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  • #46
    Originally posted by Sparlingo View Post
    While both Trump and Hillary continue to bash NAFTA, the US Chamber of Commerce released these facts:

    -Since NAFTA entered into force in 1994, trade with Canada and Mexico has risen nearly fourfold to $1.3 trillion in 2014, and the two countries buy more than one-third of all U.S. merchandise exports.

    -The trade boom continues. U.S. merchandise exports to Canada and Mexico rose by 66% over just the 2009-2014 period, reaching $552 billion in 2014. In fact, our North American neighbors provided 39% of all growth in U.S. merchandise exports in the same period.

    -Canada (population 36 million) again edged the EU (population 500 million) as the top market for U.S. goods exports in 2014. U.S. merchandise exports to Mexico (population 128 million) were nearly double those to China (population 1.4 billion), which is the third largest national market for U.S. exports.

    -While the trade balance is a poor measure of the success of any given set of trade policies, trade skeptics wrongly claim NAFTA has led to big deficits. In fact, the United States in 2014 had a trade surplus in manufactured goods ($21.6 billion) with its NAFTA partners. The U.S. cumulative trade surplus in manufactured goods over 2009-2014 topped $89 billion. In 2014, the U.S. services trade surplus with Canada and Mexico reached $41.8 billion. The U.S. remains a significant net importer of petroleum from its North American neighbors.

    above-the-fold/the-nafta-the-candidates-haven-t-met
    Given that Obama has done everything in his power to prevent oil from being obtained from Canada, and continues to do so even now, that last claim cannot be accepted as truthful, which means that the rest of the report also lacks credibility.
    Quis Custodiet Ipsos Custodes? Who is watching the watchers?

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    • #47
      Originally posted by Mountain Man View Post
      Given that Obama has done everything in his power to prevent oil from being obtained from Canada, and continues to do so even now, that last claim cannot be accepted as truthful, which means that the rest of the report also lacks credibility.
      Ahh, you got me, I have been found out, finally. I confirm that there is no longer any oil, or any type of energy whatsoever, exported from Canada to the United States anymore. Screw NAFTA, keep the oil and jobs in Canada.

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