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Free trade, but by my rules

in Business, Management & Leadership
- free trade, but by my rules
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Donald Trump used Twitter to respond to Jay-Z regarding black unemployment.

After one year at the White House, Donald Trump answer Jay-Z: “Somebody please inform Jay-Z that because of my policies, Black Unemployment has just been reported to be at the LOWEST RATE EVER RECORDED!.

Trump denounces that the free movement of goods between the three countries (U.S., Mexico and Canada) affect the companies and employees of the United States, and this is why he threatens to get out of the NAFTA agreement.

The Canadian government just announced that it had appealed the US decision to impose anti-dumping and countervailing duties on Bombardier’s CSeries aircraft and lumber.

The procedure was presented to the Secretariat of the North America Free Trade Agreement (NAFTA), which tarnishes the bilateral relations a little more days before the new round of negotiations begins to rescue this agreement between Canada, US and Mexico.

The Canadian government explained that, according to the deadlines set by law, this measure responds to the necessary steps in the development of the appeal process to answer the decisions of the United States.

The US Department of Commerce imposed, at the request of the aeronautical constructor Boeing, 300% customs duties on imports of CSeries aircraft that Bombardier sold to Delta Airlines.

These taxes, according to Washington, penalize the public subsidies that Bombardier receives. The Trump administration also imposed tariffs on lumber by claiming that Canadian forest companies exploit public forests with very low royalties with respect to what Americans pay for private forests.

The appeal was made within the scope of the so-called chapter 19 of the commercial litigation regulation between the member states of NAFTA. Washington demands the elimination of this mechanism in the renegotiation of NAFTA, which entered into force in 1994.

https://twitter.com/realDonaldTrump/status/957603800579297280
Tags: but by my rulesDonald TrumpFree tradeNAFTATrump

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