Free Republic

While Central American exporters celebrate the passage of CAFTA, local reaction remains cautious and disappointed. Hoyt Bailey, former executive vice president of Dover Textiles and president of the Dover Foundation, said he was not surprised the Central America Free Trade Agreement made it through the House of Representatives. “The big surprise to me was making China a most favored nation,” Bailey said. “CAFTA is miniscule compared to making China a viable trading partner. [CAFTA] is just another way of taking American jobs away from real, working-class people. It’s very discouraging to see our manufacturing strength go to other countries.” One...