Posted on 12/23/2019 8:06:14 PM PST by Tolerance Sucks Rocks
President Donald Trump’s United States-Mexico-Canada Agreement is finally up for a vote this week—just in time for Christmas.
After nearly a year of delay, this gift for the American people represents an opportunity for freer trade and a chance to grow our economy, reduce prices on many goods, and increase our exports to the world, creating more and higher-paying jobs in the process.
As we all know, just like with other Christmas gifts, you also can get the occasional ugly sweater that you really didn’t want. The same is true here.
Some compromises were made to get USMCA through Congress, such as labor and environmental provisions that actually will create some barriers to trade and cause cost increases with certain goods.
However, just like you wouldn’t cancel Christmas gift-giving because you might get one of Aunt Janice’s homemade reindeer sweaters, the effect of these extra provisions doesn’t outweigh the fact that the overall agreement is truly in the best interest of America’s families, workers, businesses, and farmers.
The United States-Mexico-Canada Agreement would update the North American Free Trade Agreement. NAFTA, passed in 1994, created one of the largest free trade zones in the world, allowing America to export more products and services, create more jobs, and grow the economy.
Additionally, NAFTA allowed American businesses to develop better supply chains where they could draw from the best and most competitively priced products and raw materials from throughout North America. Businesses could trade them across borders without tariffs, lowering the overall costs of the end products. That process has helped many American products become even more competitively priced around the world.
(Excerpt) Read more at dailysignal.com ...
I didn’t want Free Trade. This is the opposite of what I wanted.
I wonder if this writer knows what’s in the new agreement. I don”t yet, but this is the same BS used to put NAFTA over on the American public. Sounds like she found some of the old 1992-1993 talking points. Not exactly thrilled to read this, but will wait for other analyses from other sources.
This is the first President since Reagan who has been on our side in the trade wars. We can benefit from free trade if it’s fair.
There are so many requirements for automotive manufactures that I worry that they will just say screw it and just ignore this and get the stuff from China and Korea.
Indeed, the Birchers have a list on their website of what is wrong with this agreement. There may be many good things about it, excluding the managed trade with wages in Mexico and autos, but it also puts us under some provisions of UNCLOS (Law of the Sea Treaty), and it allows the supranational supervisory entity to have all kinds of sub-committees. All you should really need to resolve trade disputes under this agreement is one modest-sized committee. Just 3 or 4 people from each country would do in the one committee. The actual bureaucracy this new agreement would create, on the other hand, is shamefully large and complex.
And then, there is some globalist gobbledygook language copied from the TPP, including the ability to override each country's immigration statutes to facilitate free trade in services.
Hey, the agreement is 2,425 pages in length. What could POSSIBLY go WRONG???
Birchers?
That is enough to trash the story
I guess I’m hoping to see something soon that tells why the USMCA is better than NAFTA, how it’s different. I wonder if the aspects of the agreement the Birchers object to are anything new, or mostly features that were already in NAFTA. I know that NAFTA had many features that could be considered regionalism, or globalism, and anti-US sovereignty.
If this agreement replaces NAFTA (and I think it does) rather than amending it, then it would have to restate the items that are retained from the original NAFTA.
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