Auto restrictions in Trump trade deal with Mexico, Canada used to pressure China
Tuesday, October 2, 2018 | Tag Cloud Tags: Canada, China, Mexico, Negotiations, News, Trade, Trump, United States, War, Washington, White House, Worthy News
(Worthy News) - President Trump’s ability to wangle a new deal from NAFTA partners Mexico and Canada will give the White House leverage to take a harder line in the escalating trade war with China, administration backers said Monday.
“Now the focus turns to China, where President Trump can resume his negotiations from a position of strength,” said Chris Garcia, a former Commerce Department deputy director.
He said Monday that the United States-Mexico-Canada Agreement is a blow to Beijing because it will create more hurdles for Chinese-made auto parts to enter the U.S. market and undercut Beijing’s divide-and-conquer strategy. [ Source: Washington Times (Read More...) ]
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China has been making patty-cakes with Mexico and Canada up till now in order to surround the U.S. with it's near trading partners. But President Trump is "smart"; he's quashing that too.