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Milwaukiedave
Joined: 02 Oct 2004
Location: Goseong
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 Posted: Mon Apr 02, 2007 2:51 am Post subject: |
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| I was encouraged to hear a deal had finally been agreed upon. I haven't heard what the agreement was yet, but I'm curious to hear what happened with rice, beef and import taxes on cars. Does anyone know yet? |
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that guy
Joined: 29 Feb 2004
Location: long gone
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cbclark4
Joined: 20 Aug 2006
Location: Masan
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Travelous Maximus
Joined: 15 Jan 2007
Location: Nueva Anglia
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| Posted: Mon Apr 02, 2007 3:09 am Post subject: |
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| jinju wrote: |
Poland wasn't a country until Wilson made it one in 1919. Hitler decided to recitfy that and, Poland being weak, took it.
Maybe I just don't like Poland. Never did anything good, so why shouldn't they be a part of greater Germany - Octavius Hite |
WTF? |
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jdog2050
Joined: 17 Dec 2006
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| Posted: Mon Apr 02, 2007 4:08 am Post subject: |
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| DCJames wrote: |
| RACETRAITOR wrote: |
| Positive Realist wrote: |
| mindmetoo wrote: |
| RACETRAITOR wrote: |
| I just hope Korea doesn't get screwed like Canada and Mexico have. |
Were we? When America went into recession in 2000, the Canadian economy kept growing. We've had budget surpluses for a decade now. Canada enjoys a huge trade surplus with the USA. Professionals can work more easily in the USA with the TN visa. How were we screwed? |
Potatoes and lumber my friend, potatoes and lumber. |
The US illegally put up a tariff on softwood lumber, which ripped our economy off about 6 billion dollars. NAFTA ruled in favour of free trade and told the US to pay Canada back, but it isn't going to happen. The US is just a bad, untrustworthy trading partner. They pretty well said "We're going to put up a tariff because if we don't, our lumber industry will suffer." So it's basically only one-way free trade. |
For those that think Korea is protectionist, you have not seen what true protectionism is until you've seen the lengths the American government will go to protect it's farmers, companies. |
Spot on racetraitor...if you wanna see communism, look at how the US gives welfare to already massive companies. |
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stevemcgarrett
Joined: 24 Mar 2006
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| Posted: Mon Apr 02, 2007 4:25 am Post subject: |
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NOT MUCH TO CELEBRATE YET!
The FTA must pass both legislative bodies and there's a good chance the Koreans will veto it, unfortunately.
Don't be looking for Prime USDA beef anytime soon. The agreement allows the Koreans to phase in the tariff reductions over 15 YEARS. Maybe by then Korean farmers will be able to blow up a few hills for pasture land.
Racetraitor:
You're beginning to sound like Hugo Chavez. A quick glance at the official FTA media guide shows that it's a win-win for both countries. Do you really believe the Koreans would fork over their won freely?
That's like saying that Korean taxi drivers are courteous to pedestrians. Spare us. |
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butlerian
Joined: 04 Sep 2006
Location: Korea
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| Posted: Mon Apr 02, 2007 4:28 am Post subject: |
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| stevemcgarrett wrote: |
NOT MUCH TO CELEBRATE YET!
The FTA must pass both legislative bodies and there's a good chance the Koreans will veto it, unfortunately.
Don't be looking for Prime USDA beef anytime soon. The agreement allows the Koreans to phase in the tariff reductions over 15 YEARS. Maybe by then Korean farmers will be able to blow up a few hills for pasture land.
Racetraitor:
You're beginning to sound like Hugo Chavez. A quick glance at the official FTA media guide shows that it's a win-win for both countries. Do you really believe the Koreans would fork over their won freely?
That's like saying that Korean taxi drivers are courteous to pedestrians. Spare us. |
Or like Americans are in it for anything other than their own interests? Yes, very true. |
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JeJuJitsu
Joined: 11 Sep 2005
Location: McDonald's
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| Posted: Mon Apr 02, 2007 5:03 am Post subject: |
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I vote for a US-Korea FTA thread that doesn't include nosey Canadian posters piping in about how bad NAFTA was for them  |
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Octavius Hite
Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.
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| Posted: Mon Apr 02, 2007 5:05 am Post subject: |
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Canadians who complain about NAFTA have no idea what in the hell they are talking about. Free Trade is great and Canada has only gotten wealthier and more successful as a result of this.
GO KORUS! |
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JeJuJitsu
Joined: 11 Sep 2005
Location: McDonald's
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| Posted: Mon Apr 02, 2007 5:14 am Post subject: |
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| Octavius Hite wrote: |
Canadians who complain about NAFTA have no idea what in the hell they are talking about. Free Trade is great and Canada has only gotten wealthier and more successful as a result of this.
GO KORUS! |
Pfffttt...good luck explaining that to a dope-addled Cannuk. |
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thepeel
Joined: 08 Aug 2004
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| Posted: Mon Apr 02, 2007 5:21 am Post subject: |
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| RACETRAITOR wrote: |
| Bibbitybop wrote: |
| leebumlik69 wrote: |
| Bibbitybop wrote: |
| leebumlik69 wrote: |
| zolt, mindmetoo, positive realist, racetraitor wrote: |
| ............................... |
offtopic |
I disagree. It shows potential consequences relating to the original post. |
I disagree. The potential consequences of the K-US FTA have not been discussed as yet. Just old irrelevant news... |
No, I disagree.  It shows the patterns in US trade history and since the US is about to rock Korea's boat (maybe for good, maybe for bad), it's relevant. |
It's very relevant. The US has a terrible track record as a free trade partner. If someone ripped me off 6 billion dollars, I'd be warning other people thinking of doing business with them. |
That is one example. NAFTA has been good for Canad and the United States. Mexico might be a different situation.
The reasons that NAFTA has been less successful is that labour was not included. Increased trade makes more strong comparative advantage and as such leads to more specialization and displaced workers. It would must better if NAFTA had included labour. In fact, labour should just be free in the Americas full stop.
The way it works now is that capital can move around freely but labour can not. This is the leading reason as to why we are seeing increased inequality. Labour must be able to go where it is needed, just as capital does. Otherwise you get labour shortages (which is the cause of the illegal immigration to the USA from Mexico) and unemployment when people are stuck to a geographic region.
If you want to discuss NAFTA, you can. But, you will do well to move beyond platitudes about trees. That is one issue of a massive agreement.
NAFTA isn't even close to free trade either. Real free trade would be a gift from Allah (hakuna mattada). |
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thepeel
Joined: 08 Aug 2004
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| Posted: Mon Apr 02, 2007 5:23 am Post subject: |
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| DCJames wrote: |
| RACETRAITOR wrote: |
| Positive Realist wrote: |
| mindmetoo wrote: |
| RACETRAITOR wrote: |
| I just hope Korea doesn't get screwed like Canada and Mexico have. |
Were we? When America went into recession in 2000, the Canadian economy kept growing. We've had budget surpluses for a decade now. Canada enjoys a huge trade surplus with the USA. Professionals can work more easily in the USA with the TN visa. How were we screwed? |
Potatoes and lumber my friend, potatoes and lumber. |
The US illegally put up a tariff on softwood lumber, which ripped our economy off about 6 billion dollars. NAFTA ruled in favour of free trade and told the US to pay Canada back, but it isn't going to happen. The US is just a bad, untrustworthy trading partner. They pretty well said "We're going to put up a tariff because if we don't, our lumber industry will suffer." So it's basically only one-way free trade. |
For those that think Korea is protectionist, you have not seen what true protectionism is until you've seen the lengths the American government will go to protect it's farmers, companies. |
No. Korea is one of the most protectionist states in the world. Protection is different than subsidization. America is both actively protecting and subsidizing farmers to an absurd degree, but the comparison you made is quite wrong. Korea is a whole other world. Korea protect everything. America is a tad more selective. |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Mon Apr 02, 2007 11:31 am Post subject: |
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| Octavius Hite wrote: |
Canadians who complain about NAFTA have no idea what in the hell they are talking about. Free Trade is great and Canada has only gotten wealthier and more successful as a result of this.
GO KORUS! |
you aren't being sarcastic are you? |
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Gopher
Joined: 04 Jun 2005
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| Posted: Mon Apr 02, 2007 11:48 am Post subject: |
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| Travelous Maximus wrote: |
| WTF? |
Welcome to the Current Events Forum, Travelous.
Jdog: please do something about your avatar before posting messages on other threads here. |
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Octavius Hite
Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.
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| Posted: Mon Apr 02, 2007 3:50 pm Post subject: |
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No I wasn't being sarcastic, Canada has had a huge net benefit from NAFTA. Ask the wine growers in Ontario, the dope growers in BC, the car makers in Ontario. the oil sands in Alberta, I mean we have done very well for ourselves.
Yes the Americans violated NAFTA over softwood, but we got most of the money back and now things are relativily copastetic. Viva NAFTA! |
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