Ted Cruz warns of ‘profound damage’ to U.S. economy if Trump kills NAFTA

The Toronto Star ^ | 10/31/2017 | Daniel Dale

[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.

[Cicero]

Shut up, Ted, and MYOB. (Robert Heinlein speak for “mind your own business.”)

[bigbob]

So sayeth the “principled conservative”...

[BenLurkin]

Cruz said “NAFTA has created millions of jobs across the United States”

For illegals?

[kingu]

Surprise, surprise, surprise... Yo, Cruz, you constitution love child who will defend it with your dying breath - what was the one function given to the federal government to fund it?

Yes, that’s right, taxes on trade.

What does NAFTA nullify?

Taxes on trade.

Glad you weren’t nominated for SCOTUS.

[Joe 6-pack]

Teddy’s just looking out for the interests of his native Canada.

[Jim W N]

I know that free trade creates wealth. I don’t know how NAFTA is set up.

[Eddie01]

FUTC

[exit82]

Cruz has an election in one year.

[ConservativeMind]

Ted, we can have all the trade we want, but it needs to be taxed.

NAFTA doesn’t allow this.

[BradyLS]

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

[DariusBane]

Texans believe in international trade

Shut your posole whole Ted

[Diana in Wisconsin]

Sit Down, Ted. Oh, and STFU.

I cannot WAIT until NAFTA is fixed...in America’s FAVOR!

MAGA!

[EEGator]

Ross Perot

[Sequoyah101]

Who has paid for ted now?

Stfu ted.

[Angels27]

What is Cruz talking about. NAFTA has been causing profound damage to the US Economy for 24 years.

[Cicero]

Actually, I think Teddy has one foot in Canada and the other in Mexico.

[Gay State Conservative]

We need a strong,vibrant trading relationship with Canada.Assuming that Canada believes the same then we should get that done.Canada's also obviously free to have any kind of trading relationship with Mexico that she wants.

However,*we* should tell Mexico to go fornicate itself.Mexico is our enemy in *every* way except militarily.When the wall is built it should be designed to keep out goods as well as undocumented democrats.

[mrsmith]

Vid of speech:
https://www.cruz.senate.gov/?p=video&id=3460

[Fiddlstix]

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.......

Memo To Ted Cruz:

Click the Pic