LouderVol
Extra and Terrestrial
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- May 19, 2014
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blah blah blah blah
Relative to the existing NAFTA, there are also pros and cons to the USMCA. Though there is greater liberalization in goods trade, it is marginally to imperceptibly so. Taking into consideration the negative changes, especially to the rules of origin, it’s not obvious that USMCA is liberalizes much from NAFTA. But it’s possible—even probable—that some of the less directly liberalizing, technical and procedural provisions, such as those governing “Digital Trade,” “Customs and Trade Facilitation,” “State-Owned Enterprises,” and others, utilized in ways not completely apparent now, could lead to lower trade costs.
the biggest negative was the auto market thing, which Trump had determined was a problem. whether or not it actually was is immaterial to the fact that it was something Trump keyed on. Under NAFTA the loop holes on the autoindustry allowed non-NAFTA to enjoy more benefits than they should have. USMCA seems to fix that loophole. This may be a case of the medicine being worse than the disease, but it does address a concern of our side that was a problem under NAFTA.
also the comparisons done to the ideal. paper even makes the point that some aren't fair points to make in the real political world.