carping at you by any means. These are just things I've seen in my life that are doable. And they can get people hired with full-time jobs and medical care. It pisses me off that the government is pushing us NOT to do these things. As these people get hired, there is more spendable money, or cash on hand. Hopefully, we can get people to pay down personal debt, which would make us stronger. Also, we have fewer people on social services (medicaid, CHIP, etc). We'll still have Medicare and Social Security. That's not going anywhere for my lifetime at least. And we'll have money to pay for it. by meagain on March 8, 2025 10:07 am Are you in pain, OD. Is that what makes you so lacking in comprehension. I said federal employees and state employees are unionised. That means unionism in the private sector is too weak to have any effect other than in a few industries. Here it is for you. Possibly more than one sentence was too much for you, so reduced to the specifics: "The Union rate in the USA is 11% and that largest sector, a plurality of the total is public employees. " Go To Top

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