Trump is nothing more than a cowboy that is all hat and but no cow. He thrives on flexing his muscle on what he perceives to be a weaker opponent to his reptilian instincts to pounce on smaller pray. However, the reality is that a NAFTA disruption will bring chaos to the supply chain of many companies that depend on parts or finish products to conduct their business and this will result in numerous lawsuits from all three countries. Cancelling NAFTA does not mean any country is going to disappear only that it would be major disruption to the existing supply chain of established businesses.
Moreover, there will be political and legal price to pay on question about the powers of the presidency, which include foreign affairs, control over tariffs delegated through various laws, and the provision in NAFTA that allows him to cancel the deal on six months' notice.
But on the other side is Congress, which has constitutional authority over international commerce and duties and when it passed a law to implement NAFTA a
No comments:
Post a Comment