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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: ChuteTheMall

We’ll have to replace him in his primary with no help from Bannon or Trump.


Is there any scuttlebutt about any potential challengers?
We are one year and and six days away from the election.


61 posted on 10/31/2017 6:47:02 PM PDT by deport
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To: dragnet2

Got your wires crossed there my FRiend.

Political globalism threatens national borders and national sovereignty. Don’t be like so many and confuse that with free trade economics which in no way threatens national sovereignty or borders. In fact, countries that engage in free trade end up stronger nationally.


62 posted on 10/31/2017 6:47:44 PM PDT by Jim W N
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To: central_va

You do understand that NAFTA has created countless jobs and billions in monetary movement within the US?

You also do understand why manufacturers have moved to Mexico and Canada correct? It wasn’t the cost of employee if you fancy in that direction. It is because Mexico has over 50, yes 50 unilateral trade agreements with numerous nations for supply and material to MANUFACTURE goods. While the US and its meddling and protective tarrifs and choking regulations have absolutely decimated the free transfer of manufacturing and wealth.


63 posted on 10/31/2017 6:48:03 PM PDT by Jarhead9297
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To: ChuteTheMall

Lyin Ted’s at it again trying to convince us he’s being “candid”. If he doesn’t announce that he’s being candid, does that mean he’s lying?

The government is supposed to make it’s money through import taxes, not income taxes. It’s nice to have goods from other countries, but we are capable of excellent quality goods too. The point is to kick-start domestic manufacturing once again. I’m not sure globalists understand the concept of keeping one’s own home in good condition. They want to give everyone else’s goods away while their own house crumbles.


64 posted on 10/31/2017 6:48:25 PM PDT by PrairieLady2
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To: Sign Petition to Arrest Comey

Ted, this is why YOU are NOT President.


65 posted on 10/31/2017 6:48:52 PM PDT by Billyv (Freedom isn't Free! Get off the sidelines!)
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To: Jarhead9297; Jim 0216
Hey, was George Washinton a Bolshevik? He signed the first tariff act you drama queen.

Nobody wants to stop trade, we want to tax imports like our founders did. You can buy from anyone, just pay the duty if it is an import or find a domestic supplier. If none exit then the economic pressure to create one will be very strong.

I have to pay a duty(income tax) just to work in this "progressive" country, and you act like a tariff is going to kill you. Nobody would ever claim a tariff was progressive in any way.

Were you really a Marine. I don't believe it.

66 posted on 10/31/2017 6:49:46 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Jim 0216

Folks here have their terms discombobulated and bass ackwards. They also confuse populism as a principle (conservatism) vs a movement. There is nothing more conservative than complete free trade with Government completely out of the way of picking winners and losers in the marketplace.

Well because ya know, Government knows best right?


67 posted on 10/31/2017 6:51:54 PM PDT by Jarhead9297
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To: Jarhead9297
You do understand that NAFTA has created countless jobs and billions in monetary movement within the US?

And a $50B annual trade deficit. But we'll IGNORE TAHT, right?

I hope you go out of business, because apparently you can't deal with your fellow Americans. Loser.

68 posted on 10/31/2017 6:52:58 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Sign Petition to Arrest Comey

Hey Ted, drive through what used to be the NC furniture and textile towns. It can’t get any worse than it is now.


69 posted on 10/31/2017 6:53:33 PM PDT by Rebelbase (There are only two genders. The rest are mental disorders.)
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To: Jarhead9297; Jim 0216
There is nothing more conservative than complete free trade with Government completely out of the way of picking winners and losers in the marketplace.

The Republican Party Platform(1924)


We reaffirm our belief in the protective tariff to extend needed protection to our productive industries. We believe in protection as a national policy, with due and equal regard to all sections and to all classes. It is only by adherence to such a policy that the well being of the consumers can be safeguarded that there can be assured to American agriculture, to American labor and to American manufacturers a return to perpetrate American standards of life. A protective tariff is designed to support the high American economic level of life for the average family and to prevent a lowering to the levels of economic life prevailing in other lands.

In the history of the nation the protective tariff system has ever justified itself by restoring confidence, promoting industrial activity and employment, enormously increasing our purchasing power and bringing increased prosperity to all our people.

70 posted on 10/31/2017 6:55:00 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Those were tax imports to raise money for the federal government (pre income tax). The Government doesn’t need anymore money, they don’t need to implement tarrifs. In fact they need to get the hell out of the way and their damned hands out of my pockets.

So in addition to tax this and tax that on the federal, state, and local levels let’s now punish free trade and also continue regulating the companies that use it.

Ya that makes perfect sense because Government knows best


71 posted on 10/31/2017 6:55:02 PM PDT by Jarhead9297
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To: central_va

You understand that the trade deficit is a misnomer right? Let’s say a Mexican company opens a large business here to assemble parts. That adds to the trade deficit. What about a Canadian citizen that places millions of dollars into a US bank that employs a couple hundred US citizens? That too adds to this magical deficit folks wish to trot out.

Deficits are not always bad


72 posted on 10/31/2017 6:57:51 PM PDT by Jarhead9297
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To: Sign Petition to Arrest Comey

You know, if these dumb ass Republicans would keep their mouth shut Trump would make a better deal with NAFTA. If Canada and Mexico think Trump is going to cancel the deal they would fold like a cheap suit. Instead the Republicans give them reassurances and them become emboldened


73 posted on 10/31/2017 6:58:44 PM PDT by martinidon
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To: Jim 0216
In fact, countries that engage in free trade end up stronger nationally.

Yeah, like Great Brittain!

You're killing me!

74 posted on 10/31/2017 6:59:32 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

farming also adds a very large portion to the deficit again not a bad measure


75 posted on 10/31/2017 6:59:57 PM PDT by Jarhead9297
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To: Jarhead9297
Deficits are not always bad

You are an idiot.

76 posted on 10/31/2017 7:00:28 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va; Jarhead9297

More confusion from central_va who refuses to learn anything.

There’s a big difference between protecting a brand new fledgling country in the 1700’s and protecting the most powerful country in the world in the 2000’s.

Been over all this before with central_va.


77 posted on 10/31/2017 7:01:08 PM PDT by Jim W N
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To: Jim 0216; dragnet2
Don’t be like so many and confuse that with free trade economics which in no way threatens national sovereignty or borders.

In point of fact, the whole thing with TPP was that they wanted to pay 300 dollars a month to Vietnamese workers to produce goods they would then sell here. It's perfectly obvious from just that one example why that threatens "national soverignty or borders." It gets even worse when you consider that the "free traders," including Ted Cruz's wife and major Republicans, also openly speak of setting up supragovernmental organizations--in alliance with Mexico and Canada--to manage the "Free trade of workers" back and forth across the border. See the CFR on this. It's for this ultimate goal that Republicans do NOT want to enforce the borders, build the wall, or have any sort of immigration policy other than expanding immigration: because it interfered with their plans of getting us to a point politically where we'd be A-OK with an expansion of NAFTA beyond all imagination.

78 posted on 10/31/2017 7:01:57 PM PDT by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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To: Sign Petition to Arrest Comey
We picked up some Free Traitors™ on this thread like smelly dog doodoo.


79 posted on 10/31/2017 7:02:49 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Sign Petition to Arrest Comey; ExTexasRedhead

Sure glad Scruze is where he is today. He’s always on the side of those who take advantage of us here in North America. Oh well, his is a CubanoCanadian, so it follows that he’d be for our “trading partners” even if it makes our country poorer.


80 posted on 10/31/2017 7:03:23 PM PDT by vette6387 (LOCK HER UP! COMEY TOO.)
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