I love that you posted the other day about US robbing us of our natural resources only to sell them at premium costs world wide so they make all the profits...
Maybe if they hard ball on NAFTA we will be forced to finally beef up our own industries and sell products world wide instead of just to one country.
Having US control our economy as such has always bugged me. We should be more independent from them.
The current strategy we have with them is a very familiar scenario in my world...in the natural gas industry there are lots of stories where single source energy providers use their leverage to force the hands of other companies. In example lots of natural gas facilities i've operated have multiple contracts with several natural gas providers to keep our facility full production wise and creates healthy competition. We also then get to dictate the gas contracts coming into our facility and not the other way around.
Then you have other places that have only ONE source of gas supplier and those sites are always struggling to maintain their finances because they are always having to drop their rates to ensure the only gas supply they have stays on to run their facility...not a healthy model. Eventually those plants get choked out and then bought up by the gas supplier who was playing hard ball with them.
We are resource rich country, with vast land and commodities, we should be much better off than we currently are. But unfortunately we have decided that selling our raw goods is the better way to go. To me that leaves our country empty of "final/end products" to use at our own will if times get tough...If we manufactured more goods we'd have more for ourselves as well.
I still can't wrap my head around the fact it's cheaper to ship raw goods across the ocean to China, Taiwan, etc have them manufacture the goods, ship them back across the ocean, then sell the final products in our stores. That is cheaper than doing the full manufacturing circle locally in our own country...so maybe this will never change but it would be nice to see if it did become a reality.