US - Mexico Trade Accord

Discussion related to the past and present operations of Kansas City Southern Lines, including affiliates Texas Mexican Railway, Grupo Transportation Ferroviaria Mexicana (TFM), and Panama Canal Railway Co. Official web site can be found here: KCSOUTHERN.COM.

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US - Mexico Trade Accord

Postby Gilbert B Norman » Tue Aug 28, 2018 9:54 am

So far, there has been no reports how the tentative bilateral US-Mexico trade accord has affected the KCS.

Maybe "to early to tell", but at the moment KSU is trading "flatline". I would think with so much of KCS at stake with a free flow of US-MEX commerce, there would be a measurable impact. Perhaps that Canada is not party at present is a big question mark.

Nevertheless, stay tuned. "No comment" (author does not hold any FINCA licensure) whether it's time to call your broker.

Finally, while ancient history of sorts,Slate posted an article shortly after the Inauguration suggesting KCS could have played their cards better. Let's see how this shakes out.
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Re: US - Mexico Trade Accord

Postby mmi16 » Wed Sep 05, 2018 12:14 pm

Never too old to have a happy childhood!
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Re: US - Mexico Trade Accord

Postby Backshophoss » Wed Sep 05, 2018 7:34 pm

Believe this "agreement" will need to be reviewed by the Congress critters as this reportedly replaces NAFTA,it's a "NEW" Treaty.
The BLE now understands what Truck Drivers have said from the beginning of NATFA,the Mexican crews don't have the same training as what is done
in the US and Canada.(Both Union and non union drivers)
Mexican Drivers are allowed 50 mile access(from Border) to deliver to a forewarder or US Trucking Company's yard.
Can understand a Mexican T&E crew operating to the 1st yard in the US from the Border,but not farther inland.
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Re: US - Mexico Trade Accord

Postby Gilbert B Norman » Wed Sep 05, 2018 9:38 pm

Backshophoss wrote:Believe this "agreement" will need to be reviewed by the Congress critters as this reportedly replaces NAFTA, it's a "NEW" Treaty.

Mr. Backshop, any successor NAFTA agreement, be it bi or tri lateral, is a treaty, or an agreement between sovereign nations. Article II, Section 2 of the US Constitution, so empowers the President. However such treaty requires "Advice and Consent" of presently 67 US Senators.
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Re: US - Mexico Trade Accord

Postby Gilbert B Norman » Mon Oct 01, 2018 7:18 am

Although I've only heard it reported on CBS Radio News, there is now a trade agreement in place with Canada. A trilateral or a separate bilateral from that with Mexico. I know not.

Somehow, I think the US Senate presently has "hotter pots on the stove" than this treaty, and will quickly ratify it - just to be rid of it.

Either way, I'm certain the sigh of relief will be heard in Kansas City (Col. Perkowski, are you listening?) - and on Wall Street. Even though KCS serves no further North than Kansas City, a CP-Portal-SOO-Kc-KCS routing certainly represents a "friendly" routing for Canadian agriculture either to the Gulf and, subject to greater political stability to the Pacific through Lazaro Cardenas and its considerably lower steveidorage costs.

Also, a sigh from Montreal is also heard, for CN's "Anywhere Canada to the Gulf (IC)" strategy is also secure for the length of the treaty.
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Re: US - Mexico Trade Accord

Postby Gilbert B Norman » Wed Oct 03, 2018 11:21 am

This New York Times does address the Trilateral trade agreement and is known as the USMCA:

https://www.nytimes.com/2018/10/01/busi ... ences.html

Fair Use:

...There’s a lot to digest in the new trade agreement that the United States, Mexico and Canada finalized in deadline-beating fashion on Sunday, starting with a name change: If the new deal is adopted by all three countries, the North American Free Trade Agreement will give way to the United States-Mexico-Canada Agreement or U.S.M.C.A.

It’s a cosmetic change for an otherwise consequential set of revisions.

“It’s not Nafta redone, it’s a brand-new deal,” President Trump said at the White House on Monday...It guarantees Canadian and Mexican manufacturers expanded access to some large American markets, such as cars and light trucks, but leaves lingering questions about their ability to avoid tariffs on steel and aluminum exports to the United States..


Unanswered is will there be a favorable effect for the KCS.
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