Monday, December 9, 2019

BREAKING Trump and House Democrats are on Verge of a Handshake Deal on U.S.-Mexico-Canada Trade

Jennifer Jacobs, senior White House reporter for Bloomberg News, tweets that the Trump administration and House Democrats are on the verge of a handshake deal on the U.S.-Mexico-Canada "free trade agreement."

Apparently, according to Jacobs, plans are being discussed for where to hold the 3-country signing ceremony for USMCA.

USMCA is not a free trade deal, it is a crony trade deal but on the spectrum of no trade deal to free trade deal, I would rather have a crony deal than no deal.



  1. Why do you prefer no deal to a crony deal?

    1. I mean the other way around, why prefer crony over no deal?

    2. Capitalism breathes through loopholes. Rather laws that inhibit trade not exist in the first place (i.e. free trade) -- but barring that, limited / crony trade is better than no trade.