{"id":463,"date":"2021-11-22T05:54:34","date_gmt":"2021-11-22T05:54:34","guid":{"rendered":"https:\/\/wordpress-596623-2274183.cloudwaysapps.com\/?p=463"},"modified":"2021-11-22T05:54:34","modified_gmt":"2021-11-22T05:54:34","slug":"lighthizer-bungled-new-nafta-while-trump-damaged-us-canada-relations-former-us-ambassador","status":"publish","type":"post","link":"https:\/\/www.thinkfinanceinc.com\/lighthizer-bungled-new-nafta-while-trump-damaged-us-canada-relations-former-us-ambassador\/","title":{"rendered":"Lighthizer ‘bungled’ new NAFTA, while Trump damaged US-Canada relations: former US ambassador"},"content":{"rendered":"\n

While the trade spat between China and U.S. takes center stage the future of the United States-Mexico-Canada Agreement (USMCA) is in jeopardy.<\/p>\n\n\n\n

In an interview with Yahoo Finance\u2019s On The Move, former U.S. Ambassador to Canada Bruce Heyman blamed Robert Lighthizer, the United States Trade Representative.<\/p>\n\n\n\n

\u201cI think USTR actually bungled this,\u201d Heyman said, adding that if the Trump administration had managed their calendar properly the USMCA would have been passed in Congress by now. \u201cThe problem is that they kicked the can down the road. They were being hostile toward the Canadians and the Mexicans alike. And the deal got signed late,\u201d he said, noting that the deal should have been signed in early 2018, the latest. \u201cSo, now he has to face the Democratic Congress.\u201d<\/p>\n\n\n\n

Another challenge facing USMCA, Heyman pointed out, \u201cunder TPA [Trade Promotion Authority], this negotiating strategy which was given to the administration by Congress, it requires consultation \u2014 consultation with Democrats, consultation with unions, consultation with stakeholders. They didn’t do that either. So now they have an agreement that’s all signed off, and they’re trying to push it through and get it passed.\u201d<\/p>\n\n\n\n

The issue with facing a Democratic Congress is that the majority in the House of Representatives and Speaker Nancy Pelosi are against bringing the agreement for a vote until they\u2019re able to enforce the deal.<\/p>\n\n\n\n

Diplomacy is under threat<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

President Donald Trump touches the shoulder of Canada’s Prime Minister Justin Trudeau as they prepare to sign a new United States-Mexico-Canada Agreement that is replacing the NAFTA trade deal, during a ceremony at a hotel before the start of the G20 summit in Buenos Aires, Argentina, Friday, Nov. 30, 2018.The USMCA, as Trump refers to it, must still be approved by lawmakers in all three countries. (AP Photo\/Martin Mejia)   Heyman, the author of a new book called \u201cThe Art of Diplomacy\u201d is critical about how President Donald Trump manages relationships with other countries, \u201cI think the art of the deal, from Donald Trump’s perspective, is, I win, and if I win, somebody has to lose. So it’s a binary outcome,\u201d arguing that the strategy is one of the reasons the U.S. has failed to reach a resolution on trade with China.   Heyman said diplomacy is about \u201cfinding paths to reaching agreements with counter parties that you can both win,\u201d an approach that has been historically taken by the U.S. with its allies.   \u201cI think what has happened now is, he’s taken this alternative approach, which has now left him alone in his negotiations with China. And this could have been done differently,\u201d said Heyman, referring to Trump.   Regarding the relationship between Canada and the U.S., Heyman said nobody has done more damage to that relationship than Trump. According to Heyman, Canada was the U.S.\u2019s \u201cbest trading partner in the world.\u201d   \u201cWe had a trade surplus with them. Prior to the steel and aluminum tariffs, we had 15 consecutive years of a surplus with Canada \u2014 the United States. Guess what. The last 12 months, we now have a deficit in our steel trade with Canada,\u201d he said. \u201cSo something is wrong here.\u201d   Reference: https:\/\/finance.yahoo.com\/news\/lighthizer-bungled-new-nafta-while-trump-damaged-us-canada-relations-former-un-ambassador-205542094.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While the trade spat between China and U.S. takes center stage the future of the United States-Mexico-Canada Agreement (USMCA) is in jeopardy. In an interview with Yahoo Finance\u2019s On The Move, former U.S. Ambassador to Canada Bruce Heyman blamed Robert Lighthizer, the United States Trade Representative. \u201cI think USTR actually bungled this,\u201d Heyman said, adding… Continue reading Lighthizer ‘bungled’ new NAFTA, while Trump damaged US-Canada relations: former US ambassador<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/posts\/463"}],"collection":[{"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/comments?post=463"}],"version-history":[{"count":1,"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/posts\/463\/revisions"}],"predecessor-version":[{"id":476,"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/posts\/463\/revisions\/476"}],"wp:attachment":[{"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/media?parent=463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/categories?post=463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thinkfinanceinc.com\/wp-json\/wp\/v2\/tags?post=463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}