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Foose, American racing TT's, Coys c5, etc. etc. are all made in China! You can thank DemoRat Bill Clinton for that, he enacted N.A.F.T.A and sent all of our jobs overseas! So all US companies closed down and moved over there. Why pay an American worker $15.00 an hour when you can pay a Chinaman $5.00 a day! Obama added 3 more country's to NAFTA. South Korea, Columbia and Panama, outsourcing even more of our jobs and taxpayer dollars! NAFTA is the reason we can’t find anything with the "made in the USA label any more. Remember that come November and vote Romney in and obama out!
Last edited by Rick Fierro; Jul 22, 2012 at 02:21 PM.
Foose, American racing TT's, Coys c5, etc. etc. are all made in China! You can thank DemoRat Bill Clinton for that, he enacted N.A.F.T.A and sent all of our jobs overseas! So all US companies closed down and moved over there. Why pay an American worker $15.00 an hour when you can pay a Chinaman $5.00 a day! And Obama added 8 more country’s to N.A.F.T.A. Outsourcing even more of our jobs. Remember that come November and vote Romney in!
I'm A little confused here. what does the North America Free Trade Agreement have to do with China, BTW China is in Asia.
Last edited by Bangkok Dean; Jul 13, 2012 at 02:52 PM.
But I agree that there have been 100's of thousands if not millions of high paying N. Am. jobs leave for China, India, Malaysia and Indonesia. Leaves a frightening job prospect for our children. So many university and college grads are heavilly in debt and fighting over min. wage jobs.
When it comes to wheels, brakes, engine parts I prefer to source in N. Am. if at all possible. I dont mind paying more to try to give one of our own kids (or forum members) a job.
....Prior to NAFTA China had a small surplus with the U.S.
.....Every year since the beginning of NAFTA, China's surplus with the U.S. has risen tremendously
.... In 2007 alone, China had a $256,000,000,000 surplus with the U.S.
.....What is the relationship between China and NAFTA
NAFTA allowed U.S. manufacturers to set up Maquiladoras as assembly plants for U.S. parts. The Maquiladoras were originally buying their parts from suppliers in the U.S. and Mexico.
Once the US - China bilateral agreement took hold, the Maquiladora's operations became conducive to the importation and assembly of Chinese made parts.
$90 billion in U.S. trade deficit dollars are sent to Mexico for assembly of the Chinese made parts --- much of the U.S.$90 billion sent to Mexico is then sent to China to pay for these parts!
Look at it this way:
1. imports from China go to Mexico for assemby
2. $90 billion in U.S. trade deficit dollars are sent to Mexico for assembly of the Chinese made parts
3. much of the U.S.$90 billion sent to Mexico is then sent to China to pay for these parts!
THUS - THE HUGE U.S. TRADE DEFICITS WITH MEXICO ARE JUST A COVER-UP FOR ADDITIONAL TRADE DEFICIT DOLLARS GOING TO CHINA!
Thus, the huge deficit that the U.S. has with Mexico is mostly going to China and can be added to immense deficits the U.S. already has with Communist China!
Red China is investing heavily in developing deep-water ports in Mexico to bring an unprecedented volume of containers into the U.S. along the emerging NAFTA SuperHighway. This move signals China’s emergence as the unexpected economic winner in the North American Union free market.
Nearly 2 decades ago the North American Free Trade Agreement was a political football in the U.S. presidential election, with independent candidate H. Ross Perot famously predicting "a giant sucking sound" as U.S. manufacturing jobs flew south to Mexico.
In 2003, for the first time China exported more to the U.S. than did Mexico: $152 billion compared to $138 billion. Competition for U.S. investment dollars is also heating up between Mexico and China. Before Mexico signed the General Agreement on Tariffs and Trade (GATT) it received only $1.3 billion in foreign investment annually. After GATT, that increased to about $3.5 billion. But after NAFTA, it increased to $14 billion.
"There is a clear correlation between NAFTA and much higher foreign direct investment." Last year, however, more evidence of what I like to call "the China effect," as foreign investment in Mexico fell to $10 billion.
"The 'sucking sound' is now coming from China!
Last edited by Rick Fierro; Jul 23, 2012 at 04:17 PM.
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