To: Brilliant
With CAFTA, investors will feel much safer about relocating plants and factories in CAFTA countries. The GOP staid as much in the debate, the CAFTA countries are just another cheap labor pool to be utilized by industrialists to avoid high labor counties like the usa.
48 posted on
07/29/2005 8:41:18 AM PDT by
jpsb
To: jpsb
That would be true, except that the vast bulk of their exports to the US are not subject to significant tariffs anyway. That's not to say that it won't have any impact, but it would be minimal, and may very well be a net benefit to the US since most of those countries have very high duties on American imports.
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