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WASHINGTON (Reuters) - The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact.
NEW AUTO RULES
The Mexico-U.S. discussions focused on crafting new rules for the automotive industry, which Trump has put at the heart of his drive to rework a pact he has repeatedly described as a “disaster” for American workers.
The Trump administration said the deal improves labor provisions, in part by requiring 40 percent to 45 percent of auto content to be made by workers earning at least $16 per hour.
originally posted by: Trueman
a reply to: 727Sky
Some other news of the agreement is the workers in foreign countries will be required to make at least 16$ if I read the article correctly..
Hmmm, not sure if that's what it means. Making $16 per hour in Mexico would be awesome.
originally posted by: carewemust
originally posted by: Trueman
a reply to: 727Sky
Some other news of the agreement is the workers in foreign countries will be required to make at least 16$ if I read the article correctly..
Hmmm, not sure if that's what it means. Making $16 per hour in Mexico would be awesome.
That is correct. The Mexican president loved this. Ford (for example) will have to pay employees in Mexico at least $16.00 @ hour.
originally posted by: bigfatfurrytexan
a reply to: strongfp
Negotiation is give and take.
It seems that Canada is relying on Trump hate to get them through.
originally posted by: bigfatfurrytexan
a reply to: strongfp
I dont know how canada negotiates a trade deal. But its in your best interest to figure it out
Trudeau seems more interested in pandering to anti trump sentiment.
originally posted by: carewemust
originally posted by: Trueman
a reply to: 727Sky
Some other news of the agreement is the workers in foreign countries will be required to make at least 16$ if I read the article correctly..
Hmmm, not sure if that's what it means. Making $16 per hour in Mexico would be awesome.
That is correct. The Mexican president loved this. Ford (for example) will have to pay employees in Mexico at least $16.00 @ hour.
originally posted by: strongfp
originally posted by: bigfatfurrytexan
a reply to: strongfp
I dont know how canada negotiates a trade deal. But its in your best interest to figure it out
Trudeau seems more interested in pandering to anti trump sentiment.
Maybe it's because he told him to his face that Canadian citizens will suffer? When you speak like that, how else are Canadians supposed to react?
"OH SORRY MR TRUMP, YESSIR. We'll just allow your hormone filled overly pasteurized milk to spill over into our grocery stores, here take as much lumber as you want!"
That is correct. The Mexican president loved this. Ford (for example) will have to pay employees in Mexico at least $16.00 @ hour.
www.reuters.com...
American automakers pay Mexican workers $8 to $10 per hour, including benefits. Even among the Detroit Three, there is a gap, according to the CAR: GM’s labor costs average $58 per hour, while Ford is at $57 per hour and FCA workers average $48. That difference is partly because FCA has more workers earning the lower, entry-level wage.
originally posted by: strongfp
a reply to: bigfatfurrytexan
Trump started a trade war on something that wasnt an issue before. Maybe stop being greedy and meddling in everyone's business. Trueduea responded, it wasn't a reaction. And look at trump now, threatening tens of thousands of canadians because of greed.