As a candidate for president, Donald Trump had at least one thing in common with President Barack Obama: Both leaders promised to renegotiate the North American Free Trade Agreement (NAFTA) to get a better deal for American workers. However, only President Trump kept his promise.
The signing of the United States-Mexico-Canada Agreement (USMCA) to replace the long-standing NAFTA accord is a step forward toward a freer, fairer trade system between America’s trading allies. The USMCA offers American workers a superior deal that will level the international “playing field” and boost economic growth at home. What’s more, the Trump administration has an opportunity to vastly amplify the economic benefits of the pending agreement by exempting Canada and Mexico from recently imposed steel and aluminum tariffs.
Such swift and decisive action will send a signal to the world that the United States is “open for business” and committed to free trade with our friends. By lifting these tariffs, the administration will broaden its commitment to protect American workers and advance free trade — not just in the United States, but around the globe.
Despite being derided by political rivals and a hostile media, President Trump has made reinvigoration of America’s manufacturing sector a core tenet of his economic policy. For decades, under the policies of both parties, American manufacturing jobs were shipped overseas as the weight of staggering regulations and governmental policies made it difficult to build in America.
https://www.realclearpolicy.com/articles/2018/12/13/usmca_a_free_trade_trifecta_110957.html
The signing of the United States-Mexico-Canada Agreement (USMCA) to replace the long-standing NAFTA accord is a step forward toward a freer, fairer trade system between America’s trading allies. The USMCA offers American workers a superior deal that will level the international “playing field” and boost economic growth at home. What’s more, the Trump administration has an opportunity to vastly amplify the economic benefits of the pending agreement by exempting Canada and Mexico from recently imposed steel and aluminum tariffs.
Such swift and decisive action will send a signal to the world that the United States is “open for business” and committed to free trade with our friends. By lifting these tariffs, the administration will broaden its commitment to protect American workers and advance free trade — not just in the United States, but around the globe.
Despite being derided by political rivals and a hostile media, President Trump has made reinvigoration of America’s manufacturing sector a core tenet of his economic policy. For decades, under the policies of both parties, American manufacturing jobs were shipped overseas as the weight of staggering regulations and governmental policies made it difficult to build in America.
https://www.realclearpolicy.com/articles/2018/12/13/usmca_a_free_trade_trifecta_110957.html
