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Old 12-29-2018, 01:33 PM
Chicks Chicks is offline
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Join Date: Mar 2017
Posts: 13,365
Trump pulled out of a massive trade deal. Now 11 countries are going ahead without the US

The Art of the Fail. F'ing moron. When will real businessmen finally stand up to this 6-bankrupties idiot?

https://amp.cnn.com/cnn/2018/12/29/p...ump/index.html

A major 11-country agreement goes into effect Sunday, reshaping trade rules among economic powerhouses like Japan, Canada, Mexico and Australia — but the United States won't be a part of it.

That means that Welch's grape juice, Tyson's pork and California almonds will remain subject to tariffs in Japan, for example, while competitors' products from countries participating in the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership will eventually be duty-free.

Japan will offer similar tariff relief to the European Union, in a separate trade deal set to go into effect on February 1.

"Our competitors in Australia and Canada will now benefit from those provisions, as US farmers watch helplessly," said US Wheat Associates President Vince Peterson at a hearing on the potential negotiations with Japan.
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