Obama breaks free trade agreement a second time, Canada thoroughly pissed!

[demonfox13]

Joelcool7 said:

oldschoolfool said:
well,the purpose of these products being made in the U.S. is so that more money can go into the american economy.America is in an economic crisis and I honestly don't think Canada is all that big of a concern. I mean I think I can live without canadian bacon and maple syrup. lol

Umm The United States exports more then 248.8 billion dollars to Canada each year. By far the biggest market for American goods infact no other country comes even close with Mexico being the second biggest buyer of American goods at 163.3 billion dollars. Without Canada the US economy would loose a huge amount of their gross domestic product. China on the other hand only buys 91.9 billion dollars worth of products from the US almost 1/3rd of what Canada spends on American products. Infact Canada imports more products from the United States then the entire European Union combined!

As for imports there you are right American's buy more Chinese products then Canadian. However Canadian products bought by Americans account for 276.5 billion dollars a year. The majority of what Canada exports to the United States is raw materials like lumber,steel, oil etc...etc... While the majority of what the US imports from China are manufactured goods.

In total cross border trade between Canada and the US is around 525.3 billion dollars a year, almost 100 billion dollars more then the US trade with China.

I know your Canadian bacon and Maple Syrup thing was a joke, at least I sure hope it was.

Long story short the United States sells more to Canada then it buys. So if free trade were to go out the window and Canada put tariffs on everything coming into Canada. The US would loose billions and billions of dollars in trade, millions of American's would be out of work and the American economy would be in even more danger.

If Obama is worried about jobs then he needs to worry about trade. Because its Canada that keeps these people employed and Canadian trade that accounts for such a huge hunk of the US's trade income. Heck the Presidents entire Job plan only costs slightly more then what the US would loose if NAFTA were to be abolished.

*** Also yes a huge hunk of America's electriciity comes from Canada, if free trade were abolished then a huge hunk of the US would go dark***

"Canada is the major supplier of electricity to New England, New York, the Upper Midwest, the Pacific Northwest and California" - Government of Canada

You do realize that all these resources we already have and are perfectly self sufficient. The reason we import oil, and use electicity through Canada is to conserve our own for when it's really needed. As I stated, even with the oil situation, we could really go centuries without relying on other countries' oil. The US used to export many products and US made products were considered top quality. Due to corporate greed with the whole outsourcing, plenty of jobs were lost here, and many of the products we export to your beloved Canada are merely assembled here our brought over from China and other nations. We can live perfectly fine without Canada to be quite honest with you, and no offense to you, but I couldn't care less about Canada and their crying about the free trade agreement. In fact that is the absolute worst decision the Bush administration could have made. You should try checking out interviews with the late Aaron Russos, and even check his documentary "America: Freedom to Facism" to have an idea on many of these factors that have screwed us while benefitting you guys (and the greedy) more than us.