Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Ted Cruz warns of ‘profound damage’ to U.S. economy if Trump kills NAFTA
The Toronto Star ^ | 10/31/2017 | Daniel Dale

Posted on 10/31/2017 6:01:46 PM PDT by Sign Petition to Arrest Comey

WASHINGTON—Texas Republican Sen. Ted Cruz warned Tuesday that the United States would face “massive economic costs” if President Donald Trump killed the North American Free Trade Agreement — but that Trump might go ahead and make that decision.

Cruz said “NAFTA has created millions of jobs across the United States,” and he said “Texans believe in international trade.” He expressed concern that Trump, whom he generally supports, would seek to use the ongoing NAFTA renegotiation to reduce trade and erect protectionist barriers rather than to expand trade.

Reducing access to the Canadian and Mexican markets, Cruz said, would “do profound damage to the American economy and to Texas in particular.”

“Which direction will the administration go? I will tell you candidly: I don’t know,” Cruz said at the pro-NAFTA U.S. Chamber of Commerce on Tuesday. His comments highlight the uncertainty surrounding Donald Trump’s intentions.

(Excerpt) Read more at thestar.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; Mexico; News/Current Events; US: Texas
KEYWORDS: canada; cruz; cruznafta; cubanadian; globalism; goldmansachs; lyingted; mexico; nafta; tedcruz; texas; trump; trumpnafta
Navigation: use the links below to view more comments.
first previous 1-20 ... 121-140141-160161-180 ... 241-249 next last
To: Jim 0216
“Free” means no government interference and leads to economic expansion.

Sure...Expansion to China and Mexico...And yes, free trade benefits a few to the detriment of many...

“Fair” means government-directed activity leading to economic contraction.

We are a Nation of Laws...I have no problem with the gov't protecting our National and financial sovereignty...

141 posted on 10/31/2017 8:20:35 PM PDT by Iscool
[ Post Reply | Private Reply | To 133 | View Replies]

To: Jim 0216
“Free” means no government interference and leads to economic expansion.

Sure...Expansion to China and Mexico...And yes, free trade benefits a few to the detriment of many...

“Fair” means government-directed activity leading to economic contraction.

We are a Nation of Laws...I have no problem with the gov't protecting our National and financial sovereignty...

142 posted on 10/31/2017 8:20:36 PM PDT by Iscool
[ Post Reply | Private Reply | To 133 | View Replies]

To: Jim 0216
“Free” means no government interference and leads to economic expansion.

Sure...Expansion to China and Mexico...And yes, free trade benefits a few to the detriment of many...

“Fair” means government-directed activity leading to economic contraction.

We are a Nation of Laws...I have no problem with the gov't protecting our National and financial sovereignty...

143 posted on 10/31/2017 8:20:37 PM PDT by Iscool
[ Post Reply | Private Reply | To 133 | View Replies]

To: Iscool

There goes my computer again...Sorry for the excessive posts...


144 posted on 10/31/2017 8:23:35 PM PDT by Iscool
[ Post Reply | Private Reply | To 143 | View Replies]

To: Iscool

There goes my computer again...Sorry for the excessive posts...


145 posted on 10/31/2017 8:23:37 PM PDT by Iscool
[ Post Reply | Private Reply | To 143 | View Replies]

To: Iscool

There goes my computer again...Sorry for the excessive posts...


146 posted on 10/31/2017 8:23:38 PM PDT by Iscool
[ Post Reply | Private Reply | To 143 | View Replies]

To: Iscool

There goes my computer again...Sorry for the excessive posts...


147 posted on 10/31/2017 8:23:39 PM PDT by Iscool
[ Post Reply | Private Reply | To 143 | View Replies]

To: Iscool

There goes my computer again...Sorry for the excessive posts...


148 posted on 10/31/2017 8:23:40 PM PDT by Iscool
[ Post Reply | Private Reply | To 143 | View Replies]

To: Iscool
free trade benefits a few to the detriment of many

Certainly the consumer is not determented. Free trade is the consumer's friend and raises their standard of living. Don't see a whole lot wrong with that. The only ones that suffer are special interests protected by government. Special interests hurt our economy as much as any other factor.

149 posted on 10/31/2017 8:25:26 PM PDT by Jim W N
[ Post Reply | Private Reply | To 141 | View Replies]

To: Iscool

Free trade in no way threatens a nations borders or sovereignty and it strengthens a nations’s economy more than any other factor.


150 posted on 10/31/2017 8:27:54 PM PDT by Jim W N
[ Post Reply | Private Reply | To 142 | View Replies]

To: Sign Petition to Arrest Comey

M not so sure about this. I have literally transported car parts made in Mexico, for delivery to Canada for production. How,many Americans could have been paid to fabricate the parts and assemble the vehicle.
Americans Citizens are,last in line for jobs and everything else. Its not just hafta, it’s over regulation and union.
Unions can go away, they are so 1940.


151 posted on 10/31/2017 8:28:40 PM PDT by momincombatboots (White Stetsons up.. let's save our country!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sign Petition to Arrest Comey

Well, being Canadian and all; plus his teddy bear give away to illegals, he obviously doesn’t want to MAGA.


152 posted on 10/31/2017 8:36:51 PM PDT by little jeremiah (Half the truth is often a great lie. B. Franklin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim 0216

Repeating meaningless slogans is like singing advertising jingles. It’s boring and stupid.


153 posted on 10/31/2017 8:39:58 PM PDT by little jeremiah (Half the truth is often a great lie. B. Franklin)
[ Post Reply | Private Reply | To 150 | View Replies]

To: Alberta's Child

I think we have to run trade deficits so other countries can obtain a surplus of dollars in order to trade for commodities-oil specifically because US dollars (petrodollars) are required for purchasing ARAB oil and the only way to get US dollars is to sell more stuff to us than we sell to you. So long as we wish to remain the default global reserve currency, we have to live with this but I’m not sure that that means that endless trade deficits are always gong to be a good thing for us as making things and selling them for a profit is the backbone of any economy.


154 posted on 10/31/2017 8:42:18 PM PDT by RC one (The 2nd Amendment is a doomsday provision, one designed for those exceptionally rare circumstances)
[ Post Reply | Private Reply | To 49 | View Replies]

To: little jeremiah
IF you're referring to his free trade benefits a few to the detriment of many jingle, I agree.

These guys are full of little sayings and jingles not unlike the whole Leftist shtick.

155 posted on 10/31/2017 8:44:00 PM PDT by Jim W N
[ Post Reply | Private Reply | To 153 | View Replies]

To: RC one

Good post. One of the things I’ve learned over my years of doing business is that there is an upside and a downside to almost every conceivable condition one comes across in economics ... high tax rates vs. low tax rates, strong currency vs. weak currency, high commodity prices vs. low commodity prices, etc.


156 posted on 10/31/2017 8:47:49 PM PDT by Alberta's Child ("Tell them to stand!" -- President Trump, 9/23/2017)
[ Post Reply | Private Reply | To 154 | View Replies]

To: Sign Petition to Arrest Comey

so sayeth Ted the Tool! This guy is such an embarrassment! And to think he could have been our president! Thank you Donald Trump!


157 posted on 10/31/2017 8:50:27 PM PDT by rwoodward ("god, guns and more ammo")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cicero

If this is the case, then he’s re-leaving himself on US. US, we’re the ones getting soaked.


158 posted on 10/31/2017 8:53:05 PM PDT by V K Lee (DJT: "Sometimes by losing a battle you find a new way to win the war. ")
[ Post Reply | Private Reply | To 17 | View Replies]

To: rwoodward

The best arguments are that anti-NAFTA folk are leftists. The NeverTrumpers in my NormieBook try to pull that crap. One thing in common amongst them all is they seem to be either Jewish/Atheist or the type of Whites who can’t bench press my IQ.

Their memes are weak too and it’s hilarious watching them still use Drumpf... Honestly I’ve sent a couple PMs and asked how they support such reckless faggotry. I don’t get why they want to defend multinationals, am I supposed to be a corporate whore? I make a cushy mid 6-figure salary but when some HR twit starts talking about diversity I want to pull my hair out. These folks impose leftism for everything, and attempt to force us to work with people who’ve only recently figured out the wonder that is a toilet.


159 posted on 10/31/2017 9:06:04 PM PDT by techworker
[ Post Reply | Private Reply | To 157 | View Replies]

To: BradyLS
Who remembers, “And that giant sucking sound you’ll hear are all the jobs leaving the United States.”

Good old Ross.

160 posted on 10/31/2017 9:14:03 PM PDT by Mark17 (Genesis chapter 1 verse 1. In the beginning GOD....And the rest, as they say, is HIS-story)
[ Post Reply | Private Reply | To 11 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 121-140141-160161-180 ... 241-249 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson