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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
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To: exit82

“I wonder what Amanda Carpenter thinks.”

That would explain why the Left was pushing so hard for Cruz.


41 posted on 10/31/2017 6:30:43 PM PDT by BobL ( I beat up McDonald's and Walmart because it makes me feel like a man.)
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To: Sign Petition to Arrest Comey

Lyn’ Ted, the Never Trumper strikes again. Bet there are propagandists here on FR that will defend his latest treason and argue the definition of is. Sickening.


42 posted on 10/31/2017 6:31:46 PM PDT by Reno89519 (PRESIDENT TRUMP, KEEP YOUR PROMISES! NO AMNESTY AND BUILD THAT WALL.)
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To: Jim 0216

43 posted on 10/31/2017 6:32:41 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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44 posted on 10/31/2017 6:33:29 PM PDT by proust (Since a politician never believes what he says, he is quite surprised to be taken at his word.)
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To: Sign Petition to Arrest Comey

Ted should stick to Constitutional Law.
Trump majored in Business, has built an economic empire and understands market economy 100% more than Ted who has never created a single job in his life.

I’ll trust Trump on this.


45 posted on 10/31/2017 6:35:52 PM PDT by weston (SO HERE'S THE STORY: As far as I'm concerned, it's Christ or nothing!)
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To: Sign Petition to Arrest Comey

Anyone want to see a behind the scene genuine Cruz political campaign commercial?

This is the real deal! It’ll make ya recoil!

For those who have not seen it, watch it.

https://www.youtube.com/watch?v=XfKwc5lpZZ0

Watch the whole thing...Not very long.


46 posted on 10/31/2017 6:35:59 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: central_va

Your Lying Leftist approach of using labels instead of actual rationale amount to nothing . Have fun in your fantasyland with your leftist buddies.


47 posted on 10/31/2017 6:36:02 PM PDT by Jim W N
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To: Sign Petition to Arrest Comey

He’s 100% right on this with regard to Canada, and probably mostly right when it comes to Mexico. One of the biggest impacts of NAFTA is that it prohibited both of those countries from nationalizing their energy industries. It’s no coincidence that both Mexico and Canada surpassed Saudi Arabia as the largest foreign suppliers of U.S. oil by the late 1990s.


48 posted on 10/31/2017 6:36:18 PM PDT by Alberta's Child ("Tell them to stand!" -- President Trump, 9/23/2017)
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To: RC one
Just look at that image and answer a simple question:

Was the U.S. better off in 1994 with $50 billion of imports and $50 billion of exports, or in 2015 with $296.4 billion of imports and $235.7 billion of exports?

49 posted on 10/31/2017 6:38:00 PM PDT by Alberta's Child ("Tell them to stand!" -- President Trump, 9/23/2017)
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To: central_va

His wife is a globalist cfr stooge bought and paid for by Goldman-Sachs.

We’ll have to replace him in his primary with no help from Bannon or Trump. We remember the RNC convention, and we remember Ted’s betrayal.


50 posted on 10/31/2017 6:38:52 PM PDT by ChuteTheMall (Tagline: (optional, printed after your name on post):)
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To: Jim 0216

51 posted on 10/31/2017 6:39:56 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Jim 0216

You are very correct free trade does create wealth but don’t go claiming that arozzi nd here . The Bolsheviks wish to control where I as a small business owner where I can buy my material


52 posted on 10/31/2017 6:41:34 PM PDT by Jarhead9297
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To: dragnet2

I’m not crazy about Cruz, but I’m also not crazy about economically dampening protective tariffs.


53 posted on 10/31/2017 6:41:56 PM PDT by Jim W N
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To: Jarhead9297

Around here


54 posted on 10/31/2017 6:42:04 PM PDT by Jarhead9297
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To: Sign Petition to Arrest Comey

I can’t believe I ever supported this POS. cruz has gone full swamp-maggot.


55 posted on 10/31/2017 6:42:25 PM PDT by Sirius Lee (In God We Trust, In Trump We Fix America)
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To: central_va

I could live with that, too.


56 posted on 10/31/2017 6:42:36 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
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To: Jarhead9297

Dang man, you got that right.


57 posted on 10/31/2017 6:43:13 PM PDT by Jim W N
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To: BradyLS; Joe 6-pack
Teddy’s just looking out for the interests of his native Canada.

LOL

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

Perot was right about the giant sucking sound, but IIRC he and his family owned an industrial airport that was all set up to benefit from NAFTA trade. So there are always some people who do directly benefit from things like NAFTA because they are in the right business and in part Ted Cruz in speaking for them.

58 posted on 10/31/2017 6:43:31 PM PDT by wideminded
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To: Jim 0216

Get real...Anyone supporting NAFTA is a GD globalist.


59 posted on 10/31/2017 6:43:55 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Sign Petition to Arrest Comey

NAFTA has been bad for American workers. But great for illegals
and globalist. Lyin Ted is lying again.


60 posted on 10/31/2017 6:47:02 PM PDT by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small fee.)
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